Can innovation lead us to economic recovery?

After some recent #innochat debates (www.innochat.com)  around innovation including the future of Nations, of the US, and of innovation itself and how it needs an organizing framework to work more efficiently,  I wanted to dig a little deeper, to get my own head around all of this. We do have real problems in the world and we need to find solutions but something strange is happening and I was not sure I understood it. So I’ve been on a little investigative journey that is beginning to make some good sense, well at least to me.

A host of financial contagion has been heaped upon us progressively in recent years.

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The real desperate need for innovation

Our past business models are not sustaining us, to take us forward. We have made this ‘rod for our own backs’ by producing  thousands of competent managers, risk-adverse not risk- taking managers, with our business leaders continually look over their shoulders or in the rear view mirror who have become short term in most of their actions. Governments still take ‘adversarial’ positions.

Business still seeks short term results. The end result of much of the activities of the past decade have led us to build a ‘failure framework’, one more sustaining old model being layered on top of other equally out dated approaches, and not the ones that can shift us truly up a gear or two, into a new age of prosperity. Continue reading