Myths of Innovation

As I was reading an article from about the myths of innovation and then a truism (see the article here) something that popped out for me was the importance of risk. It especially hit me during the section on “fast followers.” While I completely agree with the assertions of the article regarding innovation and a number of the myths about it, the ability and willingness for leader to calculate risk and allow for mistakes is crucial to innovation.

I’ve worked a with a number of companies and this is something I see all the time from a number of leaders – a fear of being wrong, and it translates into a culture of followers.


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