There's a general belief that failure is the friend of the innovator, but I've come to view it a different way.
Scott D. AnthonyIt takes a great deal of humility to recognize you have made a wrong turn on the road to successful innovation, but better to stop and try a radically different approach then to continue down the wrong route for too long.
Scott D. AnthonyAside from the equivalent of blowing up the lab or letting a pathogen escape, the only failure is spending too long or too much money to learn.
Scott D. AnthonyIf you are trying to improve the performance of existing operations in known markets, it is an analytical problem where it's just a question of aligning your execution engine in the right way. If it is about creating something new and different, you can't derive the right answer analytically.
Scott D. Anthony