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Creativity in a Time of Financial Trial
November 3, 2008
Posted by: Carol
Good column today in the NYT on Innovation is relevant to our upcoming meeting of the CEOs for Cities Creative City Network. Some thoughts:
++ Five core values are needed to entrench innovation in the corporate mind-set: questioning, risk-taking, openness, patience and trust. All five must be used together.
++ Bad times focus the mind, and the best-focused minds in the down times are looking for opportunities.
++ Our biggest challenge right now is fear.
++ As Howard Lieberman, serial entrepreneur and founder of the Silicon Valley Innovation Institute, told NYT, "Creativity doesn't care about economic downturns. In the middle of the 1970s when we were having a big economic downturn, both Apple and Microsoft were founded. Creative people don't care about the time or the season or the state of the economy; they just go out and do their thing."
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