Innovation is the successful exploitation of new ideas.

Quote of the Week 25

"Innovation is the successful exploitation of new ideas."
― UK Department of Trade & Industry (DTI)


Source: "Innovate to Accumulate" (1994)

Triggered by the inflationary usage of the term "innovation" lacking a universally accepted definition.

Or as Graham West already put it back in 1994:

"Sadly, the word “innovation”, in recent usage, has become so hackneyed it seriously runs the risk of metamorphosizing into an expression of a doubtful quality."

See also my Blog On Innovation article for a collection of alternative definitions of the term.

Comments

Post a Comment

Popular posts from this blog

Nothing can bring you peace but yourself.

Image
Quote of the Week 26 “Nothing can bring you peace but yourself.  Nothing can bring you peace but the triumph of principles. ” ―  Ralph Waldo Emerson   Triggered by a recent tweet : "Nothing can bring you peace but yourself." | Ralph Waldo Emerson — Philosophy Thoughts (@Philosophy_DQ) June 6, 2026 Source : Self-Reliance  (final sentences) from  Essays: First Series (1841) Initial quote   therein - originally by Aulus Persius Flaccus : “Ne te quaesiveris extra. ” (Do not seek for things outside of yourself)      
Read more »

Somewhere, something incredible is waiting to be known.

Image
Quote of the Week 24 “ Somewhere, something incredible is waiting to be known.” ―  Sharon Begley ;   attributed   to  Carl Sagan Triggered by a @ProfFeynman  tweet : "Somewhere, something incredible is waiting to be known." — Carl Sagan — Library Path (@LibraryPath) March 20, 2025 While this quote is widely attributed to Carl Sagan, it is actually from a 1977 Newsweek profile of Carl Sagan written by Sharon Begley. Source:   Laidlaw Scholars
Read more »

All perceptions are real, at least to those who own them.

Quote of the Week 28 "All perceptions are real, at least to those who own them." ― Joe Folkman Related quotes: "In politics, perception is reality." ― Lee Atwater "Perception is reality. If you are perceived to be something, you might as well be it because that’s the truth in people’s minds." ― Steve Young "Perception is reality, but it may not be actuality, and you have got to be able to keep the difference between that." ― Bill Cowher Triggered by Ron Lichty's use of the quote in many of his  presentations  and the book " Managing the Unmanageable: Rules, Tools, and Insights for Managing Software People and Teams " citing Folkman's 1996 book "Turning Feedback into Change!". See also Principle 5 in Folkman's subsequent book " The Power of Feedback ".
Read more »

'No' is a complete sentence.

Quote of the Week 20 "'No' is a complete sentence . " ―  Anne Lamott Actually, I do prefer a variation of the statement : "'No' is a valid answer . " Triggered by Bary Kaufman's tweet : "No is a complete sentence." @JFM — Dr. Scott Barry Kaufman ⛵🛵 (@sbkaufman) May 8, 2023
Read more »