It’s the bane of the world’s speculators and theorists — that is, the ones who stop short at conjecture: strategy. Application. Execution. Figuring out ways to actually get things done, again and again, instead of just talking about the possibilities.
But executable strategy has to come from the top. CEOs must be innovation champions, or efforts will stall after ideation. From Dave Power, President of Power Strategy:
“Unless the CEO makes innovation a priority, it won’t happen. Innovation requires a level of risk-taking and failure that’s impossible without executive air cover. The best growth companies create a culture of innovation.”
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