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Saturday, July 27, 2013

What counts in corporation search for innovation?

Ateneo Professor on Entrepreneurship

I watched at CNN last night interviews with CEO on innovation and reliving the entrepreneurial spirit.  I thought it was about resources or talent/

But they do not count much anymore

It is about high speed of innovation - namely the ability to get concept into products/services quickly and at the least cost.  Inertia in the organization, the slow action kills innovation and make the company less competitive.  That is why the one man entrep venture, those who are quick and unbound by rules flourish.

Larry Farrel was right on the dollar on this:  high speed iis the key to entrepreneurship and innovation

What is your take

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