8

What Leaders Must Do

Making a Difference

Key Topics Covered in This Chapter

  • Developing a culture that nurtures creativity and innovation
  • Establishing the strategic direction within which innovation should take place
  • Being involved with innovation
  • Being open but skeptical
  • Improving the idea-to-commercialization process
  • Applying portfolio thinking
  • Putting the right people in charge
  • Creating an ambidextrous organization

JUST ABOUT EVERYTHING that gets done in a sizable company with respect to idea generation and development is accomplished by middle-level managers and people below them on the organizational chart. But the senior leadership also has a role to play—in shaping the culture, giving direction, allocating resources, and creating balance ...

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