Welcome back to part three of ‘Leading the Revolution’ with the legendary Gary Hamel. In this episode of The Innovation Show, Gary and host Aiden dive deep into two key chapters from Gary’s books, exploring the principle of learning to be your own seer and the critical distinction between imagination and prediction in innovation. They discuss the importance of psychological safety in fostering creativity within companies and why many organizations fail to imagine the future. Gary shares his insights on developing foresight, the role of contrarianism in innovation, and the necessity of building a foundation of unconventional, differentiated insights for genuine innovation. He also emphasizes the importance of stepping outside the insular corporate environment to seek out underappreciated trends, frustrations customers face, and the deeper, broader questions around societal changes. Packed with practical exercises and real-world examples, this episode offers valuable takeaways for individuals and companies alike aiming to break free from conventional thinking and lead the charge in their industries.
00:00 Introduction and Welcome
00:25 The Importance of Being Your Own Seer
02:23 Imagination and Foresight in Innovation
06:12 The Role of Discontinuities in Innovation
08:11 The Need for Organizational Foresight
09:42 Building a Foundation of New Insights
18:18 Challenges in Allocating Resources for Innovation
25:15 The Importance of Transcendent Themes
29:15 Understanding Deeper Changes in Society
31:24 Impact of Connectivity on Society
32:19 Customer Frustration and Business Opportunities
33:37 Reinventing Education and Knowledge Consumption
34:42 Identifying and Addressing Industry Dogmas
41:20 Empowering Employees for Innovation
46:41 Distinguishing Form from Function in Business
49:07 Encouraging Radical New Possibilities
55:43 Conclusion and Future Topics