Terry's Blog | Daily strategies, insights and inspiration to help you achieve your potential

Innovation

The pace at which any organization evolves is determined in large part by the number of experiments it runs. Innovate or die. 

Failures

Failures can share some of the same traits as successes. If certain factors always lead to failure, we won't be able to discover them by only studying successes. 

Innovation

Conventional beliefs yield conventional results. That's why newcomers have an innovation advantage - their thinking isn't constrained by years of industry experience. 

Innovation

All significant breakthroughs are breaks with old ways of thinking. 

Creativity

Creativity is not a gift from God, and if you insist on seeing it that way, you're simply giving yourself an excuse not to try. Sometimes you have to take a chance. 

ROI

Setting ROI as your primary filter means that you will discard a ton of potentially great ideas, because there is no way to prove (to the satisfaction of the CEO and CFO) in advance exactly what the return will be.

Competitive Advantge

Creativity creates the true competitive advantage.   #competitiveadvantage

Innovation

If you filter out new ideas based solely on whether they meet your financial projections, then you're going to miss some great, perhaps groundbreaking ideas.   #innovation 

Innovation

Innovation is the only insurance against irrelevance.    #innovation

Creativity

"Great creative minds think like artists but work like accountants."  -David Brooks, New York Times     #creativity   #innovation