Like most people, I am fascinated by the process of innovation. How does it start? Is it an individual effort, necessity, or the result of team-think? Does it take the charisma and unrelenting passion of a Steve Jobs, or can innovation be done in a less stressful environment? When I attended business school, the concept that small innovative companies become large non-innovative institutions (with rare exceptions) was dogma. That was more than 40 years ago, but it seems even more true today.
Anecdotally speaking, my first job was with a company with $200 million in annual sales, it invented nothing. I joined a company with $2 million in annual sales, it was an innovation machine. As a result, it quickly became a company with $500 million in sales. Then, it invented nothing.
To read the full, original article click on this link: Robert J. Sherwood - Writer.: The American innovation machine?
