Howard Yu

In this insightful discussion, guests Sangeet Paul Choudary, platform strategist and author; Alex Osterwalder, creator of the Business Model Canvas; and Howard Yu, innovation scholar, delve into AI's transformative impact on business. They highlight that 95% of GenAI projects fail due to a focus on tools over models. The trio discusses the importance of visionary leadership, modular organizational structures, and embracing failure to foster innovation. They also explore the internal resistance corporate antibodies pose to new ideas and the need for better resource allocation in a rapidly evolving landscape.

Howard Yu, Lego Professor of Management and Innovation, discusses the enduring competitive advantage of pharmaceutical companies in Basel, Switzerland. He highlights the evolution from chemical dyes to microbiology, emphasizing the importance of repackaging knowledge for innovation. The episode explores the key elements of strategy, innovation, and long-term competitiveness in the pharmaceutical industry.

Howard Yu, the LEGO Professor of Management and Innovation, and Peter Hinssen, an entrepreneur and author, explore navigating disruption in a rapidly changing world. Yu emphasizes that future-ready companies excel at both short-term performance and long-term transformation, highlighting the crucial role of software in the automotive industry. Hinssen introduces the concept of the 'never normal,' advocating for adaptability and continuous foresight. Both guests stress the need to eliminate outdated practices, urging leaders to foster innovation and embrace change.