By James A. Rice and Frankie Perry, LFACHE

Leadership innovation has become a core driver of growth, perfor-mance, and value (Barsh, Capozzi, and Davidson 2008). As the importance of innovation grows, conventional wisdom needs to be replaced with “innovational wisdom,” that is, applied knowl-edge that is continuously reviewed, refined, and renewed to drive the behavior of the leadership team and its organizational units.

Leaders who make a positive difference in the operations and culture of high-performing organizations exhibit innovation lead-ership in part by rarely procrastinating and frequently challenging the status quo. These traits demonstrate innovational wisdom and allow organizations to be nimble competitors by attracting patient, payer, and donor support.

This chapter reveals innovation strategies to improve services and performance. It also provides guidance on how to frame ques-tions and address challenges through a fresh perspective, especially for leaders from clinical backgrounds, such as physicians, nurses, and allied health professionals.

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