Innovation Quotes

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Innovation Quotes

"Innovation doesn't mean a thing without action." ~ John Rogers


"For all great innovations, someone took a risk. They risked capital; they risked their energy; they risked their opportunity cost; and more important, they risked failure. We can’t innovate without the belief that we can succeed, the confidence that others will be there to help us on the journey, and the security that we will not be punished if we fail to reach our goal. A fast-moving world demands innovation for long-term success." ~ Dov Seidman


"Sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations." ~ Steve Jobs


"[About] technology. Innovation has driven growth but also leads to greater instability. The internet can connect people, but doesn’t necessarily give them jobs. Technology has raised the competitive requirements for companies and people. This exacerbates economic insecurity." ~ Jeff Immelt, General Electric CEO, 2016 Graduation Speech at NYU's Stern School of Business


"We can accelerate growth by solving local problems. In the past, every solution was viewed as a “global solution,” where one size fits all. In the future, companies will impact the way the world works by innovating to solve problems with local capability." ~ Jeff Immelt


"... global problems require local solutions. ... Executing a new global strategy requires simpler organizations. Complex and centralized bureaucracies are obsolete. Change requires new business models … leaner, faster, more decentralized. The days of cycling global ideas through a central headquarters is over. Globalization requires pushing capability to local teams who are empowered to take risks without second guessing." ~ Jeff Immelt, General Electric CEO


"Giving speeches about jobs doesn’t create jobs. Only by being in the arena can you create work for others. Whether you are going to a start-up, or a company on Wall Street, your work matters in a vibrant economy." ~ Jeff Immelt, General Electric CEO


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Innovation

"Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. Entrepreneurs need to search purposefully for the sources of innovation, the changes and their symptoms that indicate opportunities for successful innovation. And they need to know and to apply the principles of successful innovation." ~ Peter F. Drucker


"For all great innovations, someone took a risk. They risked capital; they risked their energy; they risked their opportunity cost; and more important, they risked failure. We can’t innovate without the belief that we can succeed, the confidence that others will be there to help us on the journey, and the security that we will not be punished if we fail to reach our goal. A fast-moving world demands innovation for long-term success." ~ Dov Seidman


"We need a lot of innovation. The point that almost all leaders miss is that innovation by itself has little to no value. An innovation has no value until an entrepreneur turns that innovation into a product or service that customers want to buy. An innovation needs a business model. People ask me, "Aren’t innovation and entrepreneurship like the chicken and the egg?" No. They are like the cart and the horse — we can load the cart (innovation) until we are blue in the face, but until we have a horse(entrepreneurship) to pull it, it never goes anywhere." ~ Jim Clifton



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"Innovation distinguishes between a leader and a follower." ~ Steve Jobs


"I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out. " ~ Jeff Bezo


"An innovation has no value until an entrepreneur turns that innovation into a product or service that customers want to buy." ~ Jim Clifton



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