Corporate culture: Dare to be bold
Chris Warren
Cultivating a corporate culture of innovation requires the freedom to fail.
For someone whose job it is to be innovative, Lee Stimmel is remarkably candid in assessing the quality of his ideas. "Ninety-percent of my ideas stink," he says with a laugh. Given Stimmel's career trajectory and his current position as the head of the recently launched Columbia Records Creative Agency, it's hard not to be at least a little skeptical of Stimmel's harsh verdict on the concepts that spring from his head.
Nevertheless, this acknowledgement by a business leader that...