Thomas Alva Edison was a failure. It has been said that he “went back to the drawing board” more than 6,000 times before finding the right plant to produce a carbonized filament for his incandescent light bulb.
Six thousand times. Do you have that kind of innovative stamina?
Continue reading “Experimentation + Risk (+ Failure) = Improved Environment for Innovation” »
Smart companies often pride themselves on training programs that introduce or enhance employees’ knowledge of corporate business practices. They promote mentoring initiatives that pair seasoned execs with rising talent. They create booklets or PDFs on corporate policy – and implore staff to read them.
Continue reading “Innovation: Training & Coaching, Business Overlooked Imperative” »
Well-considered risk taking is critical, not just for the success of individual companies but also to enable a properly functioning economy. Companies that are too cautious for too long sometimes discover that they’ve made a significant mistake. To avoid swinging between excessive caution and over-exuberance, set a disciplined target for your desired investment outcomes.
Continue reading “What Is Your Risk Appetite?” »
Thomas Alva Edison was a failure. It has been said that he “went back to the drawing board” more than 6,000 times before finding the right plant to produce a carbonized filament for his incandescent light bulb.
Six thousand times. Do you have that kind of innovative stamina?
Continue reading “Experimentation + Risk (+ Failure) = Improved Environment for Innovation” »
