“Innovation almost always is not successful the first time out. You try...” — Clayton M. Christensen Quote

“Innovation almost always is not successful the first time out. You try something, and it doesn't work, and it takes confidence to say we haven't failed yet... Ultimately, you become commercially successful.”

“Efficiency innovations provide return on investment in 12-18 months. Empowering innovations take 5-10 years to yield a return. We have ample capital - oceans of capital - that is being reinvested into efficiency innovation.”

“I brought one big question with me to Harvard. Why do smart companies fail?”

“When we started, there was lots of formalwear made with quality fabrics, but Loro Piana's innovation was to use these in casualwear, too.”

“There is a premium on innovation and commercializing new ideas.”

“I think that somebody with the resources and innovation and the idea is going to come out of nowhere and come up with a successful space travel program.”