Understanding the Link Between Leadership and Innovation

Lead Change Blog

At present, it’s hard to tackle any issue pertaining to leadership or management without addressing Covid-19, which is impacting on marketplaces and workplaces across the globe. Make no mistake; Covid-19 has the potential to change virtually all aspects of society, particularly in terms of the structure of the labor market and developed economies across the globe. But what’s the relationship between leadership and innovation and why exactly should you care?

Innovate Forward

Leading Blog

Technology is the raw material that 21st-century innovators need to build new business capabilities, to develop exciting new products and services, and to create workarounds for the physical distancing measures we will likely endure for the foreseeable future. Six powerful new technologies, all reaching maturity simultaneously in the early 2020s, will each act like a new color in the palette of creators, designers, and innovators. Creativity & Innovation

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Three steps toward creating market-leading products

Lead on Purpose

The goal of every company and product leader is to invent products (or services) that become recognized market leaders. We all know about companies … Continue reading → Innovation Leadership Product Management market leader market problems market-leading product category product innovation strategyCreating a new product category is icing on the cake, but also rare and extremely difficult.

Innovative Service Leaders Nurture Trust

Lead Change Blog

He was the CEO of one of the most innovative service companies on the planet. People who lead from this perspective bring completely different practices than those who have a more parental view of their leadership role. Innovative service leadership relies on the naturalness of valued relationships instead of “proper” dealings, artificial structures, and contrived pecking orders. It does not mean leadership cannot be learned or refined.

Is Innovation manageable?

N2Growth Blog

In the years leading up to 2018, I have spent my time bringing innovation to the financial services space. As such it is all about innovation. And now, from a distance, my optimism regarding the sector’s ability to innovate and capture opportunities has not changed. Let’s study a bit about Innovation. Innovation comes in four basic formats. This kind of research does not directly result in marketable solutions. The post Is Innovation manageable?

The Physics of Innovation

Leading Blog

What we were taught in high school science, F = MA , force = mass times acceleration, also describes the physics of innovation. The laws of innovation may be an entirely different application than Newton intended, but tracking through on the metaphor yields pragmatic tips for innovators. Innovation faces the inertia of the status quo defined by team members, organization culture, and whatever product or service solutions already exist. Creativity & Innovation

Responsible Leadership at Market Basket

Great Leadership By Dan

Instead of going about their business as usual, as people at other companies would do, 25,000 employees at Market Basket (they call themselves associates) protested in the streets for six weeks to get Demoulas back. He relies on many of the tenets of what might be called responsible leadership. Create a sense of family : Many companies say they create a sense of family, but it is hard to imagine a company that does it better than Market Basket.

Innovation, Goal Setting, and Market Change – Business Weaknesses

Mike Cardus

Buffalo NY CEO’s are concerned about Innovation, Goal Setting and Assessment, plus Societal and Market Change. An area of focus is the shifts or impacts of innovation and market change or the increase in felt complexity of the business leaders. Business Weaknesses: level of innovation. responding to societal & market change. Progress happens through complexity framing, looking for patterns, and innovation. .

Goal 90

Partnership: A Crucible for Innovation

Lead Change Blog

Realizing the path to innovation would require revolutionary new thinking; all three leaders grasped that it would also take a new way of coalescing and harnessing talent. Reading Collective Genius , The Innovators , Creativity, Inc. and The Google Guys yields a strong confirmation that the pursuit of innovation might require a partnership approach, not a traditional teamwork style. Sourcing Innovation Collaboratively. Luca de Meo at Volkswagen AG did it.

How Innovative Trailblazers are Transforming Business

Skip Prichard

That’s what Brand Positive co-founder Sean Pillot de Chencey teaches in his book Influencers & Revolutionaries: How Innovative Trailblazers, Trends and Catalysts Are Transforming Businesses. “Insight + Ideas + Impact = Innovation.” What’s your definition of innovation?

How To Stay Marketable And Keep Your Job

Lead Change Blog

When so much seems to be out of your control, what can you do to stay marketable and maintain your job? Now more than ever, there is a strong need to remain relevant and innovative within your career. Listen in as Bonnie shares actionable tips for how to stay marketable in a virtual world, and how to align yourself for the best possible outcome within your career during this crisis. What does it take to find your leadership sweet spot?

