• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • HOME
  • ABOUT

The Fortunate Investor

Investing, Business, Saving, Debt, Money, Retirement

  • Business
  • Invest Your Money
  • Save Money
  • Get Out of Debt
  • Make Money
  • Family & Money
  • Taxes
  • Retirement
    • Retirement Calculator
You are here: Home / Business / How To Be an Innovative Leader

How To Be an Innovative Leader

September 29, 2021 By The Saving Gal | This article may contain affiliate links. For more information visit our Disclosure

How To Be an Innovative LeaderBeing an innovative leader is difficult. The world is changing rapidly, and it’s hard to stay ahead of the curve. But there are some key qualities that can help you be a successful innovator–here are the ones that have been found to be the most important.

Table of Contents

  • #1 Creative thinker
  • #2 Risk-taker
  • #3 Confidence
  • #4 Emotionally stable

#1 Creative thinker

The first quality of an innovative leader is a creative thinker. You have to be able to think outside the box and come up with fresh ideas that will set you apart from your competitors.

You need to be someone who can see problems as opportunities, not just challenges. Being critical also helps–you’ve got to know what’s working for your business right now, so you don’t lose sight of it in pursuit of new things or different ideas. And finally, networking with people inside and outside your industry gives you access to information most others aren’t privy too which can help open doors where they might otherwise remain shut.

#2 Risk-taker

Innovation means taking risks–that’s just part of the process. You can’t be afraid to fail, and you need a certain degree of courage if you’re going to lead your team through new territory.

The best leaders know how to manage risk, though. They weigh out different courses of action before they decide on which one is most likely to succeed and then go with it. It might not always work out perfectly, but this kind of calculated risk-taking is what leads organizations down untrodden paths for success.

#3 Confidence

It’s impossible to be an innovative leader like Geoff Hirson without confidence. You have to believe in yourself and your team–without that, you’re not going anywhere fast. It takes a lot of self-assurance to stand up for something when it’s different from the norm or when other people are telling you it won’t work out. But believing in what you can accomplish is half the battle if you want to innovate successfully.

Those are some qualities every innovator needs! Do any come naturally? If not, don’t worry–you may just need more practice before they become second nature! For example, try brainstorming new ideas on how your company could do things differently next time there’s downtime at work instead of scrolling through Facebook on your phone.

#4 Emotionally stable

Innovation requires having a lot of ideas–and you’re not going to come up with them if you can’t take criticism. So it would be best if you were emotionally stable when in charge because you can weather the tough times and make it through without losing your cool or giving up when things get tough. Emotional stability goes hand-in-hand with self-assurance, too–if you know your own capabilities and what motivates you, then no one else’s opinions will shake that foundation.

You’ll also have better decision-making skills when emotions aren’t clouding your thinking process so much! In fact, studies show that people who are depressed tend to be overly critical of themselves, which isn’t helpful for coming up with new ideas at all. When you’re emotionally stable, decision-making is easier and better for your business in the long run.

With the right attitude and just a little practice, you can start implementing these qualities into your workday. 

You don’t have to reinvent the wheel – take what’s worked for other companies in different industries and apply it to yours! Innovation doesn’t happen overnight, but if you keep at it, soon enough, leading like an innovator will be second nature.

Primary Sidebar

Popular Articles

How to Stay Strategic When Times Get Tough in Business

Every business faces challenges. Whether it's a dip in the market, rising costs, or unexpected … Read More about How to Stay Strategic When Times Get Tough in Business

How to Open a Franchise Restaurant in 10 Easy Steps

Digital Management Solutions for Scalable Franchise Success

Scaling a franchise is no small feat. Maintaining consistency, clear communication, and operational … Read More about Digital Management Solutions for Scalable Franchise Success

How to Financially Prepare When a Loved One Needs Bail

How to Financially Prepare When a Loved One Needs Bail

No one talks about how financially draining it can be to help someone you love get out of jail. It’s … Read More about How to Financially Prepare When a Loved One Needs Bail

What To Think About When Starting A Law Firm

What To Think About When Starting A Law Firm

Getting your law degree is a big accomplishment. What’s even more ambitious and rewarding is wanting … Read More about What To Think About When Starting A Law Firm

Mastering Work-Life Balance in a High-Speed Office World

Mastering Work-Life Balance in a High-Speed Office World

Work Life Balance Overview In today’s fast-paced world, achieving a balance between work and … Read More about Mastering Work-Life Balance in a High-Speed Office World

Footer

TOPICS

SAVE MONEY
INVEST MONEY
REDUCE DEBT
MAKE MONEY
FAMILY & MONEY
TAXES
START A BUSINESS
RETIREMENT

THE FORTUNATE INVESTOR

ABOUT US
ADVERTISE
CONTACT US

The Fortunate Investor focuses on personal finance topics to build wealth. Topics include saving money, investing, managing debt, family and money, taxes, making money, college planning, starting a business, coupons and retirement.

SOCIAL MEDIA

FACEBOOK
TWITTER
PINTEREST
YOUTUBE

Copyright © 2025 Fortunate Investor. All Rights Reserved. | Disclaimer & Disclosure | Privacy Policy | Terms of Service