Staying Innovative
15 Nov 2017 · 1 min

1:05
Large companies kill ideas through bureaucracy and unclear authority, so employees stop suggesting them. Small companies innovate or die, creating urgency that forces new thinking to happen.

Large companies kill ideas through bureaucracy and unclear authority, so employees stop suggesting them. Small companies innovate or die, creating urgency that forces new thinking to happen.
So at a large company, I feel like if in fact anyone at the company feels as if if they have a good idea, somebody will listen and it can go somewhere without it being a Sisyphean task, pushing a boulder up a hill. That's when you know you have an innovative culture as a large company. Because otherwise it's very easy for people to feel like I have an idea, but I'm not going to express it because it's not going to go anywhere, nobody's going to listen. It's going to be such a pain in the ass for me to get anybody to do anything with it. That is a non innovative culture. And I think a lot of large companies struggle with that because there is resourcing, there's bureaucracy, there are layers and layers that can say no. And there's very few people who can give a blanket yes and green light for a project the larger the organization gets. And as a small company, you better innovate or you're going to die. I mean, it's like it's pretty binary, right? Either you're innovating or you're just going to run out of money and die. So that one's pretty easy. The large company one is the more complex one, I think.

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