How Society Impedes Innovation - What Can We Do About It?
Governments, industries, crafts and trades, individual companies and groups of people have a long history of taking action to prevent the use of inventions which can improve industrialization and productivity. This month we will discuss the long-term cost of this, and how we can help our clients understand and possibly deal with those issues.
Beginning in the first century, rulers and governments refused to allow labor-saving inventions and "technologies" to be used out of fear they would cause people to lose their jobs and fall into poverty. In many cases the workers themselves revolted. Not until the late 18th century, when Britain feared other nations surpassing it, was automation allowed to take hold. In the 200+ years since, the growth and spread of automation - and now Artificial Intelligence - has been slowed and, in some cases halted, by unions, companies, industries, and even countries, acting in (what they think is) their own interest. This has resulted in some short-term benefits, but great long term economic loss.
Are there ways our clients can make innovative, positive changes to mitigate the short term effects and allow them to get the long term benefits? How can we advise and help them? This will be the objective of our discussion.
Our discussion leader will be Norman Eckstein CMC, FIMC, President of Eckstein Management Consulting.
Please try to attend. If you cannot attend in person, you can participate through a Zoom conference room that we will open by 7:45. Use this link at that time: https://www.zoom.us/j/560-001-342
This is one of our three monthly breakfast meetings.
We offer three locations throughout the Greater Chicago Area
First Friday ABC - Northbrook @ Max & Benny's
Second Friday ABC - South Barrington @ Panera in the Arboretum
Third Friday ABC - OakBrook @ Corner Bakery in OakBrook Mall
Our ABC meetings are interactive discussions, so come prepared to participate. Members engage in high level networking with colleagues to perfect our craft and build stronger relationships. We provide insights to help you grow your business and enhance its success. Feel free to invite a guest, especially a prospective IMC member, to attend.
There is no charge to attend our meeting - each person is responsible for the cost of your own breakfast.