The slow adaption of innovations

When You Change the World and No One Notices, By Morgan Housel

It takes 30 years for a new idea to seep into the culture. Technology does not drive change. It is our collective response to the options and opportunities presented by technology that drives change

A good idea may take 30 years to seep into the culture. A truly great idea may take a little longer.  

Walter Shewhart developed a new paradigm for managing variation in 1924. In 1986, Dr. W. Edwards Deming stated it would be another 50 years (2036) before the full spectrum of Dr. Shewhart’s contributions has been revealed in liberal education, science, and industry.  

Deming’s contributions in applying Shewhart’s paradigm for reducing variation from the ideal were recognized by U.S. News and World Report as one of the nine turning points in world history and by Fortune Magazine as among the greatest contributions to business history. Dr. Deming was also nominated for a Nobel Prize in Economics.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s