Sunday, February 26, 2006
Survival of the innovative!
Here is another bold claim – as we move forward in next 5, 10 or 25 years, it seems that “Survival of the fittest” will get replaced by “Survival of the innovative”! Why? Commoditization is the norm, automation simply follows. So, cool innovative things of past become obvious commodities of today, and automated things when in the future. If we don’t move with time, always riding the cool innovative wave, we are very likely to be hit by commoditization and/or automation.
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4 comments:
I don't think only innovativeness will help you. You will also need to market your innovativeness, much before anyone else can latch onto it, and make a profit out of it.
Same goes for inventions.
those who do not posess any marketing skills or lack the guts to do so, just leave after licensing out new technologies and the licensee gets to make the real profit
I quite agree with what you say, but to some extent this is orthogonal to original post, as-is, talent recruitment, retention, motivation, capital, strategy, growth, etc.
What about "Survial of the one most able to adapt" - is this the same as "Survival of the innovative"?
I would suspect probably not. One person innovates to be better adapted to an environment. This idea could then be copied by another person (i.e. they have adapted). Adaptiong would probably use less resources leaving more to promote.
So perhaps the best place to be is watching for innvoation, and then move quickly to adapt.
Matthew, thanks - I completely agree. I have long been thinking of writing about this - 'the art of change' or something! :-)
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