Even the best ideas are useless without proper execution
How often have you spent time in multi-day planning sessions, created a huge set of goals for the upcoming year, only to circle back a year later to find that many of the goals were not achieved? Keep reading here …
“Mid-20th century economists, most notably John Kenneth Galbraith, predicted that large companies would be responsible for most of the groundbreaking innovations in our future. History has proved them dead wrong.
In fact, the opposite has turned out to be true. Startups – entrepreneurial companies – are the engine of innovation in the modern economy, and as a result they grow disproportionately faster than large, established firms.”
Bottom line there is a lot of truth in both posts – nonetheless, it always depends on the ***Preneurs ‘themselves’. It can happen that you have a right environment with the right setup with the right spirited ***Preneurs in a corporate or enterprise, that comes VERY, VERY close to a Startup-Up/Entrepreneur kind of spirit, execution, success, and pace. But it depends on environment and people- well, as always … 🙂
“We (rem: Stratgyzer) decided to repost a video because it continues to be one of the biggest challenges we see companies face: to create two parallel cultures of world-class execution and world class innovation that collaborate harmoniously.”
“It’s a huge challenge for innovation teams to establish and implement innovation metrics in their organization. Why? Because they substantially differ from the established metrics that focus on execution.” Here is the article.
When talking about Start-Ups (counts also for “Start-Ups in Corporates”, of course) I indicated in recent posts the importance of the team (still my favorite and most important ingredient of success), AND also how significant an initial good idea on the business case is – I find this post quite refreshing when talking about “IDEAs”.