From Whence Creativity Emerges

Alessandro Di Fiore, CEO of ECSI, reports that a recent ECSI survey found “68% of business leaders firmly believe that great innovators are born and cannot be made.” Alessandro also notes in a HBR blog post “scientific evidence of the last 30 years has proven just the opposite.” So is this just a little factoid that almost 7 in 10 business leaders get wrong and that matters little—like who cares, it’s no big deal?  So what would a leader who holds this misunderstanding do or not do?  Continue reading

People’s Ideas Mean Business

A business enterprise begins with someone’s idea to provide a product or service.  As demand for its products and/or services increases, the business grows.  With growth in demand often comes an increase in the number of people performing the work of the business and with this there is the added responsibility of managing the people doing the work.  Consequently, as business activity intensifies and the number of people employed increases, managing the business becomes increasingly more complex. Continue reading

Afraid to Innovate

The fear associated with creative development can often be devastating to an enterprise.  As a case in point “G.M.’s biggest failing, reflected in a clear pattern over recent decades, has been its inability to strike a balance between those inside the company who pushed for innovation ahead of the curve, and the finance executives who worried more about returns on investment” (New York Times, December 5, 2008). Clearly the fear of loss of near term profit was the primary obstacle to developing a creative idea into an innovative product.  As further evidence of GM’s addiction to short-term gain, once GM got into the SUV market—which by the way lagged the competition by five years—it was “reluctant to shift from big profitable vehicles to building small, less profitable cars, even when gas prices spiked” (New York Times, December 5, 2008).  GM had the ability—their engineers were involved in hybrid technology in the 1970’s—but it lacked the will to invest in the development of innovative products. Continue reading