Five Strengths of Innovation Leaders
Highly innovative leaders need to share a clear vision, practice effective communication, and make a commitment to roll imagination into reality.
Highly innovative leaders need to share a clear vision, practice effective communication, and make a commitment to roll imagination into reality.
The magical potency of positive thinking has been a common theme among motivational speakers for a long time. In 1952 Norman Vincent Peale published his seminal book, The Power of Positive Thinking. He advocated that you should always be optimistic. You should build a mental picture of yourself succeeding.
Underlying an innovative culture driven by an innovative leader is innovativeness. Innovativeness drives business growth by increasing innovation opportunities.
Before being acquired by Facebook for US$1 billion, Instagram was just another photo-sharing app operating with insignificant infrastructure and a dozen employees. With the ever-increasing potential of modern technology, the next billion-dollar business could start from the comfort of someone’s home. To stay on top, established organisations need to stimulate innovation... and that’s our topic today.
How can leaders fight apathy or indifference in the workplace and create an environment where creativity and innovation can naturally flourish?
No matter the decade in which you grew up, the future promised one thing: flying cars. And yet generation after generation has been disappointed as our technological progress that has given us everything from angry birds to nanotechnology, but… still no Bladerunner vehicles.
I’ve recently been advising a range of leaders in how to start successful innovation programs. A couple are relaunches of efforts that were abandoned in the past, and others are starting from scratch in organizations (and sectors) that are more comfortable with the status quo.
In 2008, Dave Carroll, a Canadian guitarist and songwriter, flew with United Airlines from Halifax, Nova Scotia to Omaha, Nebraska with a stop at Chicago’s O’Hare airport. During the layover at O’Hare a fellow passenger saw the baggage handlers throwing baggage including Carroll’s precious guitar.
Based on research in the market and in many countries, I tried to figure out the exact mechanism by which startup ideas are created. Aim is to facilitate and expedite this process for would-be entrepreneurs. Is it mainly a matter of brainstorming effort or are external factors at play?
Innovation is what creates progress and change. Without the introduction of new ideas and processes, we'd never get any further in life than where we are right now. In business, specifically, innovation means changes to technology and the economy. By always releasing a new, better product, companies constantly up the game to be better in every field.
It’s a fast-paced business world out there where innovation is the name of the game and a powerful tactic that ensures long-term success. After all, if your company is not innovating and reinventing its processes across the board, then you’re falling behind.
Global innovation projects demand particular leadership competencies in a multicultural and networked environment. Leaders need substantial cultural and market intelligence, facilitation, and orchestration skills in order to accelerate innovation and performance around the world. Yet current leadership models are not designed for this highly challenging environment where performance is critical to international market success.
It isn’t exactly easy to succeed in innovation. The vast majority of innovation attempts seem to fail and a mere 6% of executives are satisfied in their innovation performance, despite innovation generally being considered as very important for the future of their organization.
Innovators are among us and within us, spot them by how they think and do things differently.
Mornings can be a difficult time to get motivated. Often we hit our stride just before lunch time and lose that determination that keeps us going in the afternoon. Here’s how the most successful leaders in business power up their mornings to maximize their productivity.