According to a survey’s release from The Conference board, we pinned down the two most critical challenges for today’s CEOs:
[mk_title_box color= »#393836″ size= »18″ line_height= »34″ font_weight= »inherit » margin_top= »0″ margin_bottom= »18″ font_family= »none » align= »center »]Human capital & Innovation[/mk_title_box]
These two challenges are totally correlated as innovation depends on the quality of leadership in the organization. It is also true for the other way around. All over the world, innovation is actually in the top 5 businesses issues. Another study, on Feedback datas between leaders and colleagues, showed that being innovative is a must-have within a company. It was ranked in the middle, out of 16 competencies. Although executives placed it lower than it was supposed to: 13 out of 16. In this case, we can see how opinions can differ from one another…
What do the most innovative leaders do that boost innovation?
By parsing out successful leaders of innovation, we were able to determine 9 behaviors that drive innovation. What are the secret ingredients ?
Gather the team to create a vision and entice them to be at the top of the game.
It is a relationship between a trustor and a trustee. The trustor takes risks and the trustee is to be trustworthy. Leaders must be taught both how to trust and how to be trusted.
Highly innovative leaders are known to be fearless and very ambitious. They will be ready to challenge the statut quo and find the balance between what is right and what is legally accepted.
It means the ability of « learning fast and learning deep ». It’s called deep expertise or learning agility. You continuously expand your knowledge about your environment and your company.
5. High goals
To set the bar highly is a common practice in innovative organizations. Teams have the opportunity to strive toward achieving what they believe in.
Leaders must keep in mind to keep up the pressure. They believe things can be delivered sooner than later. Speed of execution is actually a huge factor for innovation.
Keep everyone on the same page with seamless information sharing and transparency. Teams excel at catching and pitching information.
It is never about what we do as individual. It is always about what we co-create together. Teamwork and collaboration have never been more important than right now.
9. Diversity and inclusion
What create the most innovative product or ideas is the profile divergence. The creative process feeds on this melting pot of views and experiences.
Colleagues and leaders, as a team effort, make a real difference by creating an innovative culture within the company. These insights just showed how a team culture can significantly spawn an innovation burst.
Learn more about « What makes a great innovative leader ?«
Did you know that Mushin can help you with half of these must-haves ? Success does not wait, you have to be the one to earn it. So here it is, your key to be at the top,
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