Invention versus Innovation
September 7th, 2007
An interesting article about the gap between ideas and execution, definitely a good read. From the article:
A new study supports this point by showing that in most companies executives are a lot more worried about innovation than invention, saying that they’re overwhelmed with ideas. It’s successfully executing and putting those ideas into practice in a way that makes money that’s so difficult. The study found only 17% of companies where execs were worried about not having the necessary ideas. Instead, most companies were greatly worried with taking those ideas and actually being able to bring them to market successfully.
Check it out…
Wholeheartedly agreed. It really is all about the execution.
There is little controversy from our various sources of inside perspective (“information – the jet fuel of innovation”) that all parts of our product line have great potential for market acceptance and objective appeal as transformative business intelligence enhancements that save money, improve cashflow, increase holistic information visibility, enable business decisions, and automate banalities.
It’s creating them getting them out the door that’s the problem.