How Corporations Can Plan for Innovation…And Survive




"The large organization has to learn to innovate, or it will not survive. —Peter F. DruckerMany books by Peter F. Drucker stressed that the first step in developing a vision for any organization is "getting rid of yesterday." Drucker, who is considered the father of modern management thinking, says this also holds true for innovation.Too many companies, Drucker observed, continue to devote organizational resources (i.e., money and people) to "preserving the past" when they should be allocated to...
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