In this episode, Steve Kerr, author of Reward Systems: Does Yours Measure Up?, dives deep into the art of optimizing workplace reward systems. From defining performance in actionable terms to tackling stretch goals and fostering candor, Steve provides invaluable strategies for leaders. Learn how to align metrics with rewards, eliminate inefficiencies, and build a culture where employees feel valued and motivated
Steve Kerr, the renowned author of “Reward Systems,” delves into the art and science of designing effective reward systems. In this episode, we uncover why most organizational reward structures fail and how leaders can fix them by aligning performance definitions, measurement systems, and incentives. Through engaging anecdotes, including examples from GE, the military, and healthcare, Kerr provides actionable strategies to transform reward systems for better employee engagement and organizational outcomes.
Jayshree Seth, 3M’s first Chief Science Advocate, shares her journey as a trailblazer with 80 patents. She delves into leadership principles, innovation strategies, and the transformative power of empathy and storytelling in science. Jayshree offers practical frameworks for aligning leadership with purpose, emphasizing the importance of creativity and resilience in a rapidly changing world. A must-listen for aspiring leaders and innovators!
Explore how innovative leadership principles and storytelling can transform personal and professional growth with 3M’s Chief Science Advocate, Jayshree Seth. In this episode of The Innovation Show, Jayshree shares memorable acrostics and blueprints for success from her trio of books, discusses key elements of effective leadership, and delves into the importance of advocacy and diverse perspectives. Gain insights on balancing long-term vision with detailed execution and the role of positive emotions in fostering a creative and innovative environment.
00:00 Introduction and Guest Welcome
02:34 The Importance of Leadership
04:31 Leak Proof Leadership Explained
09:01 The Role of Storytelling in Innovation
11:08 The Five I’s of Innovation
17:01 Advocacy and Leadership
22:24 Supervisory Skills and Employee Relationships
27:13 The Future is Already Here
28:35 Understanding Trends and Megatrends
30:35 The TNT Factor: Trends, Needs, Threats
31:24 Exploring the TREND Mnemonic
35:14 Bridging the Business-Technical Gap
41:39 Effective Leadership Communication
50:54 The Kaleidoscope of Leadership
56:58 Conclusion and Final Thoughts
Jayshree previously on the show: https://youtu.be/Gc8PKq56Lrw?si=ApxhFl1mXM9K0b3T
innovation, Jayshree Seth, 3M, Chief Science Advocate, engineering, empathy, collaboration, patents, creativity, storytelling, visionary leadership, purpose-driven leadership, resilience, engineering innovation, STEM, scientific advocacy, women in science, leadership strategies
The battle for AI dominance between giants like OpenAI, Google, Microsoft, and Anthropic mirrors historic format wars such as VHS vs. Betamax, PlayStation vs. Xbox, and iPhone vs. Android. Key strategies like leveraging network effects, harnessing underdog advantages, and building robust ecosystems are shaping the future of AI. Dive into this analysis to uncover the parallels and gain insights into how these strategies may determine the winner in this transformative race for AI supremacy.
Explore the seismic shifts in the consulting industry driven by AI and technological advancements. Ryan Shanks, Alex Osterwalder, and Rita McGrath discuss the diminishing need for traditional “grinders,” the rise of new business models, and how organizations must embrace innovation to thrive in a rapidly changing landscape.
Discover the essentials of crafting a robust digital business strategy with Aidan McCullen and Garvan Callan. This episode unpacks frameworks for digitization, digitalization, and transformation, while highlighting customer-centricity, leveraging platforms, and fostering cultural shifts for sustainable innovation. Perfect for businesses navigating the complexities of the digital age.
In times of turbulence, leaders must balance the dual forces of exploitation and exploration to ensure organizational success. Drawing on the metaphor of Ra and Horus from Egyptian mythology, this post explores how uniting operational efficiency with visionary innovation fosters ambidexterity. Learn how organizations can thrive by harmonizing stability with adaptability.
Michael Tushman and Charles O’Reilly discuss the concept of ambidexterity, balancing core and explore strategies for organizational renewal. Explore challenges like cultural alignment, structural setups, and the role of leadership in managing this paradox. Learn actionable strategies to foster collaboration and purpose in your teams.
🎥 Mastering Ambidexterity: How to Balance Core and Explore with Michael Tushman & Charles O’Reilly
What You’ll Learn in This Episode:
The challenges of balancing innovation and efficiency.
How Microsoft transformed its culture under Satya Nadella using the LEASH Model.
The role of Corporate Explorers in driving change. Practical tools and strategies for structural ambidexterity.
In this episode of the Corporate Explorer series, Charles O’Reilly III and Mike Tushman delve into the concept of corporate ambidexterity, focusing on how to balance core (exploit) and explore businesses. They emphasize the creation of separate units with distinct architectures, metrics, and cultures. The discussion explores the critical role of organizational culture and the ‘LEASH’ model for driving cultural transformation. Using Microsoft under Satya Nadella as a case study, they demonstrate how consistent behavior reinforcement can drive successful cultural change. This episode is essential for leaders aiming to navigate the complexities of innovation within established firms.
00:00 Introduction to Ambidexterity
00:25 Challenges in Implementing Ambidexterity
00:59 Corporate Explorer Series Overview
01:36 Guest Introduction: Charles O’Reilly and Mike Tushman
02:05 Core and Explore: Research and Insights
03:57 The Role of Culture in Ambidexterity
06:14 Microsoft’s Cultural Transformation
07:32 The LEASH Model Explained
09:23 Satya Nadella’s Leadership at Microsoft
16:51 Linking Personal and Organizational Renewal
18:35 Closing Remarks and Resources
💡 Learn More: Check out related episodes with Tushman & O’Reilly 👉 https://www.youtube.com/playlist?list=PLMxiNrgE29RLJmEfThOicSPPH972VP0U7
Engage with Us: https://theinnovationshow.io
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