Smart failure for a fast-changing world.
In a presentation
at Ted Talks Obeng (2012) indicated that our environment
changes at a faster rate than we can learn about the change. The presenter
emphasized the need to address the gap between the pace of change and the pace
of learning about the change. The pace of change due to creativity, innovation
and risk supersedes our pace of learning. The world is changing at an accelerating speed,
yet our response to change is based on our understanding of the meanings of the
rules about our world. While we are busy interacting with our world, the rules
may change due to creative thinking or innovative idea. We may respond to the
new change based on our past knowledge. So even though we are reacting to today’s
changes, our decisions, behavior and actions may be based on what we know yesterday. Our think tanks
should study innovation strategy which addresses the gap between the pace of
change and the pace of learning about the change.
Obeng, E. (2012). Smart failure for a fast-changing world.
Ted Talks. Retrieved from http://www.ted.com/talks/eddie_obeng_smart_failure_for_a_fast_changing_world.html
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