"Silicon Valley innovators have uniquely learned how to define, design, and deliver innovation
with a massive degree of
flexibility and concurrency." 
~ Christopher Meyer, the author of Relentless Growth

  

Attributes of Effective Innovation    Relentless Growth Attitude    Stretching Innovation Portfolio    Gain Sharing

 

   

4 Distinctive Features of the Silicon Valley's Economy

  Growth in the Valley is driven by innovation

  The  Valley is  a knowledge economy knowledge work is the foundation of innovation

  High competitive intensity "A year here is worth seven years in other industries," say some executives

  A combination of a new work spirit the Growth Attitude and a new approach to innovation

 

10 Success Lessons

Amazon

Facebook

Google

 

   

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 Download PowerPoint presentation, pdf e-book. "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 Download PowerPoint presentation, pdf e-book

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 Case Studies. 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 Download PowerPoint presentation, pdf e-book.'... 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 Download PowerPoint presentation, pdf e-book