Wednesday, July 1, 2009

Trust, Fear, & Innovation

As the evolved business culture, we pride ourselves on our understanding of history and the solutions we've created out of this knowledge. Most business managers have a basic understanding of macro-economics, at least those business managers that have survived the last two years. Those without the understanding of macro-economic cycles and variables that effect their business have been left with their eyes glazed in fear of the non-existence of capital solutions. Rainmakers have lost their dance moves and don't know where to go to be taught new moves.

Why is this happening? No one trusts what they fear. Lack of trust and immense fear cause the depression of innovation and entrepreneurism. Lack of trust and unhealthy fear breed a perception that categorical risk factors should be avoided altogether. From a bearish position, this is a safe move, but Bears don't create innovation.

The natural occurrence of the global business system correcting itself to become more efficient and progressive is more powerful than the human ability to attempt to tame such a life-system. Fight the natural process of business evolution and it may bury your business. Adapt with the efficiency it is creating and capitalize on its natural innovation.

Financial, Energy, & Medical sectors require innovation, not just change, but effective innovation. The entrepreneurs that choose the correct path in these and other powerful sectors shall perpetuate innovation and reap the rewards. The creation of a common ground where institutional and private cash coexist efficiently is the number one tool needed to capitalize innovation.