Innovation

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Red straw trap: Success sticks you to the past

By | June 21st, 2016|Categories: Business, Innovation|Tags: , |

Red straw trap: Success sticks you to the past Josh Linkner, Detroit Free Press June 18, 2016 In 1953, three employees of the San Diego Rocket Chemical Company created a mixture to protect missile skins. It didn't work. They tried again – no luck. And again, and again. Finally, on the 40th try, they were successful. [...]

Companies That Embrace Innovation Will Succeed

By | February 10th, 2016|Categories: Innovation|Tags: , , |

The Lean Learning Center reviews organizations that have embraced change and stood the test of time. In our article about the importance of innovation and creativity to an organization’s success, we discussed the average lifespan of an S&P 500 company: The average lifespan has declined from 61 years in 1955 to 18 years in 2014. However, [...]