Difficult Quote by Lynne Doughtie
“If you truly want to innovate, there will be some failures, and this can be difficult for some organizations - especially public companies managing quarterly earnings.”
About This Quote
Innovation inevitably brings failures, which can be especially painful for publicly traded firms pressured by quarterly results.
In simple terms: Innovation risks clash with short‑term profit pressure.
Failure is part of innovation, especially under earnings pressure.
Themes
Mood
Type
When to use this quote
- tech startup product launch
- pharma R&D pipeline
- retail chain digital transformation
Key Concepts
Practical Applications
- Allocate separate innovation budgets insulated from quarterly metrics
- Communicate failure as learning to investors
Questions to Reflect On
- How can firms protect innovators from earnings pressure?
- What metrics capture long‑term value without penalizing failure?
Isolation may reduce accountability and lead to wasteful spending.