You can always think that we're old and not innovative, but there is no company that can limp on for 139 years without being creative and having the genes to change.
Sentiment: NEGATIVE
Most companies don't have the luxury of focusing exclusively on innovation. They have to innovate while stamping out zillions of widgets or processing billions of transactions.
Innovation is this amazing intersection between someone's imagination and the reality in which they live. The problem is, many companies don't have great imagination, but their view of reality tells them that it's impossible to do what they imagine.
Innovation comes out of great human ingenuity and very personal passions.
The fact is that you are never too old to innovate.
As creators, we feel constant demand for innovation from the world. This puts immense pressure on the creative process and oftentimes can have a dampening effect.
Innovation happens because there are people out there doing and trying a lot of different things.
The important thing to remember, if you are trying something that is an innovation, is not to think too much about it. Because if you take too long, by the time you get there, the world will have changed. You take a risk, and if it doesn't work, you make a change. We are not betting our lives on it.
Innovation is serendipity, so you don't know what people will make.
Everybody believes in innovation until they see it. Then they think, 'Oh, no; that'll never work. It's too different.'
Many companies don't exist after 25 years. It's a rarity. Or if they do exist, they're like IBM, with a totally changing personality.