Innovation in a Reinvented World: 10 Essential Elements to Succeed in the New World of Business

Facing the Facts: The Old Rules No Longer Work

It is one thing to talk about America's reinvention—write some policy and maybe even fund a few programs—but quite another to execute a full reinvention for the long haul. This requires a receptive culture for change, commitment from the top, focus on what to achieve and when, champions throughout the organization, project implementation teams, trainers and coaches for people who get stuck, measurements and reporting mechanisms, and recognition and rewards that are consistent and fair.

The United States has two options, either of which will change the course of this country for years to come:

1. We can aggressively take steps to relevel the playing field—what President Obama in his State of the Union Address called out-innovating, out-educating, and out-building the rest of the world.
2. We can choose to ignore what's happening—at our peril.