Question: write a conclusion and recommendation based on the findings outlined for a thesis on an investigation into the impact of leadership on innovation adoption:
write a conclusion and recommendation based on the findings outlined for a thesis on an investigation into the impact of leadership on innovation adoption: influence of a new CEO at Demerara Bank Limited where the objectives of the study are: To identify the leadership characteristics exhibited by the new CEO To evaluate the impact of the CEO's leadership style on the bank's innovation adoption rate. To assess the current state of innovation adoption within the bank findings: based on responses ceo demostrated transformational leadership characteristics with elements of transactional and democratic and person rated his effectiveness as per below: Descriptives Communicating a clear vision Inspire the employees Encourage innovation Decisionmaking capability Fostering a healthy organizational culture Mean Median Standard deviation responses on how he encourages and support innovation investment in technology risk taking innovation teams or department collabration with companies training programs for employees others persons indicated his leadership has impacted decision making yes significantly yes moderately No little impact responses for how his leadership played a role in implementing new technology implementation of CRm system digital transformation of banking processes strategic collaboration customer centric innovation process automation responses for what best describes how the bank compares with its peer in innovation approach? Leading the way in terms of innovation over the competitors Keeping abreast of industry changes Slowing in embracing innovation but catching up Innovativeresistant and resistant to change responses for Reent technological innovationadvancements the bank has implemented in the last three years. Advancements of mobile banking Artificial Intelligence AI in customer service eg chatbots Blockchain for transactions Open banking initiatives Digital payment solutions Cybersecurity upgrades responses for how innovative do you think the bank is in comparison to its peers?Scale Much behind, Industry leader responses for What stands between this bank and greater acceptance of new technology? Budget constraints Employee resistance Regulatory and compliance Leadership doesnt support it Customers won't adapt new banking products others responses for What in your view are the measures taken to enhance the adoption of innovations in the bank training and education investment in research and developemnt digital transfofrmstion collaboration creation of an innovative culture customer experience enhancement strategic alignment
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