Rita McGrath

In this insightful conversation, Rita McGrath, a Columbia Business School professor and innovation authority, joins seasoned executive Ron Boire to discuss the barriers to innovation in professional services firms. They highlight the pitfalls of assumption-driven initiatives and stress the importance of agile testing and small teams. The duo shares real-world examples, emphasizing the need for structured innovation processes and alignment with corporate strategy. They also introduce unique tools like Spark Club and Seeda to drive change and manage strategic initiatives effectively.

Rita McGrath, a renowned professor at Columbia Business School and best-selling author, discusses the transformative shift in organizational value creation. She explains how intangible assets now dominate the market, making traditional hierarchies obsolete. The conversation dives into strategic inflection points that can reshape industries and highlights the rise of ecosystem constellations of small teams as the new units of value creation. McGrath also introduces the 'memories from the future' methodology, helping leaders spot early warning signals in this rapidly evolving economic landscape.

Rita McGrath, an expert in innovation and growth and author of "Seen Around Corners," dives into the intriguing world of permissionless organizations. She discusses how to balance structure with autonomy to foster creativity. The conversation touches on recognizing strategic inflection points and the importance of optimism in navigating complex futures. McGrath also addresses the shift toward sustainable economic models and the need for community as we adapt to technological changes, ultimately embracing the transformative power of reflection in our lives.