âEmotionally, itâs easier to change when youâre haemorrhaging.ââââAndy Grove Conventional wisdom suggests that to effectively motivate […]
Harnessing Global Creativity for Innovat The Power of Collective Intelligence with Simon Hill
In this extensive session with Rita McGrath emphasises the importance of continuous innovation, exploiting new opportunities, and building new competencies to stay competitive.
âThere is nothing more difficult for a truly creative painter than to paint a rose, […]
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.Â
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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.
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.
Innovating Within the Military: Challenge-Driven Innovation and Connected Intelligence
This episode of the Corporate Explorer, recorded in London during the launch of the Corporate Explorer field book and powered by Wazoku, features Stuart Laws from the UK’s Defense Innovation Unit. The discussion explores how challenge-driven innovation has transformed problem-solving within the military, moving away from a traditional idea-generation model to one that actively involves business units in framing their issues for more scoped and implementable solutions. Laws highlights the shift towards a more inclusive innovation approach, engaging employees, suppliers, startups, universities, and leveraging Wazoku’s connected collective intelligence of over 700,000 global problem solvers. The episode also delves into the human aspects of innovation, including the creation of stakeholder personas to better understand and influence decision-makers, and the serendipitous discovery of solutions through cross-sector collaboration and challenge-driven initiatives. Laws shares insights on the necessity of a collaborative mindset in innovation, bringing public and private sectors together for impactful outcomes. The successes of this approach are exemplified in real-world applications, such as providing 5G coverage in hard-to-reach areas through a partnership between Defence, BT, and academic contributions.
00:00 Welcome to the Corporate Explorer: Innovating with Wazoku
00:43 Introducing Stuart Laws: Innovating in the Military
01:41 The Power of Challenge-Driven Innovation
04:12 Cross-Sector Innovation: Bridging Industries for Better Solutions
09:14 Marketing Personas: A Game-Changer for Innovation
12:55 Finding Solutions in Unexpected Places: The BT Story
15:13 Wrapping Up: The Future of Innovation with Wazoku
Find Stuart here: https://ideashadowcoaching.com
Navigating Change and Reinvention: A Conversation with Michael J. Critelli
In this in-depth conversation, former CEO and Chairman of Pitney Bowes, Michael J. Critelli, shares insights on leading a company through periods of significant change and market disruption. Starting with a historical overview of Pitney Bowesâ evolution from a mail processing business to embracing global markets and adjacent market opportunities, Critelli discusses strategic thinking, the importance of innovation, and the necessity of constantly adapting business strategies. He highlights the challenges of competing with government and quasi-government entities, the importance of exiting markets strategically, and the need to centralize operations to stay competitive. The conversation also touches on the value of salespeople as ‘human sensors’ in identifying opportunities, the importance of R&D investment, understanding customer-driven value, and the role of leadership in navigating change. Critelliâs journey offers valuable lessons on staying relevant in evolving markets and the continuous rebalancing of organizational focus and resources.
00:00 Opening Remarks and Introduction to Today’s Episode
01:55 The Evolution of Pitney Bowes: Adapting to Change
03:43 Insights and Strategies from Michael J. Critelli
07:40 Reframing Competition and Embracing New Opportunities
12:45 Navigating the Complexities of Global Postal Services
20:35 The Art of Entering and Exiting Markets Strategically
36:43 Cultural Transformation and Organizational Change
45:25 Final Thoughts and Where to Find More
Find Mike here: https://www.mikecritelli.com
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âThe greatest danger in times of turbulence is not the turbulence; it is to act […]
In this episode of ‘The Innovation Show,’ host Aidan McCullen sits down with the former chairman and CEO of Pitney Bowes, Michael Critelli.
Through a deep dive into Critelliâs career, we explore his penchant for the road less traveled, his transformative leadership at Pitney Bowes, and his insights on innovation, strategy, and foresight. From humble beginnings to leading a staple communications company through times of intense change, including the internet era, 9/11, and the recession, Critelli shares lessons on valuing potential over qualifications, listening to dissent, and the importance of constant adaptation in business and life.
00:00 Early Career and Joining Pitney Bowes
01:40 Climbing the Ladder: From Legal to Leadership
04:28 Reinventing Pitney Bowes: A Tale of Transformative Change
07:09 Embracing Agile Strategy: Lessons from the Front Lines
13:51 The Power of Listening and Adapting in Leadership
42:39 The Importance of Vision and Courage in Decision-MakingÂ
44:47 Fostering a Culture of Continuous Learning and Innovation