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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?


To: axial who wrote (32104)11/17/2009 12:44:30 PM
From: Frank A. Coluccio  Read Replies (1) | Respond to of 46821
 
Some interesting readings, Jim. Thanks. You noted:

"Invention is a wonderful and useful process. But the practice of invention has been frustrated by corporate predation on the rewards."

From another perspective, innovation is routinely stifled in many parts of Corporate America by yet another family of favored fall-backs, "best practices" and SOPs, since these highly-revered panaceas often outgrow their usefulness (and frequently become counterproductive) far in advance of anyone getting around to changing or updating them in the books. We're now at a point whereby most IT departments (sizable one, at least) won't allow their employees any form of creative latitude at all, much less permit them to change an operating practice until their top vendors tell them how they're going to do and it's ok to do so in the first place.

While there may be some (perhaps even many) legitimate reasons for this, to varying degrees, there are also an awful lot of babies getting tossed into the ditch along with the bathwater, as well, for fear of repercussions that result from violating corporate edicts. Some examples of this that I've personally seen are truly pathetic, sometimes resulting in millions of dollars being wasted on labor, materials and afterwork. But, as they say, That's show biz!

Bottom line in many cases: There's an unwritten understanding among hired guns and their underlings that they can't easily grow their corporate silos into empires and individual fiefdoms if their missions are reduced, much less if they're deemed to be not needed at all. And so it goes.

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