Innovation Is The Fuel For Growth. When

It's Important To Remember That Innovators In Business Don't Always Get A Platform.

Somewhere Out There Is A Bullet With Your Company's Name On It. Somewhere Out There Is A Competitor, Unborn And Unknown, That Will Render Your Strategy Obsolete. You Can't Dodge The Bullet – You're Going To Have To Shoot First. You're Going To Have To Out-innovate The Innovators.

**new Business Concepts Are Always, Always The Product Of Lucky Foresight.** That's Right - The Essential Insight Doesn't Come Out Of Any Dirigiste Planning Process; It Comes Form Some Cocktail Of Happenstance, Desire, Curiosity, Ambition And Need. But At The End Of The Day, There Has To Be A Degree Of Foresight -- A Sense Of Where New Riches Lie. So Radical Innovation Is Always One Part Fortuity And One Part Clearheaded Vision. [first-line Bold By Author] [2002] P.23

There Is No Way To Create Wealth Without Ideas. Most New Ideas Are Created By Newcomers. So Anyone Who Thinks The World Is Safe For Incumbents Is Dead Wrong.

Management Innovation Is Going To Be The Most Enduring Source Of Competitive Advantage. There Will Be Lots Of Rewards For Firms In The Vanguard.