INNOVATION & ENTREPRENEURSHIP
As the world moves through the Fourth Industrial Revolution, advancing through innovation is arguably the natural order of things. Innovation is perceived as the sweet spot where inspiration, ideation, and implementation meet. Innovation is the need of the day when the conventional solutions and processes are not sufficient to catch up with the emerging future. This observation applies to all realms of the society and the world in general, and particularly to technology as well as leadership, both of which stand tall on strong foundations of vision and strategy. Innovation may be in the process of delivering value to the stakeholders and thus is an integral part of leadership, which aims at promoting the best interests of all stakeholders. Entrepreneurship is characterised by an enterprising mindset that is always ready to take risks yet to act diligently even when all necessary resources to excel are unavailable. Innovation and Entrepreneurship thus go hand in hand, where an unclear future poses the risks that can only be tackled through an unswerving readiness to strategically implement a visionary approach. This Track in the International Leadership Summit underlines the significance of innovation and entrepreneurship in ensuring that leadership and technology keep up with the changing times and global scenarios.