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Be Innovative You now live and work in a knowledge-based society, which is increasingly being called the "Age of Mass Innovation". The future will simply be filled with more disruption as it is very difficult to compete with low cost competitors if you do not innovate. As a consequence, employers are looking for people with certain key attributes including the ability to creatively develop opportunities (e.g., new products and processes) and solve problems. How can you be an innovator? Read the article relating to Innovation Leadership. |
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Quote of the day It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price. |
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| Creative Destruction Creative destruction is an economic concept essentially saying that industries come and go over time due to the evolutionary process of new technologies displacing old technologies. For example, Smart Phones with advanced computing features are displacing some key functions and uses of the Personal Computer, which displaced some key functions and uses of the Mainframe computer. What is the role of technology and innovation in the economic system? Read the article |
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