What Entrepreneurs Could Learn from Detroit

September 7th, 2011 - By TheEditor

(Inc.) — Detroit’s game plan is one that can be embraced by all of us, whether we’re running a start-up, governmental agency or a family.  The same principles that will rekindle the soul of Detroit are the ingredients that will enable you to accelerate growth, slay dragons, and change the world:  Double Down on Innovation.  In today’s hyper-competitive world, creativity has become the currency of success.  Detroit is in the midst of shattering conventional wisdom and reinventing itself from the ground up.  When Ford Motor Company was facing the same seemingly insurmountable challenges as its competitors, it doubled down on innovation.  They got back to creating instead of simply managing.  The results?  Record profits and a bright future.  When your company or career is on the ropes, unleashing your creativity is job No. 1.

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