The IT industry or any for that matter needs to learn to adapt to many situations to survive the Global Business era. Here's a good read on how innovation can help companies to grow..
One point that became clear from the outset of the event was that for innovation to flourish, it must be led from the top. Cisco CEO John Chambers commented that a sled only goes as fast as the lead dog. Palmisano, gesturing to his own senior management in the room, said that another requirement of successful innovation is the "lowering of the centre of gravity". That means decentralising decision-making and empowering the individual, but senior management needs to have the courage to let go first.
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