We now turn to a key question for all managers or team leaders: Do you have what it takes to create an innovative team? Most managers spend little time thinking about this question because they’re too busy playing to their strengths and focusing full attention on execution: delivering results through the current strategy, business model, processes, and product mix. In the short run, this may work, but in the long run, it will not differentiate you or your company. An organization’s most valued leaders are those who lead innovative teams—teams that generate and implement valuable new product, process, and strategy ideas.

So what are the characteristics of leaders—and teams—who excel at innovating? Research by Jeff Dyer, ...

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