As crazy as it sounds now, rumor has it that in 1902, thecommissioner of the Patent and Trademark office recommended thatthe office be closed. His reason? He was pretty sure that anythingthat could be invented had already been invented. Truth or fable,it makes you think twice about innovation and change.

And as much as we are all aware of change and know on a certainlevel that it's inevitable, we often fall into a trap of not trulyappreciating how much different tomorrow will actually be,especially when it comes to the boundaries of our businesses.

When it comes to our businesses, there are two boundaries thatare most relevant. The first boundary is defined by what weperceive to be the needs of our clients. And with that boundaryestablished, we then set the second boundary of “what we do,” to bealigned with the first.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.