In this episode, Bobby Herrera, CEO and author of The Gift of Struggle, discusses the leadership lessons he’s learned from overcoming challenges. Hear how a small act of kindness on a bus at 17 transformed his life and inspired him to build a $500 million business. Discover how embracing vulnerability and sharing stories can help leaders create more connected and empowered communities.
In this episode, Aidan McCullen welcomes Richard Robertson, co-author of ‘The Corporate Explorer Fieldbook,’ to explore the role of strategic diversity in building effective teams for innovation. Drawing from his extensive experience, Richard shares insights on navigating the different phases of the S-curve and managing human behaviour in change processes.
In the final episode of our series with Peter Compo, we dive deep into the emergent approach to strategy. Together, we explore how leaders can maintain course amidst turbulence, engage teams to embrace strategy as their own, and avoid the pitfalls of complacency in both crisis and success. Essential insights for anyone navigating strategic leadership.
In this episode, we explore the emergent approach to strategy with Peter Compo, focusing on how truth and perception shape decision-making and the importance of internalizing frameworks. We dive into the Strategy Alternative Matrix (SAM), the balance between creativity and structure, and why gradual, thoughtful change is key to effective strategy.
Peter Compo discusses the nuances of executing strategy, focusing on discipline, adaptability, and innovation. Learn how to distinguish execution from strategy, with real-world examples from business, sports, and music.
Join Peter Compo as he breaks down the ‘Five Disqualifiers of Strategy’ in this insightful episode. Learn how to evaluate your strategic framework and avoid common mistakes in business strategy design. Perfect for innovators and strategists looking for real-world applications.
Join Annie Duke to explore her bestseling book, Thinking in Bets, linking NFL strategies, poker psychology, and decision-making in business. Learn how to improve decision quality, manage uncertainty, and apply cognitive science to innovation and risk assessment.
In this episode, Peter Compo discusses the limitations of traditional strategic frameworks and offers insights into how organizations can embrace an emergent approach to overcome innovation challenges. Learn about the power of central rules in guiding real-time decisions and unifying actions.
Solving Innovation’s Killer Problems with Peter Compo: The Emergent Approach to Strategy Part 3
In this episode of ‘The Innovation Show,’ we continue our exploration of the emergent approach to strategy with expert Peter Compo. Delving into the critical challenges of change and innovation, the discussion centers on how high-level aspirations are influenced by disciplined actions at low levels. Peter outlines ‘killer problems’ in innovation such as the volume of choices, time delays between actions and outcomes, and external influences. Through the use of influence diagrams and practical examples, such as running a successful bike shop, Peter demonstrates how organizations can navigate these problems. The episode also touches on strategies to provide real-time guidance, unify efforts, and ensure actions align with overarching goals, highlighting the importance of integrating these strategies in multifaceted organizations.
00:00 Introduction and Welcome Back
00:39 Understanding High-Level Aspirations
02:37 The Killer Problems of Innovation
04:05 Influence Diagrams and Strategy Frameworks
05:58 Real-World Examples and Practical Applications
07:44 Exploring the Influence Diagram
13:07 The Four Killer Problems
28:15 Solutions to the Killer Problems
41:36 Conclusion and Further Resources
Link to Peter’s website: https://emergentapproach.com
Link to Peter’s Music: https://www.youtube.com/channel/UCJsn2zbnx8dwvHJrisdkAtg
Link to Aidan McCullen for Keynotes, workshops and event MC.
Find us on Substack for Shownotes and competitions:
https://thethursdaythought.substack.com
Peter Compo, Aidan McCullen, emergent approach, strategy, innovation, adaptation, killer problems, change, influence diagram, bike shop example, creativity, discipline, coherence, real-time guidance, free choice, unification, leadership, strategic frameworks, decision-making, business strategies
Join Aidan McCullen and Peter Compo in part three of their series on the emergent approach to strategy. This episode explores the ‘killer problems’ that stifle creativity and innovation, and how leaders can navigate complex systems to achieve their desired outcomes.