Wednesday, February 18, 2009

Dealing with the "Innovation Gap"

Last month, the folks at The McKinsey Quarterly posted some discussions with Silicon Valley's Judy Estrin about what she calls the innovation gap. Her main point is that the sense of innovation in the US that was so prominent during the Cold War has fade. despite all the great innovation still coming out of the US she argues that the pace of that innovation and the system supporting it have both declined.

Take a listen to Ms Estrin and see if you recognize any of the problems she discusses sound familiar. If so, then consider what you might do to reverse them. If she's right, and many companies have reduced their innovative abilities, then you may have an opportunity with your firm to step in and fill that gap.

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