Terry Jones Profiled in Successful Meetings

12.08.2009

Innovation is more important than ever as the country emerges from the "great recession," says 61-year-old Terry Jones, founder of Travelocity.com and chairman of Kayak.com.

"A lot of people confuse innovation with invention. According to Wikipedia, invention is the art of creating something new. Innovation is taking a good idea and putting it to work," he says.

That's exactly what Jones did when he created a web site through which consumers could check airfares, a first in the world of the Internet that was still in its infancy. His brainchild went on to become Travelocity, a national brand with more than 40 million members, 1,200 employees, and $5 billion in travel bookings at the time he left. Today, the company is even bigger. (Successful Meetings) > View article