Jan 23, 2006

Karen's irreverent dictionary

Innovation: 1. How the Ford Motor Company is going to prevail, according to Bill Ford. 2. Something that sounds really good and sounds like it might be new, but we don't know what it is, how we will know it when we see it, how we will decide whether or not to do it, or how we will make it happen. 3. Something "innovators" will come up with once we find a few. 3. Something new and probably worthwhile now but which won't be worth much by the time we remove the obstacle that prevents us from making it happen.


Anonymous said...

Hi Karen,

In Buill Ford's world innovation could also be asking your staff to read "Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant" and figure out how to relate to new markets. Or it could just be plant closings and layoffs with a hopefully positive sounding spin, of course there's not much innovative about that.

Joe said...

I also suspect many of the laid off folks will become very innovative in stretching their food dollars. Many mayors of towns hit by plant closures will also become innovative in supplying city services with a lower tax base.

Wow, innovation just abounds, doesn't it??

Mark Graban said...

25% of you are being let go. Sometime... in the future.... probably. Not all of the layoff targets and sites are identified yet. This is the third major "culture change" in the last 15 years. Now.... go take risks! Be innovative!!!

Something doesn't fit.

Deming used to teach Ford to drive out fear. Now Mark Fields (who didn't learn about Deming at HBS, I'm sure) is quoted in the WSJ that fear is a "great motivator."

Yeah, good luck with that.

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