An Op-ed piece in the New York Times over the weekend pointed out that most innovation comes from people of maturity — the metaphoric “gray hairs” — and that the Mark Zuckerbergs and Bill Gates of the world are the exception.
In making the point, Tom Agan, an over-50 gray hair himself, points out that the five top-grossing films and two of the best-selling authors of last year were in the 40s-50s age category. He highlights that point with the example of Nobel Prize winners. For them the process of discovery usually develops over a period of years — generally around 20.
The author’s conclusion is that businesses going for short-term savings by hiring younger, less experienced talent to replace older hands may well be short-changing themselves in the process and losing out on the benefits of innovation that develops over the longer term.
Innovation and Age
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