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In this regard, leadership plays a pivotal part for the organisations in order to efficiently structure and establish strong control mechanism in accordance with the competitive nature of the business environment (Simons, 1990). The concept of leadership can be termed as the notion of competence which tends to influence a group of individuals for the accomplishment of organizational vision and enable to obtain stipulated business goals. The adequate competence of innovation and creativity within the leadership approach has been found to play a decisive part for the organisations in order to obtain competitive advantage in the rapidly increasing pace of modern business environment (Schroeder, 2012). . Additionally, the report would also analyse different leadership styles along with theories and evaluate their potential impact in innovation and creativity in a global perspective.

Brief Overview of Innovation and Creativity in an Organisation Innovation The concept of innovation can be considered as one of the major and effective attributes of the modern market leaders which enable them to build an exceptional impression of efficiently managing and controlling their respective organisational operations effectively. It can also be defined as an effective practice which tends to bring adequate competencies for the leaders for appropriately conducting different pioneering activities for attaining desired business objectives.

It is worth mentioning that the innovative managing process enables the leaders to efficiently manage different organisational functions along with facilitating them to increase the potential of each individual towards their assigned roles and responsibilities. The practice further enables the organisations to accentuate much upon the scope of innovation in product, process along with decisions that eventually leads towards enhancing the productivity and the quality of organisational offerings.

In this similar context, continuous innovation towards improving the productivity and quality of product/service can largely facilitate an organisation to gain superior competitive position in this competitive landscape (Amabile, 1996). Creativity Creativity can also be regarded as a major attribute for the organisations which aids in performing effective management practices leading towards increased motivation along with augmented resource and interaction capabilities. The concept of creativity ensures to provide