The Innovation Show

In part 2 of our series to honour the work, life and theories of Clayton Christensen, Joseph Bower unpacks that famous HBR article, "Disruptive Technologies: Catching the Wave" This article spawned the book, "The Innovator's Dilemma" Joe Bower s the father of "Resource Allocation theory" included in his 1970 groundbreaking book, Managing the Resource Allocation Process. He has been a leader in general management at Harvard Business School for over five decades where he is the Donald K. David Professor Emeritus. He was Clayton Christensen's doctoral thesis adviser and worked with Clay to develop and stress-test his theories. Just some of the topics covered in this episode: 00:00:00 Intro 00:01:46 Managing Resource Allocation 00:02:57 Dissertation Supervisor for Clayton Christensen 00:04:11 Traits of Great Leaders 00:06:19 Resource Allocation 00:08:44 Group Decision Making 00:26:56 The Human Element of Change 00:46:46 Advice for Changemakers and Leaders 00:51:25 Getting People to Change Their Mind 00:56:29 Final Thoughts on Clayton Christensen

Matthew Christensen, expert on management decisions and leadership in the face of disruptive technologies, discusses the innovator's dilemma and the challenge of balancing established businesses with disruptive technologies. Also explores the importance of family, teaching children independence, sustaining and disruptive innovations, creating solutions before identifying problems, and the importance of sustainability in innovation.

Today's book takes a fresh perspective on what it takes for people to flourish in the workplace. Our guest suggests that when we focus on neurodiversity, we respect people's deeper drives and motivations, and then companies will naturally achieve better results as a side effect. One thing we must keep in mind is that neurosignatures shouldn't be thought of as static. Our neurosignatures change throughout the day. When I get out of bed in the morning, my testosterone neurosignature is very high. But by evening, it's almost nonexistent. I don't want to conquer my goals at eight at night; I want to watch Netflix and chill. We welcome back a great friend of the show, Friederike Fabritius, a multiple-time guest with her WSJ best seller: The Brain-Friendly Workplace. Find Friederike here: https://friederikefabritius.com

The story of language is the story of humanity; the new understanding of language that our guests outline in this book radically revises our conception of ourselves. In today's book, our guests outline a revolutionary perspective that overhauls almost everything we thought we knew about language. We will hear how the game of charades reveals deep insights into how language works. We'll hear how our brain can improvise linguistic 'moves' at an astonishingly rapid rate. We'll hear how languages are in continual flux, how people without a common tongue can rapidly create a language from scratch, and why it's likely that language has been independently reinvented countless times. We will realise how the creation of language is not only essential but also changes the nature of evolution. It's a pleasure to welcome the authors of "The Language Game- How Improvisation Created Language and Changed the World", Nick Chater and Morten H. Christiansen. Find Nick here: https://www.wbs.ac.uk/about/person/nick-chater/ https://twitter.com/nickjchater Find Morten here: https://csl-lab.psych.cornell.edu https://twitter.com/mh_christiansen

Senior leaders often want to know how they can build an environment to allow innovation to thrive. In order to do that, they first need to realise that business activities live on an uncertainty continuum - that we call the Explore-Exploit Continuum - and that creating new growth engines and managing existing business(es) are on opposite ends of this continuum. A better understanding of the Explore-Exploit Continuum will help executives and innovation teams put in place the right investment and management processes, the required skill set and culture to explore new business ideas as successfully as they exploit current businesses.

As a cognitive device, STORY is so woven into our language and thought process that it is inextricable. Since thought is at the heart of one's life experience, it's your stories—the ones you tell yourself habitually, for days, weeks, months, years, and even decades, that either move you closer to your goals and ideals or tragically, push them further away. Building upon his prior works and leaning upon advanced theories of thought and meta-cognition, Grunburg produces an epic finale and at the same time, introduces an innovative and simplified behaviour change model already impacting the coaching and behaviour change professions. Find Martin here: https://thehabitfactor.com

It is a pleasure to welcome back the author of "Banks and Fintech on Platform Economies: Contextual and Conscious Banking " Paolo Sironi, welcome to the show Evolving bank business models on outcome economies, resolving the tension between information and communication, which requires overcoming the fears of abandoning the shore of established operational models, and all the products and services rendered. In the dark of the new digital, financial and economic normal, only a crisp and clear vision can guide all stakeholders in the transformation effort. Furthermore, the regulators need to be aligned on the new digital strategies that will ferry the whole industry to more sustainable shores. What is needed is a business map and a compass to guide the navigation. The map is the Banking Reinvention Quadrant (BRQ), and the compass pointing to the North Star of higher business value is the theory of Financial Market Transparency (FMT)

Co-author of "Eat Sleep Innovate", Paul Cobban, shares the importance of reframing your competitive set and the concept of MOJO Meetings and Wreckoon. Singapore's DBS Bank has been voted the world's best bank for five years in a row! It wasn't always like that. Today's guest remembered his first day at DBS in 2009: when he asked his taxi driver to take him to DBS, the driver said, "Ah, DBS—Damn Bloody Slow," referring to the notoriously long queues that plagued its ATMs. We are joined today on Innovation Bytes by the man who led the transformation from Damn Bloddy Slow to the best bank five years in a row. He is also the co-author of Eat Sleep Innovate with a friend of the Show, Scott D Anthony. He is going to share some nuggets about the transformation It is a pleasure to welcome Paul Cobban. Find Paul here: https://paulcobban.com/book/

The work of Clayton Christensen changed my worldview and, ultimately, my life. I have been lining up all his co-authors to celebrate his life and share his theories. We have been interviewing each of these great thinkers over the last few months and into 2023. We will bring you each of those episodes in chronological order of his book releases. It includes Matt Christensen, Clay's son and CEO of Rose Park Advisors, Rita McGrath, Joseph L. Bower, Michael Raynor, Scott D. Anthony Hal Gregerson, Taddy Hall Bob Moesta, Michael B. Horn Efosa Ojomo and Karen Dillon. Coming Jan 23, 2023

While the mechanistic work mindset has spurred huge growth and riches for many, it's an approach that has masked a fundamental truth: Rather than a machine, organizations are living, dynamic systems that can't be programmed. Instead, they thrive through relationships, adaptive structures, diverse networks of people, the spaces they occupy, the tools they use – and so, so much more. For our guests– the answer to a better world lies in The Nature of Work Mindset: a new language inspired by forests and other elements of the natural world. This new vocabulary helps us to perceive work in a more dynamic way, to move away from the 'organization as machine' model and towards an 'organization as organism' view. We welcome Paul Miller and Paul Miller. Find Paul and Shimrit here: https://digitalworkplacegroup.com