Discover the key to successful innovation. Join Tony Ulwick, author of the Jobs To Be Done Canvas, as he shares how to define markets, uncover customer needs, and develop winning products. Learn the power of focusing on job execution and get inspired to create impactful solutions.
Posted 1 month ago Tagged Bounded Diversity Business Strategy ChatGPT Corporate Explorers Corporate Ventures Entrepreneurship Hunting Zones Idea Generation Ideation Innovation Market Opportunities Proposal Quality Senior Sponsorship
Hunting Zones with Andrew Binns
Brought to you by Wazoku, the Corporate Explorer series is designed to uncover the depth of insight and experience within corporations, beyond management gurus and academics.
🌐 Episode Description: Join Andrew Binns in this insightful episode of “Hunting Zones,” where he explores the world of Corporate Explorers—innovative leaders who embark on the challenging journey of building new ventures within established organizations. In this episode, we delve into the crucial aspects of inspiring and guiding aspiring Corporate Explorers, offering actionable insights for success.
🚀 Episode Highlights:
Finding Inspiration: Discover where aspiring Corporate Explorers should seek inspiration and how to ignite the passion to solve customer problems within established organizations.
Guidance for Stepping Forward: Explore valuable guidance for encouraging Corporate Explorers to step forward and take on the challenge of building new ventures.
Increasing Proposal Quality: Learn effective strategies to increase the odds of generating high-quality proposals that align with business strategy and attract senior sponsors’ support.
Getting Started: Uncover practical tips on how to get started on the challenging road of corporate innovation and guide the energy of budding innovators toward lucrative market opportunities.
Hunting Zones Defined: Understand the concept of “hunting zones” as defined by Andrew Binss, which provide boundaries to innovative impulses, helping generate ideas in line with business strategy and more likely to attract investment.
🎯 Bounded Diversity Approach: Explore the concept of “bounded diversity” as a powerful approach to ideation within corporations. Learn how defining boundaries, or hunting zones, facilitates a free range of ideas, ensuring a strong connection to the business strategy and creating a win-win situation for idea generators and investors.
🔍 Case Study: Nvidia’s Success Story: Delve into the success story of Nvidia, led by CEO Jensen Huang. Learn how the company shifted into new market areas, building a software ecosystem alongside its traditional semiconductor business. Discover how Huang strategically defined hunting zones in gaming, autonomous vehicles, enterprise computing, and scientific computing, guiding his team towards innovative solutions and significant growth.
Tune in to “Hunting Zones with Andrew Binns” for a captivating exploration of corporate innovation, insightful strategies, and real-world success stories. Whether you’re an aspiring Corporate Explorer or a business enthusiast, this episode offers valuable perspectives on navigating the dynamic landscape of corporate ventures. 🎧✨
Wazoku helps large organizations create effective, sustainable innovation ecosystems that accelerate efficiency gains and new value growth. It does this through intelligent enterprise software that connects and harnesses the power of employees, suppliers, start-ups, universities, and the unique Wazoku Crowd of 700,000+ global Problem Solvers.
Wazoku calls this ‘connected collective intelligence’
Find Wazoku at www.Wazoku.com
Posted 2 months ago Tagged Andrew Binns Bottom-Up Pressure Business Innovation Change Management Corporate Excellence Corporate Explorer Corporate Innovation Creative Thinking Digital Transformation Disruptive Innovation Executive Education Exploration Future Trends Industry Growth Innovation Innovation Culture Interest Groups Leadership Manifesto Execution Organizational Change Podcast Portfolio Allocation R&D Investment Scenario Planning Strategy Strategy Manifestos Success Stories Thought Leadership Wazoku
Welcome to part 2 of the Corporate Explorer series.
In this episode, titled “Strategy Manifestos,” join Andrew Binns as he delves into corporate exploration, sharing insights from the Corporate Explorer Fieldbook.
Brought to you by Wazoku, the Corporate Explorer series is designed to uncover the depth of insight and experience within corporations, beyond the realm of management gurus and academics. In May 2022, Andy attended a conference at Bosch that sparked the inspiration for this episode, revealing the wealth of knowledge within corporations about corporate exploration.
The episode kicks off with a discussion on turning high-level corporate statements into empowering Strategy Manifestos. Co-authored by long-time client Andreas Brandstetter, Chapter 1 explores the crucial role of manifestos in aligning senior leaders on strategic ambitions and communicating these ambitions effectively.
Andy shares personal experiences as a corporate explorer, emphasizing the importance of a clear strategy. The Strategy Manifesto, while not a replacement for detailed strategy plans, makes explicit the company’s strategic choices and provides the rationale for those decisions.
Discover the key element of the manifesto – portfolio allocation. Learn how companies can change their approach to R&D investment to focus on cross-business priorities, including areas of withdrawal or deliberate non-entry.
Moving on to the execution of the manifesto, Andy outlines five steps: developing a point of view, assembling facts and perspectives, drafting and iterating, addressing disagreements, and adapting for different audiences.
The episode concludes with five powerful approaches for corporate explorers to trigger change within their organizations. From outside-in exploration to cultivating sponsors, each approach requires time and commitment but holds the potential to create bottom-up pressure that shifts action at the top.
Tune in to “Strategy Manifestos” by Andrew Binns, part of the Corporate Explorer series sponsored by Wazoku, and gain actionable insights into driving innovation and strategy within your organization. Don’t miss this opportunity to explore the uncharted territories of corporate excellence!
For those interested in Wazoku, find Wazoku at www.wazoku.com