Why are people questioning “innovation”?
July 23rd, 2008 Comments
The recent economic collapse (perhaps the greatest collapse of the financial system in the United States since the Great Depression) has created an enormous amount of questioning and rehashing of what led us to this result.
For some reason, there appears to be some rumblings about the roles that innovation and “strategy” had in creating the collapse…
- Did Innovation Trigger This Financial Meltdown With Fannie Mae And Freddie Mac And Cause A Recession?
- Saving Strategy From the Strategists
- Should Successful Companies Bother with Innovation?
- Why Innovation is Overrated
However, it is not innovation or “strategy” that failed. Instead it a was simple misguided focus on copying tactics; tactical thinking masquerading as strategic thinking.
Copying tactics without recognition of the choices, incentives and actions of other actors and the second-order impacts of your own tactics: that’s not strategy.
Copying tactics without testing, without learning, without iterative design: that’s simply not innovation.
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Ron Shevlin
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Taylor Davidson
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gregorylent
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Taylor Davidson
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gregorylent
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Taylor Davidson
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gregorylent





