The Innovation Show

Latest Episodes:

Transforming Legacy Organizations: Turn your Established Business into an Innovation Champion to Win the Future with Kris Østergaard May 14, 2020

Show notes

Kris Østergaard provides real-world advice and research-based information on how to grow innovation by employing new technologies, improving processes, and establishing a culture of creativity and forward momentum.

Conventional business wisdom views innovation as the biggest advantage startups have over large, established organizations, often referred to as legacy organizations.

This belief is false, especially when considering that 70% of all startups fail within 20 months of their first venture round. The truth is innovation initiatives of legacy organizations have far better chances of succeeding.

Organizations with superior resources—money, customers, suppliers, data, employees, infrastructure—can overcome challenges from new entrepreneurial ventures: knowing how to leverage their underutilized advantage is key for achieving sustained, long-term innovation success.

More about Kris here:

https://krisoestergaard.com/

https://su.org/about/faculty/kris-ostergaard/

The Neuroscience of Fear with Friederike Fabritius May 10, 2020

Show notes

Our bonus guest is a neuroscientist and pioneer in the field of NeuroLeadership. She trained at the Max Planck Institute for Brain Research and is a McKinsey consultant; she delivers brain-based leadership programs to Fortune 500 executives and organisations around the globe to transform how they think, innovate, and navigate change.

Her book "The Leading Brain: Neuroscience Hacks to Work Smarter, Better, Happier" has been translated into several languages and received many awards and that book was the focus of episode 86 of the Innovation show.

Neuroscientist and author Friederike Fabritius shares how fear makes us think less effectively and changes both our physiology and our neurochemistry.

We discuss:

The Neuroscience of Fear
The Neurochemistry of fear
How our thinking is less effective
How the Covid-19 pandemic is affecting us
Concerns for the post Covid-19 world

More about Friederike https://www.fabulous-brain.com/

Never Go with Your Gut: How Pioneering Leaders Make the Best Decisions and Avoid Business Disasters with author Gleb Tsipursky May 06, 2020

Show notes

Want to avoid business disasters, whether minor mishaps, such as excessive team conflict, or major calamities like those that threaten bankruptcy or doom a promising career?

Fortunately, behavioural economics studies show that such disasters stem from poor decisions because of our faulty mental patterns - what scholars call "cognitive biases" - and are preventable.

Unfortunately, the typical advice for business leaders to "go with their guts" plays into these cognitive biases and leads to disastrous decisions that devastate the bottom line. By combining practical case studies with cutting-edge research, Never Go With Your Gut will help you make the best decisions and prevent these business disasters.

Our guest is a leading expert on avoiding business disasters and draws on over 20 years of extensive consulting, coaching, and speaking experience to show how pioneering leaders and organisations - many of them his clients - avoid business disasters.

You can find out more about Gleb here: https://disasteravoidanceexperts.com/

Lead from the Future: How to Turn Visionary Thinking Into Breakthrough Growth with Mark Johnson Apr 30, 2020

Show notes

"No matter how good the chief innovation officer may be, no matter how creative and entrepreneurial an innovation team, they cannot successfully create new market growth for an organisation unless the leadership team is directly involved in their work, guiding them with their long term vision and strategy, helping them to create the right processes to move their ventures forward and protecting them from competition from the core Absent that high-level attention, those ventures might never get off the ground." - Mark Johnson

We all know a visionary leader when we see one.

They're bold and prophetic and at the same time pragmatic.

They don't just promote change--they drive it, while inspiring and mobilising others to do the same.

Visionaries like Steve Jobs and Jeff Bezos possess a host of innate qualities that make them extraordinary, but what truly sets them apart is their ability to turn vision into action.

Our guest introduces a new way of thinking and managing, called "future-back," that enables any manager to become a practical visionary.

Addressing the many barriers to change that exist in established organisations, he presents a systematic approach to overcoming them that includes:

The principles and mind-set that allow leadership teams to look beyond typical short-term planning horizons
A method for turning emerging challenges into the growth opportunities that can define an organisation's future
A step-by-step approach for translating a vision into a strategic plan that teams can align around and commit to
Ways to ensure that visionary thinking becomes a repeatable organisational capability

We welcome Mark Johnson, founder of Innosight and author of "Lead from the Future Lead from the Future: How to Turn Visionary Thinking Into Breakthrough Growth"

More about the book: https://www.innosight.com/insight/lead-from-the-future/

The HBR article referenced during the episode: https://hbr.org/2020/04/leaders-do-you-have-a-clear-vision-for-the-post-crisis-future

EP 209: Managing your Brain in a Crisis with Dr. Daniel Amen Apr 28, 2020

Show notes

Today's guest in this bonus episode is an innovator in his field, a brain expert and bestselling author who is on the forefront of a new movement within medicine and related disciplines.

We discuss strategies to deal with the Covid-19 crisis and our brain health during periods of high stress and anxiety.

