Transformational Leadership With Billy Martin

Capturing & Creating Innovation

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Synopsis

Check out this week's podcast show on Capturing & Creating Innovation   How much of innovation is inspiration, and how much is hard work? If it's mainly the former, then management's role is limited: Hire the right people, and get out of their way. If it's largely the latter, management must play a more vigorous role: Establish the right roles and processes, set clear goals and relevant measures, and review progress at every step. Innovation is real work, and it can and should be managed like any other corporate function. But that doesn't mean it's the same as other business activities. As Peter Drucker so eloquently states, innovation is the work of knowing rather than doing. How is innovation created: Knowledge Innovation - knowledge innovations such as the computer, the automobile, an many other examples like this. Knowledge based innovations are vital to the ever changing economy. However, more than likely you many never have interact with a knowledge based innovation unless you're an i