From Great Leadership by
Dan McCarthy Click on http://bit.ly/1DYi2Gq
Not since the dawn of the Industrial Revolution has there been a greater need to learn the art of innovation leadership. In today’s hyper-accelerating, value-based economy the churn of “creative destruction” has become more intense than even Joseph Schumpeter could have imagined. 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.
As innovation moves from interesting to urgent on the corporate agenda, many leaders are recognizing that they feel much more comfortable with improving execution than with the creative challenge of industry revolution. Generating new ideas, recognizing those with breakthrough potential, and then mobilizing an organization to drive those ideas from the mind to the market – often in the face of substantial risk and uncertainty – is not something every CEO feels cut out to do. But as execution capabilities become commodities, and the life cycles of new offerings get increasingly shorter, it’s precisely these innovation skills that need to be learned. And who better to learn them from than the innovation leaders themselves?