These paragraphs come from Energy sector poised for innovation — with the right spark by Bill Gates and Chad Holliday, (Washington Post, Friday, April 23, 2010)
This country runs on innovation. The American success story — from Ben Franklin’s bifocals to Thomas Edison’s light bulb to Henry Ford’s assembly line to today’s advanced microprocessors — is all about inventing our future. The companies we ran, Microsoft and DuPont, were successful because they invested deeply in new technologies and new ideas.
But our country is neglecting a field central to our national prospect and security: energy. Although the information technology and pharmaceutical industries spend 5 to 15 percent of their revenue on research and development each year, U.S. companies’ spending on energy R&D has averaged only about one-quarter of 1 percent of revenue over the past 15 years.
And despite talk about the need for “21st-century” energy sources, federal spending on clean energy research — less than $3 billion — is also relatively small. Compare that with roughly $30 billion that the U.S. government annually spends on health research and $80 billion on defense research and development.
The core force of innovation — vision, experimentation and wise investments — has led to thousands of breakthroughs that benefit us all. A serious commitment to innovation can be transformative, as we saw with the effort to replace chlorofluorocarbons two decades ago. We need the same serious commitment in the energy sector to developing the original American energy supply: innovation.
(Bill Gates is chairman of Microsoft Corp. Chad Holliday was chairman and chief executive of DuPont from 1998 to 2009).
The full article is worth reading.
Acuity – Redefining Sales Cultures
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Acuity Upcoming Events — Serious Training for the Serious Sales Professional
(Both events will be held in Dallas, at the Acuity Headquarters)
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(Click here for information about this terrific opportunity)
And, meet our April, 2015 Sponsor
Tom Meyer, Dallas-based Certified Gazelles coach, invites you to an April 29 Scaling-Up Business Workshop at Bent Tree Country Club, designed to help leaders of companies and organizations make four key decisions about People, Strategy, Cash Flow, and Execution. Click here for more information about this workshop designed to help your business “scale up!”
And, Tom will offer a quick-look workshop on a few of the principles found in Scaling Up, the book by Verne Harnish, with special emphasis on the Personal One-Page Plan (a valuable take-away for all participants). Tom’s bonus session will be from 8:30-9:30, immediately following our regular session. The $15 cost for the bonus program includes a copy of the book.
Reading the handout, listening to the recording – it was “…like Power-Reading a Business Book”
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