Innovation Triangle

Dundon, Elaine
March 2005
Leadership Excellence;Mar2005, Vol. 22 Issue 3, p16
The article focuses on the need for innovative thinking. Many managers use the words creativity and innovation interchangeably. Innovation is more than creativity. Innovation includes four elements: creativity, strategy, implementation, and profitability. Many leaders refer only to certain teams or departments, such as R&D or marketing, when they refer to innovation. Innovation must become a core competency for all. Innovative thinking can be taught, nurtured, and improved. The Innovation Triangle model for building skills in innovative thinking includes the integration of three core skill areas: Creative thinking, Strategic thinking and Transformational thinking.


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