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Many renowned management philosophers developed models that existed outside the paradigm in which they lived. As these notions overtook dominant paradigms, however, they became the standard of management thought.
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Note. Learners may find it useful to reflect on discussions and assignments regarding innovation from LDR/711. Learners’ beliefs, values, and assumptions have changed throughout the program, and they often yield a deeper understanding of course concepts.
Write a 1,750- to 2,100-word paper in which you discuss and recommend approaches to creative tension between existing management philosophies and the ability to create new business models. Address the following questions:
How do leaders integrate innovative principles while adhering to industry and market mandates?
How may an organization operate and thrive in a paradigm that does not match the current model?
