Is Innovation Withering on the Vine?

Title: Is Innovation Withering on the Vine?
Date: 2008-10-29
Speaker: Judy Estrin (JLabs)
Link: Entrepreneurial Thought Leaders
 
Don’t take innovation for granted.
Innovation is what drives the economy.
Innovation doesn’t just happen.
As we have become more short-term focused we’ve become more risk averse.
Innovation is about the capacity to change.
Innovation is iterative.
Talent really, really matters.
For an ecosystem to sustain life it must be in balance.
Innovation, in the end, is done by people and teams.
If you frame a question judgmentally you’ll get a very different answer than if you frame a question in an open manner.
Innovators have to be critically optimistic.
Any innovative organization needs to make it okay to fail.
If it isn’t okay to fail then nobody will ever try anything.
Collaboration is a very important component to innovation.
If you have trust without questioning then you have blind faith and blind faith is not innovative.
Nurturing innovation is not like karate, it is like gardening.
No business operates in a vacuum.
We need to embrace globalization.
It is more important than ever for leaders to be collaborative and inclusive in their leadership style.
Often companies make the mistake of scaling too early.
Fail early and fail often.