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What is Innovation? The term Innovation may
mean something different, from organization to organization, sometimes even within the same company. The
classic definition of Innovation usually focuses on the introduction of something new, for example a new Idea, Method,
or Product. Are you an Innovation Leader?
Innovation has nothing to do with how
many R&D dollars you have…It's not about money. It's about the people you have, how you're led, and
how much you get it - Steve Jobs
If all companies must come up with new
ideas and introduce new products at some point to remain competitive, why are some more effective than others at doing so?
The answer may not lie with the capability or previous experience of the staff involved, the key differentiator
is embedded in the culture and climate of the company itself, as articulated and driven by the CEO as an Innovation
Leader. It is a companies true capacity for nurturing creativity
and leading innovation that sets them apart from others. These companies, and their CEOs are the true leaders at
the convergance of strategy, policy and innovation.
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