Saturday, March 19, 2016

The Monthly Digital Leadership Brief March. 2016: Innovative Leadership

INNOVATIVE LEADERSHIP is the shining GEM of the “Future of CIO” blog.

From one generation to the next, the substance of leadership does not change, it’s about future, change, direction and influence, innovation and improvement. However, the leadership trends will continue to emerge. Here is a set of featured blogs to ponder the characteristics of innovative leadership.

What are the main characteristics of an Innovation Leader? With the increasing speed of change and continuous digital disruption, innovation in organizations is no longer "nice to have," but "must have" strategy and practice, because of the inevitability of competition, and uncertainty of business dynamic. There are many levels of innovation from incremental & iterative to evolutionary to breakthrough. If the cost of your product has to reduce to sustain in the market, then efficiency innovation is a must. If your current market has been disrupted by the new technology or other “brute forces,” then breakthrough innovation is needed to turn around the situation. Innovation is the top challenge for today’s leaders. Is this something you either have in your company, or you don’t? Leadership is one of the critical success factors for innovation. But who are the innovative leaders, and what are the main characteristics of a leader who "encourages innovation"?

Does Creative Leader Make you Nervous? Many executives in large corporate environments equate "creativity" with uncertainty and risk. Creative ideas are often hard to sell, particularly in public companies because the payoff is uncertain. Unless there is a clear culture of accepting some level of failure and budgeting for it on a regular basis, many fail to take the risk of encouraging creativity, therefore, the creative leaders also make others nervous, because they are the out-of-box thinkers and take more transformational initiatives.

Three Elements in Innovative Leadership? Leadership is a key success factor for any organization's success. Due to the characteristics of "VUCA"-Velocity, Uncertainty, Complexity, and Ambiguity of digital age, innovation is no long a “nice to have,” but “must have” business capability to keep growth momentum and adapt to changes. And the leadership in any organization must have the ability to guide, inspire, innovate, and motivate a group of people toward accomplishing shared visions and goals. What are important elements in innovative leadership though?

Nine Aspects in Creative Leadership Creative leadership is the ability to inspire, to create, and to maintain the social and psychological conditions and the environment in which everyone is able to: (a) reach his or her highest potential; and, (b) contribute "leadership" in areas of his or her unique competencies.

Top Qualities & Skills of Innovation Leaders? There are many common leadership qualities or skills shared between an innovative leader and any good leader or any creative team member. However, being innovative leaders take more courage, creativity, courage, collaboration, and concentration.

The blog is a dynamic book flowing with your thought; growing through your dedication; sharing your knowledge; conveying your wisdom, and making influence through touching the hearts and connecting the minds across the globe. The “Future of CIO” Blog has reached 1.3 million page views with about #2300 blog posting. Among 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. Blogging is not about writing, but about thinking and innovating the new ideas; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes the time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify diverse voices and deepen digital footprints, and it's the way to harness your innovative spirit.


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