How to Lead Innovation: 7 Tasks for Innovation-Focused Executives

Name: How to Lead Innovation: 7 Tasks for Innovation-Focused Executives (English version)
SKU: ROT299

Di Fiore, Alessandro;Farri, Elisa

Product #:ROT299

Supplier:Rotman School of Management

Discipline:General Management

Details:Case (PDF) • 5 pages • 2016-05-01

Subjects:

Leadership Innovation Organizational behavior Leadership and managing people Organizational culture Leadership and managing people Management

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Without realizing it, even well-managed companies versed in modern practices can generate an environment that is hostile to innovation. As a result, the authors argue that large companies need to have a distinct Innovation Unit, headed up by a senior executive who reports directly to the CEO. They provide a framework for designing the mission and scope for an in-house Innovation Unit, anchored by seven key tasks for the firm's innovation leader, including 'scanning for best practices' and 'designing shelter for innovations'.