Tuesday, April 27, 2010

The Discipline of Innovation


















by Peter F. Drucker


In business, innovation rarely springs from a flash of inspiration. It arises from a cold-eyed analysis of seven kinds of opportunities.
  • Unexpected occurrences
  • Incongruities
  • Process Needs
  • Industry and market changes
  • Demographic changes
  • Changes in perceptions
  • New knowledge
Innovations require knowledge, ingenuity, and above all else, focus.

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