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Quote by Luke Johnson

“I have witnessed boards that continued to waste money on doomed projects because no one was prepared to admit they were failures, take the blame and switch course. Smaller outfits are more willing to admit mistakes and dump bad ideas.”

Quote by Luke Johnson

Author

Luke Johnson
Luke Johnson

Luke Johnson is a renowned British entrepreneur, born on February 2, 1962. He has extensive experience in the restaurant and entertainment industries, having founded and led several well-known companies. Johnson is known for his business acumen and innovative spirit, making a significant impact in the business community. more

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“Innovative efforts should never report to line managers charged with responsibility for ongoing operations. The new project is an infant and will remain one for the foreseeable future, and infants belong in the nursery. The 'adults', that is, the executives in charge of existing businesses or products will have neither the time nor understanding for the infant.”