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The Innovation Show

Latest episodes

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May 6, 2024 • 1h 18min

Navigating Misinformation with Empathy: Misbelief with Dan Ariely

Author Dan Ariely discusses the psychology behind misinformation, emphasizing empathy in combating false beliefs. He explores the impact of stress, cognitive biases, and societal divides on spreading misbeliefs. Ariely shares personal experiences with disinformation and highlights the role of trust in addressing belief in conspiracy theories.
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May 4, 2024 • 59min

Unpacking Mindfulness and Positive Psychology with Ellen Langer

Ellen Langer, known as the mother of mindfulness and positive psychology, shares insights on achieving chronic health through mindfulness. Topics include pitfalls of social comparison, power of positive framing, psychological effects of labels, and transformative potential of mindful learning. She emphasizes the choice in interpretations of experiences and encourages a mindful approach to life's challenges.
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Apr 29, 2024 • 37min

Venture Building from Idea to Scale with Michael Nichols

Michael Nichols, Coauthor of the Corporate Explorer Field Book and Director of Corporate Ventures for MANN + HUMMEL, talks about the challenges of inside-out innovation in corporations, the importance of validating business models, and the role of customer problem identification. He also discusses the pitfalls of mistaking invention for innovation, steps towards achieving business model maturity, and strategies for sustainable growth within large organizations.
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Apr 25, 2024 • 55min

Ellen Langer - The Mindful Body Part 1

An Interview with Ellen Langer: The Power of Mindfulness in Health and Life   The script features an interview with Ellen Langer, the first woman to be tenured in psychology at Harvard. Known worldwide as the mother of mindfulness and the mother of Positive Psychology, she shares insights from her esteemed career and her latest book, 'The Mindful Body Thinking, our Way to Lasting Health'. Langer discusses her role in pioneering research in Mind Body Unity and emphasizes the importance of mindfulness as a way of enhancing health. She explains how attitudes and personal perspectives can often influence our physical and mental well-being, including how we perceive and treat stress, illnesses like cancer, chronic diseases and even factors like age and physical appearance. She emphasizes the power of perception, contextual considerations, and the important role that language plays in mediating our experiences.   00:00 Introduction to the Guest and Her Work 00:48 Understanding Mindfulness and Its Impact 01:34 Exploring the Concept of Mindfulness 02:25 The Power of Being Mindful 03:27 The Prevalence of Mindlessness 04:10 The Benefits of Noticing Change 05:24 The Journey to Mindfulness 05:47 The Impact of Personal Experiences on Research 06:40 Exploring the Mind-Body Unity Concept 08:25 The Power of Mindset in Physical Health 10:54 The Influence of Perception on Healing 11:32 The Role of Mind-Body Unity in Chronic Illness 19:05 The Power of Attention to Symptom Variability 23:40 Understanding and Addressing Addictions 28:50 The Impact of Perception on Sleep 28:57 The Power of Perception in Sleep and Attitude 29:37 The Impact of Clothing on Perception and Age 30:33 The Influence of Uniforms and Balding on Age Perception 31:41 The Mind-Body Connection and Personal Experiences 33:57 The Power of Placebos and the Challenge of Social Conditioning 39:27 The Role of Stress in Health and Disease 43:23 Challenging the Rules and Embracing Innovation 46:30 The Power of Language in Shaping Our Reality 52:16 The Illusion of Control and the Role of Risk in Decision Making   Ellen Langer, Social Psychology, Stress Management, Health Awareness, Thinking habits, Motivational Interview, Personal Development, Positive Psychology, Mind-Behaviour Connection, Chronic Health, Lifestyle, Habitual Behaviour, Carrying out tasks, Confidence Building, Empowerment   Find Ellen here:  https://www.ellenlanger.me
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18 snips
Apr 20, 2024 • 46min

Rita McGrath: Designing Organisations for Innovation and Growth

Rita McGrath, expert in organizational innovation, discusses designing structures for innovation with a permissionless approach. She explains competitive strategies like onslaughts and guerrilla campaigns, entrepreneurial leadership practices, and fostering a culture of opportunity-seeking. Rita advocates for intelligent failure and technology-driven management for human flourishing at work, teasing her upcoming book on organizational design.
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Apr 16, 2024 • 28min

