Source | www.ccl.org
Leading innovation is different because innovation is unpredictable. Traditional leadership behaviors were developed largely to produce excellence in the relatively predictable context of operations.
An organization can frequently look at its own history, industry case studies, competitor behavior, and benchmarking data to understand existing operations. But our research on innovation reveals that leading it is markedly different, in large part because those operational guardrails simply don’t exist.
In prior research on the differences between organizations that innovate successfully and those that don’t, we outlined 5 key organizational differences. They are:
- Leaders who support innovation.
- A culture that supports innovation.
- Having a formal innovation strategy.
- A budget allocated for innovation.
- A clear direction for their innovation efforts.