9 ways leaders can accelerate innovation

Innovation is crucial for success in a fast-moving world where competition is fierce. Leaders can accelerate innovation by articulating a compelling reason for the need of faster innovation and role-modeling this behavior themselves. Setting metrics, using a quicker process for smaller projects, generating new ideas more efficiently, working with smaller, diverse teams, making evaluation criteria explicit, speeding up the approval process, and doing an initial business case early can all help to accelerate the innovation process.