Wise leaders know that the key to balancing innovation and execution skills in a team or company is knowing who has what skills and then figuring out how to combine those complementary strengths within a team to generate quality ideas that will produce a positive impact. What is the difference between a discovery-driven team and an execution-driven team? Also, explain the importance of understanding how to effectively manage these types of teams and how they generate innovation

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter23: Price-searcher Markets With Low Entry Barriers
Section: Chapter Questions
Problem 5CQ
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Wise leaders know that the key to balancing innovation and execution skills in a team or company is knowing who has what skills and then figuring out how to combine those complementary strengths within a team to generate quality ideas that will produce a positive impact. What is the difference between a discovery-driven team and an execution-driven team? Also, explain the importance of understanding how to effectively manage these types of teams and how they generate innovation.

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