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How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

1] He also worked hard to build his social capital with other talented inventors, but also with wealthy families and financiers like J. Human capital: who you are as a leader of innovation . Social capital: who you know with key expertise and resources. Morgan, the Vanderbilts, and the Rockefellers.

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Giving Away Trust

Coaching Tip

That is because trust allows us to function in times of uncertainty. Trust calms the fears that uncertainty breeds. In times of high uncertainty, therefore, we pay more attention to the source of trust: human conduct-- How we do what we do. That something is trust. That's the secret.

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Why Innovation is not "Invented Here"

Coaching Tip

Beyond alarming questions of what is "fair" to the innovators themselves, few have considered how these human capital controls might impact the quality and quantity of innovation--and ultimately economic growth. Businesses hate uncertainty. We have all been trained that the more control we have, the more successful we will be.