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2 minute read

November 9, 2020

How Leaders Can Foster Innovation in Times of Crisis

The leaders that emerge in today’s crisis will help innovate to solve the problems of tomorrow.

How Leaders Can Foster Innovation in Times of Crisis

In times of uncertainty and turmoil, leadership matters even more because the leader sets the tone for how an organisation responds. Businesses need to be guided with a steady and reassuring hand, and yet pivot and be agile when the situation demands it.

Grit, persistence and collectiveness are some of the traits of an innovative culture, and they are needed to face some of our biggest problems. Here are a few ways leaders can step up and help to foster an innovative culture when it’s needed most.

Learnability is a must

Learning quickly is more important than ever in times of massive change. Leaders need to have not only high IQ and EQ, but they also need a high LQ — Learnability Quotient. Leaders need to be role models by seeking out different experiences and unusual perspectives to foster a culture of learning.

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Experimentation and communication

Leaders must also have an understanding of the technical skills required to transform their business in times of change effectively. They should surround themselves with experts and stay informed of the latest trends, challenges and opportunities facing their organisation and how to communicate those needs quickly to the workforce.

Ability to adapt to the next crisis

Change is dynamic, so agility and continuous adaptation are essential. Feedback is important in informing what steps leaders should take. Leaders need to innovate, experiment and learn fast to support their teams to do the same.

This article is contributed by Manpower Singapore.

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