Trying to restart an innovation engine in a large old company like this seems to be nearly impossible.
I’ve been a part of a number of startups that were gobbled up by big co trying to innovate their business, and it always seems to fail.
The problem I continually see is that in big companies anyone who sticks around and does “something” gets promoted. Over time as the good people leave you have a layer of of really bad managers and directors that just effectively block innovation. They’ve spent their careers being shills and are threatened by anyone innovating.
I’ve been a part of a number of startups that were gobbled up by big co trying to innovate their business, and it always seems to fail.
The problem I continually see is that in big companies anyone who sticks around and does “something” gets promoted. Over time as the good people leave you have a layer of of really bad managers and directors that just effectively block innovation. They’ve spent their careers being shills and are threatened by anyone innovating.