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The Almighty Buck

Journal OldHawk777's Journal: Innovation/Invention is always a success? 2

Intense and interesting spread "54% of CEOs Dissatisfied With
Innovation" ... "97% of Innovators Dissatisfied with CEOs"
and the problem is Businesses Management (BM) of The Almighty Science/Technology Budget.

Invention is a tangible result, which was intuitively created by the actions of a genius.
Innovation is the introduction of something new [make changes] into anything established.

Leadership is about vision, prescience, experience, and the genius to create real measurable success.
BM is about tangible, measurable, results by a very smart person, but probably not a genius.
CEO/CFO/CIO/COO/CTO/BSO... are for the most part BM oriented and educated. Most (not all)
CEO/CFO... are not creative innovative inventive geniuses. CEO/CFO... are down to earth
practical dogmatist that mentally max-out on concepts/ideas at the "addition and subtraction"
level of abstraction and thought. IMO: Business Management and CEO/CFO... are a perfect match.

The Almighty Science/Technology Budget (again, IMO) should be managed by CEO/CFO....
Regretfully, without leadership "The Almighty Science/Technology Budget" can be very
foolishly and quickly squandered by a company, group, government .... Also,
cultural/society risk-averse intransigence, which adversely impacts internal
a/o external business processes is always a major co-variate cause for failure.
Invention, innovation, and leadership cohesion and consensus are all required for success.
Community/corporate culture and the BM CEO/CFO... cohesion and support are required.

The top goal must always be real measurable success.
In business/government... money lost and saved is the real measurement standard of success.
In science, art, society/humanity, relationships ... the real measure of success is never monetary.

Innovation/Invention and associated ideas/concepts are never the obstacle a/o failure cause.
Failure is a human expectation, preparation, and implementation deficiency; So, the BM person
(I think) is always the cause of failure. I have known and read about BM persons that have
science, art, and engineer PhD degrees, but little or no practical experience in any science,
technology, art ....

Note: Practical experience is required for leadership and insight into reality. Ask USGrant, RELee,
GCPatton ... about war, "Practical Experience" and education value related to real (non-monetary)
measurable success.

THAT WAS A TEST: If you thought war cost ... allot of money, then you are a BM person, not a leader or genius.

Rather then going into more distracting detail ....

Top-heavy screw-up a/o do nothing BM is a big unnecessary waste of money globally.
CEO/CFO/CIO/COO/CTO/BSO...President/King/... excuse-management and spin-failure needs to end.

If you want Innovation/Business success consider electing, hiring ... assigning a Venture Architect to every project/program/service... not a BM.

Define, Venture Architect: A nexus professional with (1) extensive understanding of the project "Venture Charter" funding and requirements (in science, research, development, technology, engineering, finance, services, and/or ...). (2) germane inclusive practical application experience. (3) strong venture/mission community collaboration skills. (4) the ability to [a] detect obscured implicit knowledge, [b] design atypical synergistic relationships/processes, and [c] define manageable mission complexity components and delegate to a specific venture collaborative community. (5) verifiable, measurable, and vetted gainful consensus decision performance leading to mission success.

Each business and program VA should have their own VA Resources Officers (while the "Venture Charter" exist): Business Manager (BRM), Financial Manager (FRM), Human Resources Managers (HRM).

Pay and benefits based on mission definition (can or cannot), performance (did or did not), and success (is or is not): So, success "NOT" you are fired, but "definition or performance not" could be a major cost savings victory. The VA can make change cutting-edge valuable. ...MoreStuff...

I liked my innovation/invention success comment ..., so I posted it in my journal for easier find/search retrieval.

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Innovation/Invention is always a success?

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  • Is a very bad ecconomic system that rewards what should be crime instead of invention and innovation. This is the entire reason for the "Marxist" in my name- not because I like his theories so much, but because the other option is so incredibly abysimal at supporting the people who actually do the creating.
    • Marx,

      Sometimes, I think we are twins in genetically different skins.
      Then you prove our disagreements within the frailty of reality,
      is just fun to think about in a personal disturbance vague way.

      If not for punctuation in lines above, equality would be lost.

      !HAVEFUN!

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