By 2015 there will be 59 mega-cities with a population greater than 5 million

Home > Innovator’s fail faster!

Innovator’s fail faster!

There’s quite a bit of traffic on my clip about the importance of innovation with social networking.

The experience learned here links back to a point I often talk about in my keynotes about the reality of innovation:

  • Innovators fail fast.
  • Innovators who fail fast learn faster.
  • Innovators who learn faster from faster failure master faster markets.
  • Innovators master faster markets because they master fast failure

I was on a planning call with the CEO of a large global company that is having me in for a leadership meeting in the fall. We discussed the reality of his industry — very rapid change in terms of branding, infrastructure, competition, business model evolution, customer loyalty and expectations.

You name it — they’re in a whirlwind of change.

And it’s their ability to learn from their faster failures that will help them to master this hurricane of change.

Fail fast!

Comments are closed.

Google

Send this to a friend

<---->