cross-posted from http://markruiz.typepad.com

Innovation is about value creation and realization, NOT JUST CONCEPTUALIZATION. As such, it actually means that you as an innovator must have brought something into the world for it to be considered a true innovation.

This brings me to one of my favorite statistics (whose numbers are based only on my gut feel to serve as an illustrative example).

So many people can think about it. A generous lot will also blabber and talk about it. But the curve immediately falls sharply once we classify those who have actually DONE SOMETHING ABOUT IT. Even less will actually make it work. But this is not the way to go. As my guru and mentor Jay Bernardo once shared, “An idea is not yours until you have acted on it.”