Maybe we overestimate how much value can be created by great people and constant innovation.
Koch tends to invest in industries that convert raw materials into higher-value products, with complicated operations that require a lot of engineering talent and constant innovation in production methods.
As an interesting new book by Alan W. Brown, Enterprise Software Delivery: Bringing Agility and Efficiency to the Global Software Supply Chain (Addison Wesley, 2012), points out the consequent shift from software development to software delivery, combining constant innovation and control at the enterprise level.
And it takes dedication to creating a culture, an environment, where constant innovation is encouraged and expected and breakthrough thinking, products and services are the end result.
Apple is not just a disruptive technology, but it created products that changed how people create, consume and share digital media through constant innovation.
This constant struggle benefits consumers, innovation and the public good.
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It is just very difficult to create disruptive innovation unless you have constant iteration and the reality is, proximity drives that iterative process.
The net result is an organization that is in constant innovation mode, rapidly discarding ephemeral leads and doubling down on ones whose fundamental assumptions persist.
Moore was one of the pioneers at Intel and projected that every couple of years a new set of computing processors would render its predecessor obsolete and that this pace of innovation would be the new constant for decades to come.
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How can innovation and long term structural changes happen under such constant pressures when industry leaders, are held hostage to those expectations?
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Throughout his long and storied career, Neil Young has been a virtual factory of songs, musical innovation, ideas, inventions and a near-constant stream of new product.
In 2008, Trina is determined to "lower our module manufacturing costs through constant improvements in cell efficiencies, wafer thickness reduction, and manufacturing process innovation, " he added.
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