Leading innovation is about choices. The big choice to do innovation could almost be considered the easy one. Innovation is shown to make a meaningful impact on a bottom line, to a company’s return, to employee pocketbooks, and morale. Doing the new thing isn’t necessarily hard, it’s NOT doing other things that force you to make choices that are hard. 
When innovation is at stake when you have people clamoring, “We can’t work anymore! Our plates are full! Innovation is nice, but we have no time! We’re too busy!” It would be easy at that point to walk away and just put off the innovation-decision until later. Until the day when your employees come back and tell you, “What else can we do for you? We’ve finished all of our tasks early and we’d like to do more. We noticed that earnings aren’t what they once were so we’d like to give back a bit of our pay.” (And if you’re saying to yourself, that’s a long-shot – you’d be right.)
The responsibility you have as the leader isn’t about beating them down to do more. Many times they truly are over their head with work and can’t find a place to catch a breath.
Your job as the leader is to set priorities…and the biggest way to do that is to start saying no.
Saying no to projects that are ongoing that aren’t going to make the company any new money.
Saying no to projects that never seem to progress.
Saying no to customers that just want a cheaper price and nothing else.
Saying no to mediocre projects that aren’t making a big difference.
But if the “just say no” approach isn’t your style, then consider this blog from the Harvard Business Review by Tony Schwartz called “The Magic of Doing One Thing at a Time”.
You can read the article for yourself, but 2 suggestions I think are most relevant to innovators and innovation leaders – whose time and attention is constantly in demand:
1. Do the most important thing first in the morning, preferably without interruption, for 60 to 90 minutes, with a clear start and stop time. If possible, work in a private space during this period, or with sound-reducing earphones. Finally, resist every impulse to distraction, knowing that you have a designated stopping point. The more absorbed you can get, the more productive you’ll be. When you’re done, take at least a few minutes to renew.
2. Establish regular, scheduled times to think more long-term, creatively, or strategically. If you don’t, you’ll constantly succumb to the tyranny of the urgent. Also, find a different environment in which to do this activity — preferably one that’s relaxed and conducive to open-ended thinking.
So at the end of the day, or week, or year, or lifetime – don’t look up and realize you spent so much time on the hamster wheel you didn’t do anything meaningful. Stop doing the stuff that doesn’t get you where you need to go and start innovating.