The Power of Collective Intelligence with Simon Hill

The Power of Collective Intelligence with Simon Hill Harnessing Global Creativity for Innovation: A Wazoku Story   This episode examines the power of collective intelligence and open innovation, focusing on Wazoku, a company that facilitates innovation through technology. The discussion highlights a story where an individual from India solved a carbonated drink company's bubble manipulation challenge, exemplifying global problem-solving capabilities. Simon Hill, Wazoku's CEO, elaborates on the importance of embracing external ideas, utilising software for innovation efficiency, and fostering a culture that supports innovation. Emphasising the potential of AI and crowdsourcing, the narrative showcases examples where unexpected solutions emerged from non-obvious sources, including a violinist providing a solution for a potato chip company. The episode underscores the significance of asking the right questions, timing for ideas, and structuring organisations to tap into external creativity effectively.   00:00 The Spark of Innovation: A Global Call for Ideas 00:56 The Power of Crowdsourcing in Innovation 01:30 Introducing Simon Hill: Innovator and Corporate Explorer 02:09 Exploring the Nuts and Bolts of Challenge-Driven Innovation 02:56 The Role of AI and Technology in Shaping Innovation 08:19 The Human Element: Culture, Mindset, and Organisational Change 12:57 Harnessing External Ideas: The Case of Manish and Beyond 16:19 The Future of Work and Innovation: A Circular Ecosystem 23:56 Real-World Success Stories: From Violinists to Potato Chips 26:45 Wazoku: Envisioning a World of Collective Intelligence   Find Wazoku at www.Wazoku.com
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Apr 12, 2024 • 1h 1min

The Entrepreneurial Mindset Part 3 with Rita McGrath

In this extensive session with Rita McGrath, Aiden explores the timeless insights of McGrath's book on embodying an entrepreneurial mindset in businesses. McGrath emphasises the importance of continuous innovation, exploiting new opportunities, and building new competencies to stay competitive. The conversation covers key concepts like the significance of key ratios, creating new competence, understanding consumption chains, and the necessity of political savvy within corporate innovation. McGrath also introduces practical tools and frameworks for evaluating opportunities, managing resources, and adapting execution strategies. The dialogue includes examples like Amazon's innovation in delivery systems and Procter & Gamble's ventures, illustrating the application of these concepts in real-world scenarios. McGrath provides advice on overcoming common challenges in innovation, such as attracting the first few customers and navigating corporate politics effectively.   00:00 Welcome & Introduction to Timeless Business Frameworks 00:36 Exploring the Entrepreneurial Mindset and Innovation 02:03 Key Ratios: The Secret to Competitive Advantage 06:15 Stratification Mapping: Unveiling Business Asymmetries 08:39 The Art of Championing Innovation Within Corporations 15:16 Navigating Corporate Politics for Innovation Success 23:13 Asset Parsimony: Thriving with Limited Resources 25:40 Real Options Reasoning vs. Net Present Value 31:24 Exploring the Ecosystem of Options 31:56 The Future of Remote Work Technologies 32:31 Investing in Positioning Options 33:51 Scouting and Stepping Stones: Navigating Uncertainty 35:09 Leveraging RFID Technology: A Case Study 38:05 Resource Allocation and Organisational Structures 42:17 Competitive Insulation and the Direct-to-Consumer Boom 46:22 Adaptive Execution and Discovery Driven Growth 54:22 Understanding Customer Consumption Chains 58:20 Concluding Remarks and Additional Resources   Find Rita: www.RitaMcGrath.com
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Apr 7, 2024 • 31min

The Entrepreneurial Mindset Part 2 with Rita McGrath

In part 2 of The Entrepreneurial Mindset, Rita McGrath, discusses the concept of the entrepreneurial mindset and the power of consumption chain analysis for businesses seeking to differentiate and innovate.    Rita illustrates how understanding each step of a customer's journey, from need identification to product disposal, can unveil numerous opportunities for innovation and competitive advantage.    She shares insightful examples ranging from grocery shopping to the historical battle between Betamax and VHS, highlighting the importance of aligning each step of the consumption chain to customer needs and preferences.    She also touches on the significance of resegmenting markets and reconfiguring industries to capture new opportunities, using examples from automobile insurance and manufacturing.    The episode offers a deep dive into how companies can apply these concepts to drive growth, challenge assumptions, and transform their competitive landscapes.   00:00 Welcome & Recap of Part One 00:30 Diving Deeper into Consumption Chain Analysis 01:12 Exploring Customer Choices and Consumption Chains 02:30 The Importance of Understanding the Customer Journey 05:41 Learning from Failure and the Power of Networks 08:53 Innovative Case Studies: Progressive Insurance and Beyond 13:18 Resegmenting Markets for Competitive Advantage 19:05 Reconfiguring Markets: Evolutionary to Revolutionary Changes 23:52 The Five Whys Technique and Citibank's Strategic Move 30:10 Closing Thoughts and Where to Find More   Find Rita: www.RitaMcGrath.com Find Valize: www.   Find Aidan McCullen for Keynote talks on Innovation, Transformation and Change: www.AidanMcCullen.Com   More on the Innovation Show: www.TheInnovationShow.IO      
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Apr 5, 2024 • 56min

