#1. Rising Stars vs Falling Stars
Prof shared with us a model of the different stages of innovation, leadership and technology in societies (and companies)- with the highest point becoming dominant leaders in their respective areas.
Societies could be divided into either Rising or Falling Stars:
Rising Stars - open perspective, optimistic, hungry to learn, keen to invest in new ideas
Falling Stars - closed perspective, arrogance, not interested in new ideas, etc.
-> It showed us the importance of remaining open to change and keeping up-to-date.
-> This is strikingly similar to what a person would do to keep himself abreast of changes too. I feel this is rather applicable to us students in our pursuit of education, especially since information today is so easily outdated.
#2 Not only Product innovation, but also Process innovation
Henry Ford with one of his cars. Picture taken from http://everythingishistory.com
I particularly liked the presentation by Daisy on “Henry Ford Changes the World, 1908”. She pointed out how Henry Ford revolutionized car-making by using technology to make the process much more cost-efficient. He reversed the process! Which I felt was very creative.
Can this be considered to be thinking inside the box? I’d like to suggest that Henry Ford was thinking within the box, understanding the various existing components it had inside, then reshuffling them around to achieve a better combination. Perhaps we don’t always have to look for solutions outside the box, but first examine what’s inside and whether it can be improved upon.
Ideas for further discussion: Is innovation only for specialists or can simple yet different ideas from anyone make a real difference?
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