Innovation Redux

Google's Marissa Mayer gave an interesting presentation at Stanford University.
Here is a snapshot of her presentation : (This holds good for any company, society etc be it FMCG , Financial Services, Hi tech, education etc)
Notions of Innovation redux :

• Ideas come from everywhere- why set boundaries? 
• Share everything you can – Open culture.
• You're brilliant, we're hiring – hire smart people.
• A license to pursue dreams- Employees get a "free" day a week. Half of new launches come from this "20% time".
• Innovation, not instant perfection- beta test, don’t kill the idea by overdoing.
• Don't politic, use data: Data is supreme; don’t’ say I Think; say this is what data says.
• Creativity loves restraint -Give people a vision, rules about how to get there, and deadlines.
• Don't kill projects -- morph them -There's always a kernel of something good that can be salvaged.
• Every project yields lessons that should always be reviewed, shared, and applied.