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Innovation Leadership

Revision as of 16:28, 29 April 2021 by User (talk | contribs)

Innovation Leadership is the ability to inspire productive action in yourself and others during times of creation, invention, uncertainty, ambiguity, and risk. It is a necessary competency for organizations that hope to develop truly innovative products and services.[1]

Innovation Leadership Components

Innovation Leadership Has Two Components

  • An innovative approach to leadership. This means to bring new thinking and different actions to how you lead, manage, and go about your work. How can you think differently about your role and the challenges you and your organization face? What can you do to break open entrenched, intractable problems? How can you be agile and quick in the absence of information or predictability?
  • Leadership for innovation. Leaders must learn how to create an organizational climate where others apply innovative thinking to solve problems and develop new products and services. It is about growing a culture of innovation, not just hiring a few creative outliers. How can you help others to think differently and work in new ways to face challenges? What can be done to innovate when all resources are stressed and constrained? How can you stay alive and stay ahead of the competition?

This two-tiered approach generates the kind of innovation that can produce the next new product or design, but it goes well beyond. It ca spur the development of programs, services, and tools, including Innovation Leadership initiatives to build leadership capacity within and beyond the organization.

  1. Definition - What Does Innovation Leadership Mean? Taylor Cone