Speaker 1: Helping leaders motivate their people to a higher level of
Speaker 1: performance through strong human relations, team building, and goal achieving.
Speaker 1: This is the seven Minute Leadership Podcast with your host
Speaker 1: Paul Fellovledo.
Speaker 2: Hello everyone, and welcome to the seven Minute Leadership Podcast.
Speaker 2: It's episode two forty two. Today we're tackling a challenge
Speaker 2: that every top executive faces, how to drive innovation while
Speaker 2: keeping the business stable. Innovation is the key to staying
Speaker 2: competitive in any industry. Without it, companies get left behind.
Speaker 2: But if change is introduced too fast without the right structure,
Speaker 2: it can create chaos, leading to confusion, burnout, and resistance
Speaker 2: from employees. So how do you strike the right balance?
Speaker 2: How do you push for new ideas while maintaining stability.
Speaker 2: Hopefully I can answer those questions for you today. So
Speaker 2: why this balance matters? Many companies either resist innovation because
Speaker 2: they fear disruption or chase innovation recklessly, causing instability. The
Speaker 2: smart leader knows that innovation and stability aren't opposites. They
Speaker 2: must work together. A McKinsey study found that companies with
Speaker 2: structured innovation strategies outperform their competitors significantly, but only six
Speaker 2: percent of executives feel satisfied with their organization's innovation efforts.
Speaker 2: Why because too often innovation feels like chaos instead of
Speaker 2: a calculated move. So the goal is to drive innovation
Speaker 2: without disrupting stability. You have to create a culture of
Speaker 2: continuous improvement. Innovation doesn't always mean massive overhauls. Small incremental changes,
Speaker 2: when done consistently, can add up to massive improvements over time.
Speaker 2: Encourage employees to seek efficiencies in their daily work and
Speaker 2: reward ideas that improve processes, and then align innovation with
Speaker 2: core business goals. Not every new idea is a good idea.
Speaker 2: The best leaders ensure that any innovation aligns with the
Speaker 2: company's mission, values and long term goals, and ask does
Speaker 2: this change move us forward without breaking what already works?
Speaker 2: And then pilot before you roll out. Instead of making
Speaker 2: sweeping changes, test them in small, controlled environments. First, a
Speaker 2: pilot program allows you to measure impact, gather feedback, and
Speaker 2: tweak your approach before scaling company wide, and then communicate
Speaker 2: the why behind the change. People don't resist change, they
Speaker 2: resist uncertainty. If your team understands why a change is happening,
Speaker 2: how it benefits them, and how it will be implemented,
Speaker 2: they're far more likely to buy in. Strong communication is key.
Speaker 2: Wants risk with stability measures. Innovation requires taking risks, but
Speaker 2: not blind risks. Implement a system where calculated risks are encouraged,
Speaker 2: but safeguards are in place to prevent major disruptions. This
Speaker 2: might include setting innovation budgets, running controlled experiments, or keeping
Speaker 2: core business functions untouched while testing new approaches. And let
Speaker 2: me put it to you this way. A great leader
Speaker 2: understands that stability is not about maintaining the status quo,
Speaker 2: but about creating a strong foundation that supports growth. Innovation
Speaker 2: is not about chasing every new trend or making changes
Speaker 2: for the sake of change. It's about strategically evolving in
Speaker 2: a way that strengthens the organization. The key is intentional innovation,
Speaker 2: thoughtfully assessing where improvements can be made, aligning them with
Speaker 2: long term goals, and ensuring that change is manageable, sustainable,
Speaker 2: and beneficial. Because true progress happens when leadership strike the
Speaker 2: right balance between moving forward and maintaining operational consistency. Rapid,
Speaker 2: unchecked innovation can lead to chaos, confusion, and burnout, while
Speaker 2: stagnation can result in missed opportunities In declining relevance. Instead,
Speaker 2: the most effective leaders approach innovation with a clear plan,
Speaker 2: ensuring that every adjustment, whether it's a small efficiency tweak,
Speaker 2: the adoption of a new tool or a refined process,
Speaker 2: adds value without disrupting the core stability of the team.
Speaker 2: So your challenge this week identify one small, meaningful way
Speaker 2: you can introduce innovation within your organization without causing unnecessary disruption.
Speaker 2: Consider a new technology that could improve efficiency or communication,
Speaker 2: or a process improvement that eliminates redundancies or simplifies workflow,
Speaker 2: or a minor operational adjustment that enhances productivity or morale.
Speaker 2: The goal is not to make sweeping changes overnight, but
Speaker 2: to take a step towards progress with purpose. This has
Speaker 2: been the seven Minute Leadership Podcast, and I thank you
Speaker 2: for listening.
Speaker 1: For more Paul Fell of Alito Podcasts, visit paulfellowalito dot com.