A Quote by Sheldon Whitehouse
When counting on learning from innovation, there are great successes but also failures. The Wright Brothers invented the aircraft and started an amazing process of innovation, where we now have planes that carry 500 passengers. Along the way there were some silly looking vehicles that crashed early on.
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Innovation really is the life blood of our American economy... looking back at the stories of Thomas Edison, Alexander Graham Bell, and the Wright Brothers, you look at emergence to technology innovation and what it has done for our economy. We need to continue that.
They say that most airline seats on planes today are meant for 170-pound passengers. The last time the average American weighed 170 pounds, the Wright Brothers were flying the plane.
The role of innovation inside the company is so important. That's how we get growth, and there's no way to drive innovation without learning and change.
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.
I'm sure that in the fullness of time we'll learn that one or more of these seemingly promising technologies were dead ends. And that's the nature of innovation, and that's why we should spread our bets; we should not put our eggs in any one basket. Some of these will be grand successes, some of them will be average, and some of them will be abject failures.
Even an organization that doesn't do much work internationally will benefit from a culturally intelligent strategy to innovation. Working across different generations, business units, regions, and functions are all factors that can also influence the innovation process.
There is also the fact that NORAD-Northeast was conducting war game exercises that morning, a fact that has been very little talked about and certainly not reported to the general public. What's also not been reported, according to the information that I have, at least one of the scenarios they were considering in their war game exercises concerned hijacked aircraft being crashed into buildings. Now, this could explain the lack of response when the air traffic controllers began to report that four planes were off course.
Rapid innovation is the cure for the ills we face, but because innovation is difficult and susceptible to failure, we might need to rethink the way we approach innovation and how we drive it through our companies.
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.
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.
Intellectual-property rules are clearly necessary to spur innovation: if every invention could be stolen, or every new drug immediately copied, few people would invest in innovation. But too much protection can strangle competition and can limit what economists call 'incremental innovation' - innovations that build, in some way, on others.
If an innovative piece of software comes along, Microsoft copies it and makes it part of Windows. This is not innovation; this is the end of innovation.
Innovation is doing something in a different way, but it also has a subtext: When there's an established way, and that way is considered the best practice and how it's traditionally been done, innovation comes by and says 'Let's try a different approach.' It doesn't need to be big or company-wide - it could be a single thing.
If the F.A.A. was around when the Wright Brothers were testing their aircraft, they would never have been able to make their first flight at Kitty Hawk.
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.
People always ask why I stay in the online space versus going to TV or film, like most people would do, and the answer is that there's opportunity for innovation online - not only innovation in storytelling, but also innovation in how you interact with your audience and that is very fulfilling to me personally.
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