12 - The Power of Purple
"We're playing in a world that we take for granted; ‘innovating’ within a sandbox that was built 30 years ago. Nortel invented the digital world of communications in the 70s, a fibre optic world in the 80s, and created the first fully integrated smart phone in the 90s. … At its peak, Nortel’s valuation represented more than a third of the Toronto Stock Exchange (TSX). This was a direct result of incredible people accomplishing extraordinary things and should also serve as a wake-up call to the value of innovation and intellectual capital."