Leadership Strategies for Accelerating Growth
Episode Description
How did IBM, General Electric and other companies become growth leaders? Why is it that some companies lag behind -- and stay behind? Those are the questions that Wharton marketing professor George S. Day asks and answers in his book, Innovation Prowess: A Leadership Strategy to Accelerate Growth. Recently, Day spoke with David Heckman, practice leader, senior management at the Wharton School's Aresty Institute of Executive Education, about why innovation prowess is the key to growth leadership. 📂 Innovation
Brief Summary
Professor George Day discusses his book on leadership strategies for innovation and growth, highlighting key concepts and challenges faced by executives.
Key points
- Understanding Innovation Prowess. George discusses his new book on leadership strategies for growth.
- The Importance of Growth Discipline. George explains the two parts of innovation prowess: discipline and ability.
- The Confidence Gap in Leadership. A study reveals that only 29% of executives are confident in achieving growth.
- The Spectrum of Innovation. George outlines the difference between small eye and big eye innovations.
- Innovation Pathways Explained. George introduces 14 pathways for organizations to drive innovation.
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Episode highlights
- Understanding Innovation ProwessGeorge discusses his new book on leadership strategies for growth.“I'm very very excited about sharing my thinking.”0:28Jul 1, 2013
- The Importance of Growth DisciplineGeorge explains the two parts of innovation prowess: discipline and ability.“You have discipline plus ability, and that’s what I mean by prowess.”3:20Jul 1, 2013
- The Confidence Gap in LeadershipA study reveals that only 29% of executives are confident in achieving growth.“What about the other 70% who are only somewhat or not at all confident?”4:14Jul 1, 2013
- The Spectrum of InnovationGeorge outlines the difference between small eye and big eye innovations.“85 to 90% failure rates in the big eye end of the spectrum.”6:09Jul 1, 2013
- Innovation Pathways ExplainedGeorge introduces 14 pathways for organizations to drive innovation.“The notion of full spectrum innovation has 14 growth pathways in it.”16:16Jul 1, 2013
Tension
45/ 100Some tension