The fallacy and hubris of “market attractiveness”

Lead Change Blog

How many times have you heard or even said, “Is that market attractive to us”? We look at the markets we’re in, the markets our competitors are in, maybe even some that are new and wonder if they are/could be good for our business. Author information Deborah Mills-Scofield Deb Mills-Scofield has her own consultancy helping organizations create and implement highly actionable, adaptable, measurable, and profitable innovation-based strategic plans.

How Big Companies Can (and do) Innovate Like a Start-Up

Leading Blog

T HE INNOVATION WE PRIZE at successful start-ups is a mindset that is brought into the start-up and not necessarily the inherent quality of every start-up. Innovation isn’t something that just happens; we create the conditions for it. Big organizations can innovate like small start-ups. While organizational size complicates innovation, “scale if properly exploited could actually be an advantage, not a liability, for innovation.” Creating an Innovation Strategy.

Why do leaders need to innovate?

Lead Change Blog

Posted in Leadership Development The success of a company lies in the ability of its leader. A great leader like Lee Iacocca can help a company on a verge of going out of business to recover its position in the market. Why do leaders need to innovate? Leadership Development Change Change Management Collaborate Innovation lead change Leadership Innovation

The Perils of Being an Early Innovator

Lead Change Blog

Some time ago it was brought to my attention that I’m an innovator — the type of person whose ideas are generally pretty far ahead of the curve, before the market is ready for my innovation. We were talking through my last business – I founded a digital marketing firm in 1998 back when people didn’t even know what a website was, and we didn’t build websites – and I had been hashing over some ideas for new directions I was considering. The Innovator’s Impediments.

How Innovation Is Completely Different in Established Organizations than in Startups

Leading Blog

Their greatest fear is no longer their closest competitor, but the startups which, although they live in metaphorical garages and have hardly taken off, have an innovation power that established organizations can only dream of possessing. Still, no matter what great strides the innovative startups make or how much airtime they’re given by the media, innovation in startups is completely different than innovation in established organizations. Creativity & Innovation

Corporate Innovation Through Daring Personal Disruption

Lead Change Blog

Johnson shares this insightful S-curve derived from research on innovation. People, projects and organizations could be in one of three phases on this learning-innovation curve. The market is saturated, and so are you. For organizations, it’s time to keep looking for innovations or they will be stuck at a plateau. At the top of the curve, you encounter the innovator’s dilemma. They know they have to be agile, more responsive to change, innovative.

In Marketing, the “C” Word Cannot Exist

In the CEO Afterlife

Many years ago I read Theodore Levitt’s The Marketing Imagination. In the book, the renowned marketing professor said there was no such thing as a commodity, only people who think like commodities. This served me well as a branded coffee marketer. Differentiation is the name of the marketing game. Marketing is the creator and curator of that disparity. We are in a day and age where brilliant marketing can no longer “sell ice cubes to Eskimos.”

How Leaders can Ignite Innovation

Great Leadership By Dan

An executive at a company I work with recently told me: “W e have very creative employees who want to be innovative but find many obstacles created by the cultural opposition to it. We spend a lot of time training and encouraging employees at all levels how to be more creative and innovation. They leave our programs all fired up ready to change the world, then go back to a workplace that crushes their innovative ideas and enthusiasm. Allow employees time to innovate.

Stop Numerator Thinking: Innovating Your Service Experience

Lead Change Blog

Then there are the business developers forever in pursuit of new products and new markets. I listened to an IT manager explaining on a speakerphone to a colleague he served in the marketing function why it was going to take two days to get a requested report. I was in the marketing director’s office and overheard the whole conversation. They cultivate, grow, innovate and invest. Pretty good service is not your ticket to avoiding the blade, innovative service is.

Learning from the Innovation Leaders

Great Leadership By Dan

Guest post from Rowan Gibson : Not since the dawn of the Industrial Revolution has there been a greater need to learn the art of innovation leadership. Successful products, services, strategies, and business models now have a shorter shelf-life than ever before in business history, which means that “innovate or die” is not just a cute bumper sticker; it’s a brutal reality of twenty-first century competition. Who do we think of as innovation leaders?

The Best Leadership Books of 2020

Leading Blog

Competing in the Age of AI : Strategy and Leadership When Algorithms and Networks Run the World by Marco Iansiti and Karim R. When traditional approaches are inadequate or resisted, advanced leadership skills are essential. 2020 has tested us.

