The models in the marketplace are undergoing major paradigm shifts. The extent and the consequences are quite unknown. He'd like to see more imagination and better ideas in today's market. Too many business plans come across the desk that look the same. There are too many products that are incrementally better than the one that came out last year, but they are not truly creative.
Talent is scarce.
He says engineering talent is important, but the real value lies in its application. They didn't invent computers, software, or the Internet. They just applied it in a creative way. Despite the Internet revolution, people still hold on to many of the same concepts of business that they did more than 100 years ago, when Fredrick Taylor invented the organizational chart. All of those boxes defining employee roles are disappearing and merging, he says.