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Most Recent Business Quotations

Psychological safety has received significant attention in recent years. Harvard Business School professor Amy C. Edmondson, credited with coining the term, has defined it in these pages as “the belief that the environment is safe for interpersonal risk taking. People feel able to speak up when needed — with relevant ideas, questions, or concerns — without being shut down in a gratuitous way.” But I’ve found … [ Read more ]
— Josh Levs, Amy C. Edmondson

Authors: Amy Edmondson, Josh Levs | Source: strategy+business | Subjects: Human Resources, Management, Organizational Behavior

Efficiency is great if you can plan for the long-term. If you know what you’re going to do for a long period of time, you can really get into the nuts and bolts of how to do it efficiently. But because efficiency, by design, locks in roles, processes and practices, it also makes it much harder to change.
— Adam Pisoni

Author: Adam Pisoni | Source: First Round Review | Subjects: Management, Organizational Behavior

A company needs to be really clear on why they’re acquiring something. If it’s an acqui-hire, then it’s the talent. If it’s a business-model acquisition, it’s the business, the technology, and the IP [intellectual property]. There are lots of different reasons. So first, be super clear on why you’re acquiring something. And then, I always like to say, there’s pitchers and catchers. The pitcher is … [ Read more ]
— Erik Roth

Author: Erik Roth | Source: McKinsey Quarterly | Subject: Mergers & Acquisitions

We’ve done a lot of research around what really makes for a high-performance innovation team. What we’ve found is that, if you go to Silicon Valley or Berlin or Singapore or Israel and look for the entrepreneurs—individual founders—they overweight slightly on the vision and the collaborations and underweight slightly on the execution and learning. But again, it depends on the individual. But in a corporate environment, … [ Read more ]
— Erik Roth

Author: Erik Roth | Source: McKinsey Quarterly | Subjects: Innovation, Organizational Behavior

One of the questions we often get asked is, “How do I get the best innovation talent into my organization?” It’s an interesting question because of course we all want to find the most talented individuals and the most high-performing individuals to drive some of our most important endeavors. But as we look at innovation, what we’re finding is there just aren’t that many people who … [ Read more ]
— Erik Roth

Author: Erik Roth | Source: McKinsey Quarterly | Subject: Innovation

Most Popular Business Quotations

In principle, patents open up innovations in two ways. First, they confer only temporary rights; once patents expire or are abandoned, the intellectual property they are designed to protect passes into the public domain. Second, they require the details of the invention to be disclosed so they can be replicated. This permits follow-on innovation, which is essential for industrial progress. More recently, as the patent system … [ Read more ]
— The Economist

As for the genius of innovation, clearly the one percent spark of inspiration is nurtured by a positive culture. But the 99 percent perspiration ingredient comes from employees who love what they do, as well as where they do it, and who invest in that Holy Grail of productivity called “discretionary … [ Read more ]
— Stephanie Quappe, David Samso Aparici, Jon Warshawsky

Money never comes first in self-expression of any kind.
— William J. Reilly

It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who errs, and comes short again and again, because there is no … [ Read more ]
— Theodore Roosevelt

The uncomfortable fact for many green marketers--and targets of that marketing--is that genuinely going green would mean giving up most of the products and services that clutter our consumer culture. It would mean simplifying, valuing time and people over stuff. How can most products avoid the sin of the hidden trade-off? With a simple label: "You don't really need this."
— David Roberts