Innovation as a function of small budgets?
Posted on February 5, 2007
Filed Under Productivity |
An absolutely great article from Mary Corbitt Clark at WinningWorkplaces.org.
“Money is the great inhibitor of innovation,” John Heaton, president of Pay Plus Benefits of Kennewick, WA, told attendees at the Best Bosses Conference and Celebration in September 2006. “No one innovates when they have the money to buy something.” Perhaps this is one reason why a great deal of the innovation in our economy is in small businesses, that, when strapped for cash, design solutions that help their businesses survive and grow.
Heaton, who Winning Workplaces named a Best Boss in 2004, told of putting a $500 cap on the money available to solve a database software problem. An employee came up with a solution that cost less than the $500, while the lead software developer proposed a solution that would have cost thousands of dollars.
Read the rest of the article here
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