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Leading Innovation How To Develop Strategy, Manage, and Lead Innovation-based Change |
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By Vadim Kotelnikov, Founder, Ten3 BUSINESS e-COACH – Innovation Unlimited, 1000ventures.com
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"Good ideas are not adopted automatically. They must be driven into practice with courageous patience." – Hyman Rickover |
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Leaders: Lead improvisation. Managers: Provide structure. ► Synergy: Jazz of innovation... More
Start with Yourself
To lead innovation successfully you should start with
yourself. A characteristic of CEOs in stagnant companies (often referred to
as the "living dead") is that they ask their people to be entrepreneurial,
to innovate and grow but do not do so themselves. "If people see that the
boss is a "know-it-all," at the very best they'll be motivated to learn all
the boss knows.
Visionary Purpose and Goals Leading innovation requires a visionary purpose and goals. Make sure you keep stretch in your vision, communicate it constantly, and keep linking the events of today to your vision, underscoring the relationship between the two. "The constant tension between today's reality and your goals is what spurs extraordinary innovation... Emphasizing the importance of today's work keeps people focused, while linking it to the vision keeps them motivated."2 This communication should be enduring as "each encounter people have with the firm's vision unveils another element of connection." Leading With a Growth Attitude
Establishing an attitude of relentless growth is
what enables an organization and its people to achieve their goals.
New Systemic Approach to Innovation
Until recently innovation has been seen
principally as the means to turn research results into commercially
successful products, but not all research leads to innovation and not all
innovation is research-based.
Innovation is
systemic.
Developing Innovation-Adept Culture
Establishing the culture of
innovation requires a broad and sustained effort.
The 8 Step Change Process Defrost a hardened status quo:
Case in Point Thermo Electron An example of how effective creative leadership helped to keep innovation and entrepreneurial creativity and energy alive was the approach taken by CEO George Hatsopoulos of Thermo Electron Corporation. He allowed each new project to spin off as a separate company, with Thermo Electron as the majority stakeholder. While thought by some to be primarily an innovation in capital financing, he believed it provided a strong incentive to employees, while at the same time being helpful in bringing in funding. His approach has been an ongoing success6
Learning to Lead... Innovation Process: Diversion and Conversion of Ideas... New Challenge: Leading Knowledge Workers... Leadership Style... Positioning of a Leader... Emotional Task of the Leader... Creative Leadership... Managing Creativity... Creative Problem Solving (CPS)... Inspiring People... Energizing Employees... Volatility Leadership... Strategic Achievement... Infecting Your Firm with the Growth Attitude... Ten Tips for Maintaining a Fresh Perspective with Your Employees... Thought Provokers... Case in Point Quantum... Case in Point Silicon Valley Firms... Case in Point Hewlett-Packard... Case in Point GE...
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