Original Air Date: May 11, 2017
Innovation is the successful introduction of a new thing or method or a new way to look at an “old” thing. It involves acting on creative ideas to make a tangible difference in the domain in which innovation occurs. While creativity implies coming up with new ideas, innovation involves bringing these ideas to life.
Establishing a culture of innovation is not easy. It requires a process comprised of specific tools, resources, rules and discipline. It also requires the leader to be a fearless visionary committed to backing bold ideas.