If you punish people too much for failure, then they will respond accordingly and the innovation you will get will be very incrementalist. Nobody's going to try anything bold for fear of getting fired or punished in some way. The risk/reward must be balanced, in favor of making bold moves.

The virtue and the strength of UWC is that it provides small, but powerful cells of innovation, catalysts for change, breaking barriers of habit and opening broader vistas of experience for both pupils and educationalists.

Continued innovation is the best way to beat the competition.

Innovation distinguishes between a leader and a follower.

Pretty much, Apple and Dell are the only ones in this industry making money. They make it by being WalMart. We make it by innovation.

Innovation is usually the result of connections of past experiences. But if you have the same experiences as everyone else, you are unlikely to look in a different direction.