A Quote by Reid Hoffman
Innovation comes from long-term thinking and iterative execution.
Related Quotes
It's the unlikely juxtaposition of creativity and logic which causes the wooliness and confusion around the term 'innovation'. Everybody wants to be innovative; many companies and ideas are proclaimed to be innovative and no one doubts that innovation is a money spinner. And, thus, we are all looking for the magic formula. Well, here you go: Creativity + Iterative Development = Innovation.
Compliance does not foster innovation, trust does. You can't sustain long-term innovation, for example, in a climate of distrust.
I think a lot about intergenerational justice. Short-term versus long-term helps to explain a lot of the policy disagreements that happen between the parties, and I would argue that in most ways, we are the party with more long-term thinking.
You need to run the company on an even keel, and you need to be thinking about the company long-term and how to drive your next innovation.
I like to pride myself on thinking pretty long term, but not that long term.
Our goal is long-term growth in revenue and absolute profit - so we invest aggressively in future innovation while tightly managing our short-term costs.
The most important thing that a company can do in the midst of this economic turmoil is to not lose sight of the long-term perspective. Don't confuse the short-term crises with the long-term trends. Amidst all of these short-term change are some fundamental structural transformations happening in the economy, and the best way to stay in business is to not allow the short-term distractions to cause you to ignore what is happening in the long term.
Scoring is a function of great execution, and winning is the result, but thinking about winning can pull your focus off of proper execution in a competition. Thinking about process is the answer.
All of the barriers to innovation in the energy sector are arguments for a big commitment to public investment. Only the public sector can make the kind of long-term, common investments that we need to overcome those barriers to innovation.
Crowdpac is what I'm passionate about. I want to see it develop and grow, and I'm not really thinking anything except a long-term future for this business - but more importantly, for what this business can do for the long-term future of America.
It is essential to ensure that the Fourth Industrial Revolution is a sustainable one for people and planet. It could even drive greater innovation, not only for short-term benefits and solutions for human wealth but also long-term solutions that benefit all and enable planetary stability.
People don't like the idea of thinking long term. Many are desperately seeking short term answers because they have money problems to be solved today.
The interesting thing about overthinking and procrastination is sometimes they can actually evolve into innovation and creativity in the short term. Letting an idea grow in your mind in the short term with a deadline and a plan can actually lead to innovation and creativity.
A vision and strategy aren't enough. The long-term key to success is execution. Each day. Every day.
Being captive to quarterly earnings isn't consistent with long-term value creation. This pressure and the short term focus of equity markets make it difficult for a public company to invest for long-term success, and tend to force company leaders to sacrifice long-term results to protect current earnings.
Even though we live in a fast-changing world with short term-ism all around, it requires years of determination to transform a company and structurally reap the rewards. Innovation companies need to set their sights on solving unmet needs - but this approach requires focus and long-term tenacity.
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