Ideas for your business? Check out the AI Idea Generator >

Connecting Dots 16 - INSEAD Reseach Topic

The animal spirit of innovation is always present though rarely addressed. Today’s reliance on process, resource models and leadership trait theory doesn’t explain the innovation gap where as little as 6% (McKinsey, 2019) of executives are happy with their firm’s innovation efforts. Corporate innovation is generally treated as a process or resource problem to control. Whereas the intangible risks to identity, reputation and self-actualization are only partially addressed, if at all, though strongly present through behaviours and felt emotions. In general, the emotions, feelings and behaviours of leaders that produce success for an organization are uncharted territories in the loci of leadership theory. Within the situational context of innovation journeys, how do the animal spirits of a leader’s internal emotions influence progress?