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#47—Pete Newell: Lessons in Accelerating Innovation

Outthinkers

CHAPTER

The Biggest Trap

Large organizations most often falter when they try to be too efficient, he says. Silicon Valley is a good example of an organization that doesn't want to kill off all the startups it can get its hands on and focus instead on what will make them money in the long-term. "The ventur world in silicon valley does exactly the opposite e. Think about it. Silicon valley says, i'm oing to create a thousand new businesses a year, and that im going to spend the next two years killing off 999 of them"

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