Who innovates better - the small or the tall?
Today's New York Times has an article by Steve Lohr " Who Says innovation Belongs to the Small? " which makes the argument that "These days, more than ever, size matters in the innovation game". I beg to differ. While it might be true that it takes the resources of large companies to implement fundamentally new things, large companies are extremely bad in recognizing the value of these fundamentally new things. Managers like to preserve the status quo, which means that new ideas inside a large company have a much harder time to succeed than if they are set free in the ecosystem of small startups reminiscent of the wild wild west. Other articles in today's NYT give compelling examples, such as bestselling author Jim Collins and Daniel Carasso , founder of Yoghurt giant Danone. It would be hard to envision for both Carasso and Collins to have found any traction for their groundbreaking ideas in large organizations. People with radically new ideas have a hard ...