In the sense that people who produce things and work get rewarded, statistically. You don't get rewarded precisely for your effort, but in Russia you got rewarded for being alive, but not very well rewarded.
Innovation comes from long-term thinking and iterative execution.
Skunk works were emblematic of corporate structures that focused on execution and devalued innovation.
I think innovation as a discipline needs to go back and get rethought and revived. There are so many models to talk about innovation, there are so many typologies of innovation, and you have to find a good innovation metric that truly captures the innovation performance of a company.
You need to be honest and always see new opportunities coming. So I call it intuition, innovation, execution - these are my working principles.
My guess is the great majority of teachers would welcome a system where innovation is embraced, where their hard work and their students' achievement are applauded and rewarded.
What happens to our economy and all our wonderful innovation if people are not properly incentivized and rewarded?
If someone thinks of something, some new innovation that benefits us all, and the market works properly, they get richly rewarded for that, and that's just terrific, and that creates inequality.
Of one thing, however, I am certain. Just as an execution without adequate safeguards is unacceptable, so too is an execution when the condemned prisoner can prove that he is innocent. The execution of a person who can show that he is innocent comes perilously close to simple murder.
I always love that phrase, 'Oh, this is a good idea, but it's execution dependent.' As if anything in life is not execution dependent. Breathing is execution-dependent.
There's so much innovation going on, and there are lots of people funding that innovation, but there's very little innovation on that infrastructure for innovation itself, so we like to do that ourselves to help companies create more tech companies.
We've got to start also holding people accountable, and we've got to reward people who succeed. But somehow in Washington today - and I'm afraid on Wall Street - greed is rewarded, excess is rewarded, and corruption - or certainly failure to carry out our responsibility is rewarded.
Success doesn't necessarily come from breakthrough innovation but from flawless execution. A great strategy alone won't win a game or a battle; the win comes from basic blocking and tackling.
Success doesn’t necessarily come from breakthrough innovation but from flawless execution. A great strategy alone won’t win a game or a battle; the win comes from basic blocking and tackling.
Companies over-emphasize idea generation and under-emphasize idea execution when it comes to innovation.
Imitation is being rewarded. They're learning that if you fit right in the mold, you get rewarded. Music is no longer a form of expression - it's a means to a lifestyle.