How Can Leaders Balance Innovation with Core Business Operations?
Balancing innovation with core business operations is a common challenge for business leaders. One strategy is to create separate teams or units dedicated to exploring disruptive innovations, allowing the core business to continue focusing on its primary objectives. This approach, known as ambidextrous leadership, enables organizations to innovate without compromising their existing operations. Additionally, leaders should regularly revisit and align their strategic priorities to ensure both areas receive adequate attention and resources.