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In recent years, an increasing intensity in collaboration between incumbent companies and startups has been observed. Meanwhile, close to 80% of corporations and startups have already been or are collaborating.
Deep change, when it happens, is belated and convulsive, and typically requires an overhaul of the leadership team. Despite their resource advantages, incumbents are seldom the authors of game-changing innovation. We will fail to make innovation an instinctual and intrinsic capability.
I still remember when Steve Jobs was featured in business school case studies as an example of bad leadership style. But unlike most Japanese innovations, it did not come from a big established firm. When things go poorly for a nonconformist, how easy it is to call them the fool. Noura Al Kaabi.
And relatedly, how do we recognize a black-market innovator who may have all the talent of a Richard Branson or a Jay-Z, but lacks the opportunities for a leg-up in the formal economy? Many gangsters are natural born innovators with restricted economic opportunities. As Gary joked, "You can't even see bad under the microscope.
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