5 skills innovative leaders have in common

Innovation is critical in a knowledge economy — driving growth, new products, and new strategies for delivering value to customers. The vast majority of the business gatherings I go to always have the agenda and content particularly engaged around leading "innovation" and opening the best ideas to move forward.

What makes a leader innovative?

Risk

Innovation is synonymous with creativity. What's more, free-flowing creativity includes a lot of risk. An innovative leader has high risk tolerance, and has the uncanny knack to consider all possible projections to make all around calculated bets that regularly pay off.

They Listen

Keeping in mind the end goal to connect the specks, and with a specific end goal to have the capacity to absorb and integrate information from such a variety of shifted sources, listening is a skill that you essentially can't simply be OK at if you need to be innovative. Poor listeners form a hasty opinion; you can't do that if you want to completely comprehend things, choose connections etc.

They provoke minds

Innovative leaders boldly engage the uncomfortable, name the inflexible, address the impossible, and chase the insoluble. In this procedure, they lead people out of fear into faith, from apprehension to commitment, and from uncertainty toward a vision.

Speed

These leaders consider time to be the only currency and speed as their skill. After all, entrepreneurship is all about being penny-wise.

Action

For innovation to exist you have to feel inspired. Inspiration comes from a sense of purpose and only if you find meaning in your work.