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Innovation and leadership Executives fail to foster innovation

Innovation and leadership Executives fail to foster innovation Purpose – This paper aims to ask why executives fail to foster innovation. Design/methodology/approach – Provides a useful discussion on why executives fail to foster innovation. Findings – Despite innovation becoming a major focus, most companies are still failing to create the right environment for an innovate business; and according to a number of recent studies one of the biggest factors in this failure is the senior management themselves. It appears that irrespective of all the talk this issue is just not getting the attention from senior executives that it needs. Although, there are some best practice companies around who have managed to successfully embed innovation into their business and a study of these has highlighted 15 key principles of innovation management. Originality/value – Provides 15 key principles of innovation management. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Strategic Direction Emerald Publishing

Innovation and leadership Executives fail to foster innovation

Strategic Direction , Volume 24 (5): 3 – Apr 18, 2008

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Publisher
Emerald Publishing
Copyright
Copyright © 2008 Emerald Group Publishing Limited. All rights reserved.
ISSN
0258-0543
DOI
10.1108/02580540810867952
Publisher site
See Article on Publisher Site

Abstract

Purpose – This paper aims to ask why executives fail to foster innovation. Design/methodology/approach – Provides a useful discussion on why executives fail to foster innovation. Findings – Despite innovation becoming a major focus, most companies are still failing to create the right environment for an innovate business; and according to a number of recent studies one of the biggest factors in this failure is the senior management themselves. It appears that irrespective of all the talk this issue is just not getting the attention from senior executives that it needs. Although, there are some best practice companies around who have managed to successfully embed innovation into their business and a study of these has highlighted 15 key principles of innovation management. Originality/value – Provides 15 key principles of innovation management.

Journal

Strategic DirectionEmerald Publishing

Published: Apr 18, 2008

Keywords: Innovation; Leadership; Management styles; Culture

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