MANAGING in the

NEW WORLD

Chief Innovation Officers are now everywhere, as all companies are embracing business innovation as a means of survival and not just growth. Instead of trying to manage innovation, these people must lead the innovators. This is because everyone has a different idea of innovation. It involves optimizing the resource use. Instead of innovation managers, one needs leader-preneurs who have a vision and understand the corporate strategy. The status quo needs to be honed or changed. Such leaders deliberately manage serendipity and chaos, while managers merely standardize. Instead of trying to control, leader-preneurs inspire. To get the results, trust needs to be built in. Innovation champions are identified from within the team, high goals set for them and execute at speed. They are information buffs. Teamwork and collaboration are key maxims to this. The team they build must embrace inclusion and diversity.

Source:https://www.innovationexcellence.com/blog/2018/10/12/lead-innovators-dont-manage-innovation/

Uploaded Date:09 November 2018

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