Explore the transformative potential of Both/And Thinking in creative problem solving with Wendy Smith. Discover how embracing emotions drives innovation and gain practical tools to navigate uncertainty, broaden perspectives, and foster dynamic organizational change. Join us as we delve into real-world case studies and leadership insights to inspire paradoxical thinking in your organization.
Posted 1 month ago Tagged Aidan McCullen Best Buy Case Study Best Buy Health Business Development Business Ecosystems Business Growth Change Logic Christine Griffin Corporate Explorer Series Corporate Explorers Corporate Innovation Corporate Strategy Digital Health Ecosystem Playbook Entrepreneurship Healthcare Innovation Hubert Joly Innovation Innovation Ecosystems Innovation Leadership Innovation Mapping Innovation Show Innovation Strategy Innovation Tools Market Strategy Scaling Startups Startup Scaling Strategic Partnerships Strategy Sustainable Innovation Technology Adoption Transformation Wazoku
Ever wondered how companies can leverage partnerships to drive innovation and deliver new value propositions to their customers? In this episode, we explore the art and science of corporate innovation ecosystems with Christine Griffin, a renowned expert in the field.
Christine unveils a powerful six-step process for crafting a winning ecosystem playbook. We delve into a compelling case study – Best Buy’s strategic shift from retail giant to home health services leader – to illustrate the power of this approach.
Discover how Best Buy leveraged acquisitions and partnerships to become a key player in the home health market. Learn the importance of understanding value creation, identifying market turning points, and mapping the ecosystem landscape. We’ll also explore how to assess financial flows, build a robust scaling path, and develop the capabilities needed for success.
This episode is a must-listen for corporate explorers and innovation leaders seeking to:
Develop successful partnerships
Drive co-innovation for customer value
Navigate the complexities of business ecosystems
Posted 1 month ago Tagged Aidan McCullen Both and Thinking career challenges Corporate Culture Creativity decision making Innovation Leadership organisational behaviour paradox Problem Solving success tension management Transformation Wendy Smith
Unleash the Power of “Both/And” Thinking: Solve Toughest Problems & Make Breakthrough DecisionsTired of either/or choices? This episode of The Innovation Show cracks the code on navigating paradoxes. Join Wendy Smith, co-author of “Both/And Thinking,” as she reveals the power of embracing tensions for better problem-solving in your career, organization, and beyond. Discover the four types of paradoxes and practical strategies to manage them effectively. Learn from Lego’s success story and more!
Posted 1 month ago Tagged Aidan McCullen Both and Thinking Business career challenges Corporate Culture Creativity decision making Disruption Innovation Leadership organisational behaviour paradox Problem Solving Strategy success tension management Transformation Wendy Smith
In this episode, we are joined by Wendy Smith, co-author of ‘Both/And Thinking: Embrace Creative Tensions to Solve Your Toughest Problems.’ Wendy elaborates on the nuances between dilemmas, paradoxes, and tensions, emphasising that these terms are not interchangeable and revealing the psychological and practical implications of recognising and navigating paradoxes. Drawing from her personal experiences and research, Wendy illustrates how both/and thinking can be applied to career decisions, organisational challenges, and broader societal issues. She discusses the limitations of either/or thinking and the harmful patterns it can create, such as intensification, overcorrection, and polarisation. Using examples from companies like Lego and Gore, Wendy shows how balancing tradition and innovation, centralisation and decentralisation, and other competing demands can lead to more sustainable success. The conversation also delves into the four types of paradoxes: learning, performing, organising, and belonging, and explores strategies to manage these tensions effectively. This episode is essential for anyone facing complex decisions in their personal or professional life. 00:00 Introduction to Both/And Thinking 00:12 Understanding Tensions and Dilemmas 03:08 Defining Paradox and Its Importance 05:23 Embracing Paradoxes in Real Life 08:00 Conditions That Highlight Paradoxes 16:51 Exploring the Four Types of Paradoxes 23:28 Navigating Organisational Paradoxes 31:23 The Paradox System Framework 36:57 Lego’s Journey Through Paradox 45:40 Conclusion and Further Resources
Posted 2 months ago Tagged Aidan McCullen Alison Taylor Business business ethics Corporate Culture corporate responsibility ethical challenges ethical leadership Higher Ground Innovation Leadership NYU Stern responsible business Social Media stakeholder capitalism systemic issues Transformation transparency
Join Alison Taylor, NYU Stern ethics professor and author, to explore ethical challenges, stakeholder capitalism, corporate culture, and the role of leadership in building a responsible and sustainable business.
Posted 3 months ago Tagged Aidan McCullen Behavioral Economics Business Cognitive Bias Cognitive Dissonance Conspiracy Theories Dan Ariely Dunning-Kruger Effect empathy Fake News Identity and Belief Innovation Leadership Misbelief Misinformation Political Affiliation Psychology Resilience Secure Attachment Shibboleth Social Media Stress and Misbelief Transformation Trust in Society
This episode features Dan Ariely, author of ‘Misbelief, what makes rational people believe irrational things’, focusing on the psychology behind misinformation and belief in conspiracy theories.
Posted 3 months ago Tagged Aidan McCulle Aidan McCullen Bosch Accelerator Corporate Culture Corporate Innovation Corporate Ventures customer discovery Customer Validation Entrepreneurship Innovation inside out innovation Mann + Hummel Michael Nichols Michael Nichols Corporate Explorer Strategy Technology Transformation venture building
Michael Nichols, coauthor of the Corporate Explorer Field Book and Director of Corporate Ventures for MANN + HUMMEL, shares insights on the challenges of inside-out innovation within corporations, emphasizing the importance of validating business models beyond core business practices.
Posted 3 months ago Tagged Aidan McCullen Carrying out tasks Chronic Health Confidence Building Ellen Langer Empowerment Habitual Behaviour Health Awareness Lifestyle Mind-Behaviour Connection Motivational Interview Personal Development Positive Psychology Social Psychology Stress Management Thinking habits Transformation
An Interview with Ellen Langer: The Power of Mindfulness in Health and Life. Ellen Langer was the first woman to be tenured in psychology at Harvard. Known worldwide as the mother of mindfulness and the mother of Positive Psychology
Posted 4 months ago Tagged Aidan McCullen Business Disruption Entrepreneurship Innovation Leadership Rita McGrath Transformation
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.
Posted 4 months ago Tagged Aidan McCullen Business Corporate Culture Disruption Entrepreneurship Innovation Leadership Rita McGrath Strategy The Entrepreneurial Mindset Transformation
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, emphasising the importance of understanding practical business applications.