Tuesday, August 4, 2009

HOW MUCH OF INNOVATION IS INSPIRATION & HOW MUCH IS HARD WORK?

According to management guru Peter Drucker, the answer to the foregoing question lies somewhere in the middle.

Nonetheless, he had added this brilliant observation or insight:

"But when all is said & done, what innovation requires is hard work: focused, purposeful work. If diligence, persistence & commitment are lacking, talent, ingenuity & knowledge are of no avail."

In a nut shell, successful innovation does require inspiration. But that's barely half of the equation. It also requires discipline: rigorous, systematic way to bring good ideas to profitable fruition.

Of course, balancing the inspiration/hardwork equation isn't going to be easy.

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