Originally posted in our September 2024 Top of Mind Newsletter.
The HBR article “The Discipline of Innovation” underscores the need for structured approaches to foster sustainable, innovative growth. In it, Peter Drucker identifies key sources of innovation, such as unexpected occurrences, incongruities, and industry changes.
Applying these principles to community entrepreneurship is vital to enhancing local economic development. By systematically exploring opportunities and leveraging local resources, community entrepreneurs can drive impactful, culturally relevant innovation, ultimately creating vibrant and resilient economies.