Innovation System at Silicon Valley Firms

Relentless Growth Attitude

Leaders in the Silicon Valley inject the Relentless Growth Attitude into the firms. "This attitude establishes a context within which corporate executives lead by setting direction, developing entrepreneurial strategies, securing resources, defining organization architecture, and ensuring that learning occurs."

The competitive environment in the Valley literally demands → Innovation . "Without it, you don't grow – and in the Valley, if you don't grow, you die. Relentless growth is a requirement, not a choice," says Chiristopher Meyer.

→ Surprise to Win: 3 Strategies

Relentless Venturing Attitude

Too many companies are consumed with what they have done and where they've been. "In contrast, Silicon Valley companies are excited about what they haven't done and where they haven't been."

→ Failure in the Valley is understood to be an integral aspect of the growth process. VC investors, venturepreneurs, and technologists will readily abandon a company or technology that looks unlikely to thrive, using what they have learned to jump-start the next innovation effort.

Failure as a Primary Vehicle for Success

→ Freedom to Fail

What makes Silicon Valley so successful as the engine of high-tech growth is the Darwinian process of → failure . Commentator and author Mike Malone puts it like this, 'Outsiders think of Silicon Valley as a success, but it is, in truth, a graveyard. Failure is Silicon Valley's greatest strength. Every failed product or enterprise is a lesson stored in the collective memory. We don't stigmatize failure, we admire it. Venture capitalists like to see a little failure in the résumés of → Entrepreneurs .'... More

Organizational Structures

In traditional firms organizational structure defines the framework within which work occurs. Silicon Valley firms use the work to define organization's structure. These structures are flat, flexible, and adaptive. Reorganizations happen naturally and frequently Silicon Valley firms as they constantly reinvent themselves to meet the latest challenge.

→ Innovation-friendly Organization

  Innompic Games 

Benefits  ●  Venture Development

Song "I Have a Difference To Make!"

→ Inspirational Leader: 10 Roles 

Creative Leadership  >>  DOs and DON'Ts

Constructive Competition

→ Inspiring Culture: 5 Elements 

Dell's Culture of Owners  >>  Fast-Paced

The Fun Factor