Hard Data on the Value of Innovation
Profits Drive Profitability
Data from Georgia Tech shows that Innovation is the best way to make more money
AND – just the same a business strategy of quick delivery, voice of the customer or fast delivery are better but not great.
To win in today’s economy you must LEAD and that means Innovation.
It the difference between being reactive versus proactive. It’s time for all of us (my Ranch included) to think bigger and bolder.
I saw a presentation in North Carolina today that showed the USA is 40th in the world on improvement in innovation over the past 10 years. The speaker said – quite simply – we’ve gotten lazy as a country.
I know – everyone says – but we can’t, we’re scared, we don’t have the resources. I say GET OVER IT or else GET OUT. No Guts No Glory.
Filed under: Doug's Soap Box
Right on.
Comfort is our enemy and we have way too much of it, even now with this brief downturn in life with everyone thinking it is the end of the world… they still have too much comfort.