A while ago, I published a piece titled "Beyond Innovation: Adding Adoption To Your Business Objectives," which started with the observation that we're damn lucky in the technology business. Innovation, particularly on the software side, moves faster than in other industries because of fewer physical constraints. Oh, sure, a few hard realities apply, such as the speed of light, or the amount of heat your overclocked gaming PC generates. Those constraints are trivial, compared to the limits of physics and chemistry that innovaters in other industries face.
As good as rapid, unconstrained innovation can be, it's not without its problems. Technology companies want to give the human source of these innovations, whom we'll call The Smartest Person In The Room, enough latitude to put their talent and creativity to work. And heck, since they're smart, why not put them in charge of things needed to bring their innovative ideas to market, such as the development team? Unfortunately, there is such a thing as giving highly intelligent people too much latitude.