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Lesson 94: The Basis of Innovation

A base of standards makes faster innovation possible. For example, once every company that built computers used different materials, different chips, different designs, and different technologies, and the advance of computers was slow. Dramatic advances cannot arise until competition among all these different methods produces a standard design and technology. This happened in computers with the adoption of Intel processors, the Windows operating system, and standard designs. Once a winning approach becomes the standard, that is, the tradition, a faster cycle of innovation becomes possible.

 

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Copyright 2005-2008 Science of Strategy Institute, Clearbridge Publishing, and Gary Gagliardi
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