From the course: Leadership Skills for The Future

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Enhancing innovation

Enhancing innovation

From the course: Leadership Skills for The Future

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Enhancing innovation

- Did you know that high-performing organizations are five times more likely to build a culture of innovation? Innovation and creativity are at the heart of organizations that thrive in increasingly competitive markets. They're actually two different things and creativity comes first. Creativity is coming up with an idea while innovation is capitalizing on an idea. Creativity is unleashing the potential of the mind to conceive something new. And innovation is the work required to make an idea viable. You get to creativity through those aha moments or flashes of insight. And you enable innovation through a process, like design thinking. Another way to think of it is that creativity is spending money to generate ideas whereas innovation is spending ideas to generate money. Here's some information to help you create a climate that supports both creativity and innovation. The human brain is designed for those aha…

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