Books 369

Use the ‘Always Day One’ Mindset to Power Innovation

Skip Prichard

In his new book, Always Day One , award-winning Silicon Valley journalist Alex Kantrowitz takes readers deep inside the tech giants, revealing the leadership and culture practices that have helped them dominate the economy. Subscribe to Leadership Insights , the blog that transforms.

Marketing the Moon: The Selling of the Apollo Lunar Program

Kevin Eikenberry

Take two marketing and PR professionals with a passion for the history […]. Books Innovation Leadership Learning Apollo Program marketing PR By David Meerman Scott and Richard Jurek It took more than science to get us to the moon – it took storytelling. This book tells us that story – an important part of the Moon program not yet ever explored in this way.

Leaders, Want To Master Innovation? Then Get Funny!

Tanveer Naseer

So to get the most out of innovation processes such as design thinking, truly creative leaders also need to master the social dynamics of… [wait for the punchline}…humor! But in the world of leadership, humor has typically been typecast as a manifestation of individual personalities and thereby a spontaneous and non-replicable activity. We have witnessed that skilled leaders, those we call “Stand-Up Strategists”, understand the utility of humor to boost innovation.

7 Ways Young Leaders Can Be More Innovative

Joseph Lalonde

Young leaders are innovative. Young leaders are innovative. But young leaders can be even more innovative (and influential) with a few tweaks. But even before the light bulb people couldn’t say Edison wasn’t innovative. He was innovative. We can see with Edison that even though he was an innovator, he always found ways to be even more innovative. So, let’s see how young leaders can be more innovative than they already are.

Are you a leader in product innovation?

Lead on Purpose

What drives innovation in your company or organization? Do you watch the trends of competitors or others close to your market? In a recent MIT Sloan Executive Education innovation@work post the author Eric von Hippel asserts that company leaders focus too much on what’s next based on their internal product innovators, and they do not listen enough to the people using the products. Innovation Leadership Product Management / Marketing customer visits customers

The fallacy and hubris of “market attractiveness”

Mills Scofield

This appears on Smartbrief''s Smartblogs for Leadership! How many times have you heard or even said, “Is that market attractive to us”? We look at the markets we’re in, the markets our competitors are in, maybe even some that are new and wonder if they are/could be good for our business. Culture Customer Needs Innovation Leadership Leading Indicators Market Attractiveness Strategy market research

What do Blue Lobsters Have to do With Innovation? Everything!

Mills Scofield

Because the key to innovation isn’t processes, stage gates, weird exercises, or competitions. The key to innovation has been and always will be People. I view the commitment to innovate, in the companies I’ve worked for and with, as a spectrum of lobsters - from cooked, to live, to rare blue ones. Red Lobsters think they innovate and believe they want to, but not enough to expand their comfort zone and hire the right people to do it.

Why HR Needs to Be a Marketer

In the CEO Afterlife

Great marketing begins with great strategy. There’s more: a marketer’s product or service better deliver on the promise. If it doesn’t, great marketing cannot exist. For the sake of brevity, I’ll list just five similarities between HR and brand marketing. Marketers determine how to bring the brand promise to life. In the high tech world, innovation is critical to survival. Great strategy seldom happens without sacrifice.

How to Make the Innovation Work

Coaching Tip

Innovation occurs when boundaries, roadblocks and Naysayers are pushed to the side. A book, ORBIT-SHIFTING INNOVATION , explores both the creative process behind innovation, as well as the execution. It offers cutting-edge insights into the scholarship of the business and management arena, brimming with case studies of orbit-shifting innovations from both the private and public sectors. Therefore, they are prepared to iterate and grow the idea in market.

Leading a Culture of Innovation

LDRLB

All companies, whether they are successful with innovation or not, have one thing in common: they have their own “personalities.” The most innovative companies pull the right levers to create a culture that leads to exploration, experimentation, and the innovations that positively surprise the market, create competitive differentiation, and drive growth. LEAPS Innovation Leadership Competencies. That’s the source of real innovation.