The Entrepreneurial Mindset Part 1 with Rita McGrath

Harnessing the Entrepreneurial Mindset for Innovation and Growth This script delves into a conversation with Rita McGrath, author of 'The Entrepreneurial Mindset,' exploring principles for thriving in rapidly changing environments. McGrath shares her personal journey from industry to academia, emphasizing the importance of understanding practical business applications. The script covers themes such as the importance of an entrepreneurial mindset in recognizing and acting on business opportunities, detailed methodologies for product differentiation, and strategies for business model innovation. McGrath discusses her work on attribute mapping and quizzing as tools for identifying customer needs and creating blockbuster products. The narrative extends to strategic management under uncertainty, leveraging insights from evolutionary economics, and the challenge of disruptive innovation. The script concludes with McGrath highlighting software solutions, like Sparc Hub, designed to facilitate the operationalization of these concepts within organizations. 00:00 Unlocking the Entrepreneurial Mindset: A Guide to Innovation 01:15 From Political Campaigns to Digital Transformation: Rita McGrath's Journey 08:10 The Evolution of Strategic Management and the Birth of Disruptive Innovation 14:42 Embracing the Entrepreneurial Mindset for Future Success 18:22 Crafting the Entrepreneurial Frame: Setting the Stage for Innovation 31:57 Exploring Autonomous Technology in Military Operations 32:40 The Future of Autonomy: Removing Humans from the Equation 33:21 Redefining Transportation and Ownership in an Autonomous World 33:38 Opportunity Inventory: Identifying What's Ready for Innovation 33:58 The Human Factor in Innovation and Transformation Efforts 34:25 Designing Blockbuster Products and Services 34:50 Attribute Mapping: Aligning Offerings with Customer Needs 35:38 Understanding Customer Behavior Beyond Demographics 37:08 The Power of Non-Negotiables, Discriminators, and Exciters in Product Design 38:29 The Evolution of Product Features: From Exciters to Non-Negotiables 45:41 Staying Ahead of High-Impact Trends and Competitive Changes 50:54 Quizzing Methodology: Uncovering New Opportunities for Differentiation 54:33 Closing Remarks and Where to Find More Information Find Rita: https://www.ritamcgrath.com Find Valize: https://www.valize.com
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Apr 2, 2024 • 16min

Transforming Ideas into Action with Stuart Laws

Innovating Within the Military: Challenge-Driven Innovation and Connected Intelligence This episode of the Corporate Explorer, recorded in London during the launch of the Corporate Explorer field book and powered by Wazoku, features Stuart Laws from the UK's Defense Innovation Unit. The discussion explores how challenge-driven innovation has transformed problem-solving within the military, moving away from a traditional idea-generation model to one that actively involves business units in framing their issues for more scoped and implementable solutions. Laws highlights the shift towards a more inclusive innovation approach, engaging employees, suppliers, startups, universities, and leveraging Wazoku's connected collective intelligence of over 700,000 global problem solvers. The episode also delves into the human aspects of innovation, including the creation of stakeholder personas to better understand and influence decision-makers, and the serendipitous discovery of solutions through cross-sector collaboration and challenge-driven initiatives. Laws shares insights on the necessity of a collaborative mindset in innovation, bringing public and private sectors together for impactful outcomes. The successes of this approach are exemplified in real-world applications, such as providing 5G coverage in hard-to-reach areas through a partnership between Defence, BT, and academic contributions. 00:00 Welcome to the Corporate Explorer: Innovating with Wazoku 00:43 Introducing Stuart Laws: Innovating in the Military 01:41 The Power of Challenge-Driven Innovation 04:12 Cross-Sector Innovation: Bridging Industries for Better Solutions 09:14 Marketing Personas: A Game-Changer for Innovation 12:55 Finding Solutions in Unexpected Places: The BT Story 15:13 Wrapping Up: The Future of Innovation with Wazoku Find Stuart here: https://ideashadowcoaching.com

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