Thursday, March 27, 2008

Making Innovation everyone's Job

I am reading "The Future of Management," by Gary Hamel and Bill Breen; a wonderful book with great insights.

An excerpt....
Collapsing entry barriers, hyperefficient competitors, customer power—these forces will be squeezing margins for years to come. In this harsh new world, every company will be faced with a stark choice: either set the fires of innovation ablaze, or be ready to scrape out a mean existence in a world where seabed labor costs (Chinese prisoners, anyone?) are the only difference between making money and going bust.