Future Tense event recap: Innovation where you least expect it.
SlateIf President Abraham Lincoln built your company in 1862, simply maintaining the status quo isn’t acceptable. On March 8, Fritz, the chairman, CEO, and president of Union Pacific Railroad, joined Crow, president of Arizona State University, and New America CEO Anne-Marie Slaughter for a Future Tense conversation on the challenge of innovating at large, complex organizations that have been around for a while. “It’s a rare human that runs to put more energy in and runs to the challenge.” Michael Crow blew up Arizona State University in a different way. “If Abraham Lincoln is the creator of your company, ‘meh’ doesn’t really cut it.” Reconfiguring a university means reexamining that university’s purpose. You operate under a philosophical driver that questions “what would a people’s university look like, in the democracy called the United States of America, which was accessible and committed to the success of our economic democracy?” An institution that has existed for a long time or lived entrenched in the same model faces other implicit barriers to change besides finding a different motivation or philosophy, Slaughter pointed out.