AIG

[tw]

Originally Posted by classicman

What drives innovation? ... Greed seems like the simplest answer to me.

Great innovators are not driven by greed. Yes, they want to be justly compensated later. But when working with those driven to innovative, greed is obviously a least significant factor. Accomplishment is the driving force.

Use Einstein as an example. Or Bill Gates. Or Bill and Dave (Hewlett and Packard). In every case, challenge and accomplishment was the overriding objective.

In studies, what was the number one reason for working? Satisfaction. Income was number three. World's greatest innovators are driven first and foremost by the challenge and resulting accomplishment.

Why are the most successful major companies lead by some of the lower paid executives? How to find a company most likely to be in trouble? Its executives are the highest paid. They are greedy rather than accomplished. Therefore they neither do nor promote innovation. Those most driven by greed tend to be the greatest enemies of innovation.