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What Leaders Can Learn About Innovation From a Pistol Maker

And other sharpshooters who stuck with it

John Chester Buttre/Forbes

Engraving of Samuel Colt, 1885.

Chip Bell
Thu, 04/10/2025 - 00:02
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Innovation is vital to the success of all businesses. Innovate or perish is the new mantra. Leaders must perpetually reinvent their processes, products, and services, because they typically have multiple competitors offering similar offerings. Only through innovation can most organizations differentiate.

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“Innovation isn’t just a buzzword,” writes Total Nutrition Technology CEO Lourdes McAgy in a recent Forbes article. “It’s a tangible driver of business success. Innovation means continually seeking out new solutions and improvements.”

We often turn to brands like Amazon, Salesforce, or Tesla for models of innovative leadership. But could a famous pistol maker hold new secrets for organizations aspiring to be innovative?

 …

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