A Quote by Gary Hamel
Most companies don't have the luxury of focusing exclusively on innovation. They have to innovate while stamping out zillions of widgets or processing billions of transactions.
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Clever derivatives broke dozens of companies. It killed them. Bankrupt. We don't need these kinds of innovation in finance. It's OK to be boring in finance. What we want is innovation in widgets.
There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
No organization ever created an innovation. People innovate, not companies.
The only companies that innovate are those who believe that innovation is vital for their future.
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.
Companies want to innovate. Companies that don't innovate wither on the vine. The connection between STEM fields (science, technology, engineering, and mathematics) and the financial stability of a nation is what needs to established.
For the first time, companies can be their own payment processors without the cumbersome or costly aspects of traditional financial settlement options. Tokens offer a much lower barrier for processing end-to-end transactions inside a given market.
What we figured out was that in order to get everyone in the world to have basic access to the Internet, that's a problem that's probably billions of dollars. Or maybe low tens of billions. With the right innovation, that's actually within the range of affordability.
There is this group of people who love innovation. Those people want to innovate, and they think the Internet is a wonderful tool for innovation, which is true. But you also have to remember that much of that innovation is constrained within the realities of the foreign policy.
We should all seek to innovate, or be curious about innovation. Innovation truly is one of our greatest gifts.
While I support granting drug companies patents to recover their investment and encourage innovation, companies that take advantage of this goodwill to build a monopoly must be stopped.
In the most innovative companies there is a significantly higher volume of thank yous than in companies of low innovation.
Tech companies like to set stretch goals, like we'll try to be the best company for women and minorities, and we have to ask, "What does that really mean?" By setting a goal like that, it makes all of us pay attention to that idea and try to innovate around it, to understand the underpinnings. One piece is being transparent, saying "Hey, we have an issue, we're open to innovation on it." It's important for innovation to prove that more diversity makes better products.
Most innovations fail. And companies that don’t innovate die.
I believe companies like ours are going to be as large as media companies and social networking companies that are valued in the tens of billions of dollars.
It's just the stupidest law possible... You're just making criminals out of people who aren't engaged in criminal activity. And we're spending zillions of dollars trying to fight a war we can't win! We could make zillions, just legalize it and tax it like we do liquor. It's stupid.
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