We discuss:

1. How fear impacts our decision making

2. Crushing ANTs (Automatic Negative Thoughts)

3. Understanding different brain types

4. How to manage stress/comfort eating

5. How to influence children during a crisis

More about Daniel here: https://www.amenclinics.com

The Humachine: Humankind, Machines, and the Future of Enterprise with John Wood Apr 22, 2020

Show notes

There is a lot of hype, hand waving and ink being spilled about artificial intelligence (AI) in business. The amount of coverage of this topic in the trade press and on shareholder calls is evidence of a large change currently underway. It is both awesome and terrifying.

What started as an inquiry into how executives can adopt AI to harness the best of human and machine capabilities turned into a much more profound rumination on the future of humanity and enterprise. It is a wake-up call for business leaders across all sectors of the economy. Not only should you implement AI regardless of your industry, but once you do, you should fight to stay true to your purpose, your ethical convictions, indeed your humanity, even as our organisations continue to evolve. While not holding any punches about the dangers posed by AI, today's guest uniquely surveys where technology is limited, and where the true opportunities lie amidst all the disruptive change that is currently underway.

Weak Human + Machine + Better Process > Strong Human + Machine + Inferior Process

More about John here:

https://thehumachinebook.com

The Innovator's Spirit: Discover the Mindset to Pursue the Impossible with Chuck Swoboda Apr 16, 2020

Show notes

Everyone wants to create new products and services, find new customers and markets, stay ahead of the competition, and work smarter instead of harder.

Yet with all the focus and attention on innovation, the term has become an overused buzzword rather than a real, tangible concept. If you want to seriously pursue innovation—you need to strip away the hype.

Real innovators need to transcend the existing ideas, rules, and patterns to discover exciting new outcomes. They must step outside the best practice box and get their hands dirty.

The spirit of a true innovator is rooted in wanting to do something that has never been done before, to solve problems that have never been solved, and to run through walls and leap over tall buildings to get there.

In his book, our guest—the retired chairman and CEO of Cree, a company that fundamentally changed the way people experience light and drove the obsolescence of the Edison light bulb—explains that innovation is fundamentally about people and tells us how to develop a mindset of creativity, risk-taking, and hard work.

We welcome author "The Innovator's Spirit: Discover the Mindset to Pursue the Impossible", Chuck Swoboda

More about Chuck: https://www.innovatorsontap.com

Part 7: Visa Founder and CEO Dee Hock: One from Many: VISA and the Rise of Chaordic Organisation Apr 12, 2020

Show notes

Part 7 explores Dee Hock's latest years from age 75-92 and his thoughts on what comes next.

This episode is my personal favourite.

Dee shares:

Competition and Cooperation
Thoughts on the future
The impact of future technologies
Parting advice for us all

Abstract:

52 years ago, our guest foresaw and implemented the foundations for the world's first trillion dollar organisation. Back then, Visa was little more than a set of unorthodox convictions about organisation slowly growing in the mind of a young corporate rebel.

Today, according to the Visa 2019 annual report, payments and cash volume for the year was a staggering $11.6 trillion dollars, transactions processed on Visa's networks totalled $138.3 trillion dollars and the year saw some 3.4 billion Visa cards in operation.

He is the man who imagined this reality, who had a once-deemed-impossible vision 52 years ago, a vision which has become a concrete reality today. He is a man who has a different view on what the next 50 years can deliver, but that vision will require a radical shift in mindset for every single one of us.

It is such an immense honour to welcome the founder and CEO Emeritus of Visa and author of the pioneering work "The Birth of the Chaordic Age" and its updated version "One from Many: VISA and the Rise of Chaordic Organization", Dee Hock.

http://www.deewhock.com/

Part 6: Visa Founder and CEO Dee Hock: One from Many: VISA and the Rise of Chaordic Organisation Apr 09, 2020

Show notes

Part 6 explores how Dee Hock created the conditions for Visa to emerge

Dee shares:

How such a complex organisation made and implemented decisions.
Self policing entities
The dispersion of innovations
Why Dee left Visa at the pinnacle of success
Restoring the 200 acres of wild land
Those 3 questions
The Sante Fe Institue
The New Odyssey at 65
Writing his book

Abstract:

http://www.deewhock.com/

You Are What You Read: Why changing your media diet can change the world with Jodie Jackson Apr 08, 2020

Show notes

Do you ever feel overwhelmed and powerless after watching the news? Does it make you feel sad about the world, without much hope for its future? The world is not as bad as the headlines would have you believe.

Today's guest has spent the last ten years researching the damaging impact of the negativity bias in the news on our mental health and the health of our society, as well as investigating the impact of solutions-focused news. Her widely cited research has made her an influential figure within the movement for "Constructive Journalism".

As a partner at The Constructive Journalism Project, she writes for established and emerging news platforms; speaks on panels with leading thinkers, academics and journalists; delivers workshops and training to journalists and regularly speaks at universities and media conferences around the world., we welcome author of "You are What You Read" Jodie Jackson

We talk:

How the information we consume informs our reality
The psychological impact of negative news
The opportunities of constructive journalism
How we can all adjust our media diets

More about Jodie here: https://jodiejackson.com

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