You can hire good people. You can ask for big ideas. But if you don’t create an environment where good people can nurture and grow their big ideas, you might as well kiss your competitive advantage goodbye.
Content: Article
Authors: J Pegues, Laurence Holt
Source: Chief Executive
Subjects: Innovation, Management
Authors: J Pegues, Laurence Holt
Source: Chief Executive
Subjects: Innovation, Management
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“In a very real sense, however, our own devices trap us. We’ve built our company on scale and efficiency, but startups and change are rife with inefficiency and chaos. Further, our substantial resources, which ostensibly should work to our advantage, are oftentimes obstacles we have to overcome, and breaking them down inside my company is impractical. I need a palatable alternative to disrupting our efficient operations in order to test and launch new ventures. Ultimately, I need a separate venue for innovation.”