Leadership

Continuous innovation in a large successful company is uniquely difficult because at the heart of innovation lies the paradox of destruction. Leaders who foster a culture of innovation have 3 key attributes :- 1) The first attribute is the willingness to destroy what exists. It is important to show some insensitivity to your past in order to show proper respect for the future. 2) The second attribute of great leaders of innovation is a powerful sense of purpose. Corporate renewal through innovation is a long cycle process. It cannot flourish in a 'Flavour of the Month' environment. Consistency of direction and purpose is important. 3) The third attribute of great leaders of innovation is personal involvement in sustaining a stretching but supportive innovation culture. High performance innovation companies continuously enhance their gene pool. They suck in ideas and reach out for help wherever they can. 'Not invented here' is the enemy of innovation. Only the ignorant believe they have the right answer. The best companies look outside for help - at customers, suppliers and specialist 'Hot Shop' start ups.