A Quote by Edmund Phelps

I started to think about what drives innovation and what its social significance might be. The next step was to think innovators are taking a leap into the unknown. That led me to the thought that it is also a source of fun and employee engagement.
We were always told we were one step behind Deep Purple, one step behind Led Zeppelin, one step behind everybody. Our manager didn't want to let us know how popular we were. It's only after we did Ozzfest that people started telling me stuff. I thought they were taking the piss. People would come up to me and go, "Respect."
It's important for a guy to know and understand me before he can even think about taking things to the next step.
Ambition without knowledge is like a boat on dry land -movie - Karate kid"What is the calculus of innovation?" "The calculus of innovation is really quite simple: knowledge drives innovation, innovation drives productivity, productivity drives our economic growth."
Is there any indication we shouldn't be depressed - are you living on the same planet that I am? Do you ever think that depression might be the reasonable human response to the crap we're going through as a species, meant to propel us into the next evolutionary step, or at least into taking some different course of action so we might survive? Do you ever think that maybe it's the happy people that are really screwed up in the head?
In "Mother-Father-God," I talk about how the new thought movement led me to be superstitious. I think that might resonate with a lot of Americans, the superstition around optimism, like 'don't say anything negative' because you might jinx yourself with your thinking.
I never thought innovation as such was very important. Not when you have to think about it... If you're going to come up with a new direction or a really new way to do something, you'll do it by just playing your stuff and letting it ride. The real innovators did their innovating by just being themselves.
I think art is beautiful. It's decoration and adornment. But art is also a really important vessel for social change, and social change begins with thought. And so if you can find humor in something and take a moment to rethink it, you can take a step back and look at your values from a different angle. I think that's a really important way of carrying on with life. I think the best art for me is funny and the best comedy for me is art. Some of my favorite artists are comedians. Comedy is art, and art can be comedy, and the intersection is vital - at least for my own work.
I don't think I care about the hair as much as people think I do. It's just kind of there. It's not really a big deal to me. It actually drives me nuts. It's always in my face if I don't have a hat on. I might have to get rid of it.
The beauty industry is always led by innovation. When you think about over the past three or four years, some of the best innovation in our industry has come from Korea.
ROIers are always reaching out to me to share their appreciation for the experiences, opportunities and connections we have provided and also to express their excitement about taking the next step in their leadership journey.
We [My Chemical Romance] didn't push ourselves to that next level. I think we purposefully held ourselves back, feeling like maybe in order to advance, we need to regress. There was definitely a sense of fear within the band about taking that next step.
Usually when you're playing with other people in not such a reverberant room, you have to be quick on your feet and think about stuff really quickly. But inside the cistern, it was almost like I was at home on my computer arranging and taking time thinking about the next step, the next note. Instead, the room was my collaborator. I could hear the note and sit there and think. I could be arranging as I was going in real time, which was fascinating.
Innovators have to be open. They have to be able to imagine things that others cannot and be willing to challenge their own preconceptions. They also need to be conscientious. An innovator who has brilliant ideas but lacks the discipline and persistence to carry them out is merely a dreamer ... But crucially, innovators need to be disagreeable ... They are people willing to take social risks-to do things that others might disapprove of.
Well, I'd like to think I am, and I'd also like to think that we're all having a lot more fun getting older than we pretend. It was interesting to me when I first started working on this book that I'd mentioned that I was writing a memoir about aging and everybody would moan and groan and carry on.
On the golf course, playing cards, running to the casinos, betting on college and pro football, it keeps spilling over to the next step, the next step, the next step. I basically started giving people information that I was receiving in the locker room, injury reports.
To me, it’s always what’s next and I think that’s what drives most very successful people. It’s never about the money. I mean that’s a way of keeping score. It’s about achievement and it’s about winning a game and it’s about upping the ante.
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