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Fusion 2007: Innovation drives productivity in post 24x7 world

You can't work 25 hours a day. So several speakers at the Fusion 2007 CEO-CIO Symposium on Tuesday and Wednesday tried to drive home the point that "work smarter, not harder" is more than just an age-old mantra.

Michael Knetter, dean of the University of Wisconsin-Madison School of Business, summed it up: "When productivity grows, our standard of living goes up," Knetter said. To him, pro......

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As for the bottom line, Knetter said cost-benefit calculations are rightfully influential in deciding where to apply innovation efforts, but they can miss benefits down the line because IT innovation "opens up new vistas of innovation you couldn't have seen."

In other words, the business of innovation, unlike closed-ended capital investments or improvements, can lead to entirel......

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'"/> By Jason Stitt 02/28/07

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