Innovation and leadership are interconnected in several ways. Leaders set the vision and create a safe space for employees to take risks. They inspire and motivate their teams, provide resources, and remove barriers to innovation. Innovative leaders possess visionary thinking, open-mindedness, risk tolerance, empowerment, and adaptability. To foster a culture of creativity, leaders should lead by example, encourage diverse teams, provide training and development, reward and recognize innovation, and promote cross-functional collaboration.