Leadership and Digital Transformation

N2Growth Blog

Start thinking about opportunities based on insights, customers, markets, and business models. Again, innovation requires deviation from the norm in all areas, but mostly in what you do and how you do it. The post Leadership and Digital Transformation appeared first on The Executive Hub. Digital Transformation Innovation Leadership Strategy Technology CEO CEO Coach Digital digital transformation leadership Mike Myatt N2growth

Content Marketing that Converts

Strategy Driven

Content marketing can help prospective buyers dispense suitable information 1. I get anywhere from 40-51% conversion with my content marketing. I offer links that tie in to my books /services: I've written about diversity, leadership, collaboration, questions. I have 3 blogs that often get onto best lists, such as top innovative content, top sales blog, top business blog. You just finished reading Content Marketing that Converts ! Content is king'.

10 Practices That Drive Innovation

LDRLB

Innovation means more than just new products or services. Perhaps my favorite definition of innovation is Scott Berkun’s : “Innovation is significant positive change.”. Recently, the Institute for Corporate Productivity published a study surveying some of the top companies and people in the fields of management and innovation. In summarizing their findings, here are 10 human capital practices that drive innovation: Use Technology to Collaborate and Share Knowledge.

Infinite Leadership: Lessons From Nature

Lead Change Blog

Public companies are measured by their 90 day success on the stock market. Contrast this with the abject failure of household brands such as Nokia, BlockBuster, and Kodak—all companies that failed to realise they were playing a long-term game, and so steadfastly resolved not to change and innovate as the environment and changing landscape shifted. The post Infinite Leadership: Lessons From Nature appeared first on Lead Change.

Leadership Biz Cafe Podcast #14 – Matthew E. May On How To Encourage Creativity & Innovation

Tanveer Naseer

In today’s increasingly competitive, global market, it’s understandable why so many leaders are trying to figure out how to foster innovation in their organizations. So how is it that some organizations seem to thrive on the cutting edge while others can barely get their innovative initiatives off the ground? That’s the focus of my discussion with one of the world’s top experts on innovation and creativity, Matthew E.

Making Sense of Speed, Agility and Innovation

Leading Blog

There’s agile marketing, introduced by thought leaders at CMG. Or, think about innovation. Everyone knows innovation is important. But again, if you can innovate successfully, is that enough? But if you could create a framework in which each of these activities were a vital component leading to a completely new way to compete, then you’d see a significant impact on your revenues, profits and market share.

Leading to Disruptive Innovation

LDRLB

Disruptive innovation is no longer the exception, it’s the rule. In the book, the Innovator’s DNA , Clayton Christensen and colleagues list five behaviors that characterize innovative leaders: associational thinking, questioning, observing, networking and experimenting. Christensen calls these attributes “discovery skills” which are all focused on the front-end of the innovation process related to identifying new opportunities. Innovation innovation kaplan Leadershi

How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

Innovation Capital. And one of the most overlooked reasons for entrepreneurial failure is innovation capital. That’s why I enjoyed talking with Jeff Dyer who, along with Nathan Furr and Curtis Lefrandt, wrote a new book, Innovation Capital: How to Compete and Win Like the World’s Innovative Leaders. He offers a unique perspective on innovation and winning in the marketplace. You are teaching what separates successful innovators from those who struggle.

How to Make the Innovation Work

Coaching Tip

Innovation occurs when boundaries, roadblocks and Naysayers are pushed to the side. A new book, ORBIT-SHIFTING INNOVATION , explores both the creative process behind innovation, as well as the execution. It offers cutting-edge insights into the scholarship of the business and management arena, brimming with case studies of orbit-shifting innovations from both the private and public sectors. Therefore, they are prepared to iterate and grow the idea in market.

Seek, Seed, and Scale Innovation

Coaching Tip

Leaders today responsible for revenue growth and competing effectively know that real innovation requires moving beyond known business models, towards customer insight-driven opportunities for value and growth that sustain businesses and brands. It establishes the change maker mindset --the leadership demanded to get from napkin sketch to market success. Radin: The Change Maker's Playbook: How to Seek, Seed and Scale Innovation in Any Company.

What’s Your Leadership AQ?

Lead Change Blog

I’m sure you’ve heard of the terms Emotional Quotient (EQ) and Intelligence Quotient (IQ); but few people have heard of Adaptability Quotient (AQ), especially as it relates to leadership. AQ is defined as “the ability to adjust course, product, service, and strategy in response to unanticipated changes in the market”— and indeed, the Harvard Business Review characterised it as “the new competitive advantage.” The post What’s Your Leadership AQ?