In this episode of the Innovation Show, Aiden is joined once again by renowned business thinker Gary Hamel. Together, they delve into the transformative insights from Gary’s book ‘Leading the Revolution.’ The discussion explores how deeply embedded principles of innovation and renewal can help companies navigate and flourish in turbulent industries. Case studies from industry giants like Cemex, UPS, and Charles Schwab illustrate how these companies have reinvented themselves by fostering organizational activism, customer-centricity, and rapid experimentation. Whether you are a leader looking to future-proof your organization or an innovation enthusiast, this episode offers valuable takeaways on institutionalizing change and sustaining growth.

 

00:00 Introduction and Welcome

00:24 Discussing the Book’s Relevance

01:01 Gray-Haired Revolutionaries

02:14 Institutionalizing Activism

02:38 Case Studies: Charles Schwab, UPS, and Cemex

03:12 Challenges in Sustaining Growth

06:35 Reinvention and Resilience

12:33 UPS: From Trucking to Technology

22:29 Charles Schwab: Bricks and Clicks

35:04 Customer Sensitivity in Pricing Strategies

35:42 Southwest Airlines’ Unique Approach

37:17 Innovating in Media: A Personal Story

38:38 Pro-Consumer Decisions in Companies

40:06 The Importance of Understanding Value

40:24 Apple’s Retail Strategy

44:12 Promoting Innovation at Charles Schwab

48:09 The Numbers Game of Innovation

51:57 Cemex: Innovating in the Cement Industry

01:07:27 Conclusion and Final Thoughts

 

Leading the Revolution: Gary Hamel Explores Corporate Innovation and Change

In this episode, we’re joined by Gary Hamel, the acclaimed author of ‘Leading the Revolution.’ Gary delves deep into the essence of corporate innovation and the challenges faced by change-makers within organizations. We discuss how to punch above your weight and capture attention for transformative ideas, the necessity of building coalitions, understanding resistance, and the importance of courage in navigating change. Gary shares profound insights from his book, illuminating how individuals can drive radical change in even the most resistant corporate environments. This conversation is a must-listen for anyone passionate about innovation, strategy, and leading transformative change in business.

Discover how to:

• Challenge outdated business models
• Overcome organizational resistance
• Build grassroots momentum for innovation
• Lead change even when you don’t have formal authority

This is Part 4 of our deep-dive series on Leading the Revolution, where Hamel outlines the practical playbook for driving radical innovation inside established organizations.

Whether you’re an intrapreneur, innovation leader, or just tired of business-as-usual, this episode will fuel your fire to lead change from within.

 

00:00 Introduction and Welcome

00:22 Corporate Rebels and Navigating the Corporate Maze

00:46 The Revolutionary Imperative

00:58 Challenges of Pitching New Ideas

01:35 The Path Less Trodden

02:00 Gary Hamel’s Insights on Corporate Innovation

04:04 The Importance of Alignment and Its Pitfalls

07:33 Case Studies of Successful Change Makers

12:31 Building a Point of View and Writing a Manifesto

36:24 Anticipating Resistance and Overcoming Objections

38:47 Navigating Relationship Challenges

39:14 The Four Stages of Denial in Relationships

40:18 Corporate Lessons from Toyota’s Success

42:07 The Importance of Confronting Beliefs

44:26 Leadership and Organizational Renewal

46:01 Challenges in Entrepreneurial Companies

49:07 Building Coalitions for Change

01:12:10 The Role of Courage in Leadership

01:16:41 Final Thoughts and Reflections

 

Find the book here: https://amzn.eu/d/e6vnJSO

 

Find Gary here: https://www.garyhamel.com

 

Find Aidan and the Innovation Show:  https://thethursdaythought.substack.com

We welcome Prof. Andrew Torrance, distinguished Professor of Law at the University of Kansas and visiting scholar at MIT, to discuss the complex legal landscape surrounding user innovation and patents. The conversation delves into the freedom and challenges of product innovation, the balance between open and closed inventions, and the ethical implications of experimental treatments. They also explore the historical and ongoing impact of FDA regulations and the role of patents in fostering or hindering innovation. Sponsored by Wazoku, this episode is essential listening for innovators, legal experts, and anyone interested in the intersection of technology, law, and ethics.

 

00:00 Introduction and Wazoku Sponsor Message

00:27 Upcoming Reinvention Summit

01:01 Previous Episodes Recap

01:28 Introducing Andrew W. Torrance

02:01 Legal Aspects of Free User Innovation

03:29 Experimenting and Sharing Innovations

09:02 Selling Innovations and Legal Implications

11:07 Influencers and Legal Responsibilities

17:21 Trust in the FDA and Alternative Medicine

24:38 Patient Rights and Experimental Drugs

30:44 Patenting Innovations

38:54 Closing Remarks and Contact Information

39:44 Final Wazoku Sponsor Message

 

Andrew on SSRN: https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=625609

 

Ted Talk: https://youtu.be/g8GTg_632qY?si=lieqXrcdwUWD1l_l