“Fail once, and you have a failure. Fail twice, and you have two failures. Fail three times, and you have developed an asset for the future : experiential capital!” – #Futurist Jim Carroll
on #innovation In a world in which Apple generates 60% of its revenue from products that didn’t exist four years ago, it’s critically important that an organization constantly enhance the skill, capabilities and insight of their people. They do this by constantly working on projects that might have an uncertain return and payback – but which will provide in-depth experience and insight into change. It’s by understanding change that opportunity is defined, and that’s what experiential capital happens to be. In the future, it will be one of the most important assets you can possess.