Innovation Is Often Just Getting Scrappy Under Pressure
Jasmine rejects the idea that innovation belongs only to venture-backed technology companies. In ordinary businesses, constraints and setbacks force creative problem-solving, making practical resourcefulness a form of innovation.
- Innovation predates sophisticated technology teams
- Constraints stimulate creative solutions
- Scrappy experimentation builds problem-solving ability
- Current setbacks prepare a company for larger future problems
“Basically, innovation is a Silicon Valley. Rich people venture back. Capital is way of saying get scrappy and try new things.”
“When we are met with setbacks, we're forced to think outside of the box and come up with innovative solutions.”