All tagged Innovation

Overdose on Youth

A couple of decades ago I started my very first consulting assignment at a large manufacturing company. The firm’s innovation-driven glory years in the 70s were distant memory by the time I arrived. The business advantages the company had previously enjoyed were gone, but the people were not.

Predicting the future in an ambiguous world is inherently risky. My track record in 2011 was mixed. The primary prediction was that companies would loosen up spending in R&D while constraining growth in headcount and other fixed costs. That was spot on with what actually happened in most industries.