A Quote by Jean Case
Have you ever seen innovation where someone didn’t take a risk?
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A world without God cannot wait for us to choose the safe path. If we wait for someone else to take the risk, we risk that no one will ever act and that nothing will ever be accomplished.
Well, the studios don't really want to take those risks right off the bat. They'll take the risk after they've seen the finished product and say oh yeah we want that. This is a great film but they are hesitant to take the risk when you just see it on paper.
An essential element of any art is risk. If you don't take a risk then how are you going to make something really beautiful, that hasn't been seen before?
Innovation implies high risk, and with high risk comes failure, so you've got to be prepared for that, but if you don't risk, then your business goes stale very quickly.
The easiest thing is to create something no one has ever seen before. There's a reason no one's ever seen it - because someone tried it, and it didn't work in the real world.
You just have to change. To be successful, what you have to do is have an acceptance of risk and you have to be pretty explicit about that, because if you don’t accept risk, you don’t get any innovation. And that means part of risk is you have to accept failure because not everything works.
The important thing to remember, if you are trying something that is an innovation, is not to think too much about it. Because if you take too long, by the time you get there, the world will have changed. You take a risk, and if it doesn't work, you make a change. We are not betting our lives on it.
Often you need to take some risk, but it must be a realistic risk, you can't take a crazy risk.
Trust is consistently seen as a make or break component of innovation - particularly because the freedom to fail is an important part of innovation.
But failure has to be an option in art and in exploration - because it's a leap of faith. And no important endeavor that required innovation was done without risk. You have to be willing to take those risks.
Basically if you study entrepreneurs, there is a misnomer: People think that entrepreneurs take risk, and they get rewarded because they take risk. In reality entrepreneurs do everything they can to minimize risk. They are not interested in taking risk. They want free lunches and they go after free lunches.
[What if my advisor talks only about returns, not risk?] ... It's his job to take risk into account by telling you the range of possible outcomes you face. If he won't, go get a new planner, someone who will get real.
That he'll never let you down. That boy's got a heart the size of Kentucky, and he loves you. That's important. Take it from someone who knows. My mom used to tell me that whatever you do, marry someone who loves you more than you love him. And I listened to her. Why do you think Henry and I get along so well? I'm not saying that I don't love him, because I do. But if I ever left Henry or something, God forbid, ever happened to me, I don't think he'll be able to go on. And that guy would risk his life for mine in a heartbeat.
Have you ever seen a one trick pony in the field so happy and free? If you've ever seen a one trick pony then you've seen me Have you ever seen a one-legged dog making his way down the street? If you've ever seen a one-legged dog then you've seen me.
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.
Local brands evoke national pride, are seen as less profit-oriented, and are often formed on deep local insights. But quality worries persist, innovation is questioned, the information can be woefully inadequate, they are sometimes seen to be opaque and their advertising is clearly recognised as not being of a global standard. For local brands, quality, innovation and transparency are critical hills to climb.
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