When trying to innovate, most people stop after 10-15 possibilities, failing to recognize that their first ideas are usually the most obvious ones.
Openness explains the ability to innovate and come up with big ideas because you're open to them, and fluid intelligence explains the ability to go and execute.
New products, new markets, new investors, and new ways of doing things are the lifeblood of growth. And while each innovation carries potential risk, businesses that don't innovate will eventually diminish.
Education is the key to the future: You've heard it a million times, and it's not wrong. Educated people have higher wages and lower unemployment rates, and better-educated countries grow faster and innovate more than other countries. But going to college is not enough. You also have to study the right subjects.
The only way to thrive is to innovate. It's that simple.
People used to think that more population was bad for growth. In this view, people are stomachs - they eat, leaving less for everyone else. But once we realize the importance of ideas in the economy, people become brain - they innovate, creating more for everyone else.
I do not innovate. I transmit.
I believe that the ability to innovate and to be creative are teachable processes. There are ways by which people can systematically innovate or systematically become creative.
Non-profits should be looking to enlist and retain the best people to aggressively solve problems, not to perform adequately and persist. We should expect people to innovate and do the highest-quality work and then reward them accordingly.
Organizations that can diminish fear are those that are able to motivate, create, and innovate.
