Innovation

Leadership Creativity

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In: Leadership

With all of the current pressure of business leaders you could be forgiven for saying right now leadership creativity is not a priority. However as this article explains creativity is the basis of innovation. Creativity finds opportunity. Creativity enables businesses to pivot. “One doesn’t manage creativity. One manages for creativity“ Amabile and Khaire (HBR 2008) Creativity is The Most Important Leadership Quality Creative leaders see the opportunities that others don’t. Boards and executive teams recognise the need for leadership creativity to accelerate and generate innovation. But more than that creativity can drive: Problem solving Achieving growth Driving transformation Building team culture Effective mentoring of teams Identifying unique and unlikely business opportunities In 2010 IBM surveyed 1500 global company executives to understand what drives them as they lead. Creativity was ranked highest outweighing integrity, dedication and global thinking. Building Your Leadership Creativity You can change. All leaders have the potential for creativity butContinue Reading

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In: Innovation, Open Innovation

Innovation is built using well proven methodologies, however it requires more than an effective process to motivate and inspire the imagination of an innovation team. The right leadership is central to any innovation teams success and if not managed carefully leader and team identity blocks innovation. People and particularly leadership are a very important part of a successful innovation culture and the most effective innovators need to master cultural change. A recent Harvard Business Review case study illustrates this point, Pixel a division of Deloitte Consulting provide teams of on demand talent to support client engagements. Pixel enables their clients with resources who have critical and in demand skills such as AI, Machine Learning and Data Analytics. So it is a business that is providing access to hard to find expertise and collaborating on innovation and new product development. However despite the successful completion of many projects there is still significantContinue Reading

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In: Innovation

Immigrants innovate at a higher rate than US citizens, as a study in 2016 identified that more than half the successful start ups in the US (worth more than $1 billion) were founded by immigrants. Another study in 2019 from George Mason University said that firms owned by immigrants had uniformly higher rates of innovation. “It appears that immigrant entrepreneurs are not replacing Americans, instead, they are creating something new.” Professor John S. Earle, George Mason University 2019 Many immigrants flock to the US and Silicon Valley because of the size of market opportunities and the access to venture capital funding, but the journey to founding US based start ups is not without difficulty. Om Malik (writer and venture capitalist) said he agreed that immigrants do innovate at a higher rate and that he saw “Silicon Valley as a microcosm for the impact immigrants had throughout the U.S., bringing newContinue Reading