Both_And Thinking Part 3 With Wendy Smith-3

EP531 Wendy Smith – Both/And Thinking Part 3

Explore the transformative potential of Both/And Thinking in creative problem solving with Wendy Smith. Discover how embracing emotions drives innovation and gain practical tools to navigate uncertainty, broaden perspectives, and foster dynamic organizational change. Join us as we delve into real-world case studies and leadership insights to inspire paradoxical thinking in your organization.

An image of Christine Griffin from Change Logic

EP530 Building an Ecosystem Playbook with Christine Griffin

Ever wondered how companies can leverage partnerships to drive innovation and deliver new value propositions to their customers? In this episode, we explore the art and science of corporate innovation ecosystems with Christine Griffin, a renowned expert in the field.

Christine unveils a powerful six-step process for crafting a winning ecosystem playbook. We delve into a compelling case study – Best Buy’s strategic shift from retail giant to home health services leader – to illustrate the power of this approach.

Discover how Best Buy leveraged acquisitions and partnerships to become a key player in the home health market. Learn the importance of understanding value creation, identifying market turning points, and mapping the ecosystem landscape. We’ll also explore how to assess financial flows, build a robust scaling path, and develop the capabilities needed for success.

This episode is a must-listen for corporate explorers and innovation leaders seeking to:

Develop successful partnerships
Drive co-innovation for customer value
Navigate the complexities of business ecosystems

A picture of Wendy on the Innovation Show to discuss her book Smith Both And Thinking

Wendy Smith – Both/And Thinking Part 2

Unleash the Power of “Both/And” Thinking: Solve Toughest Problems & Make Breakthrough DecisionsTired of either/or choices? This episode of The Innovation Show cracks the code on navigating paradoxes. Join Wendy Smith, co-author of “Both/And Thinking,” as she reveals the power of embracing tensions for better problem-solving in your career, organization, and beyond. Discover the four types of paradoxes and practical strategies to manage them effectively. Learn from Lego’s success story and more!

Image of Wendy Smith and Aidan McCullen Interview for the Innovation Show

Wendy Smith – Both/And Thinking Part1

In this episode, we are joined by Wendy Smith, co-author of ‘Both/And Thinking: Embrace Creative Tensions to Solve Your Toughest Problems.’ Wendy elaborates on the nuances between dilemmas, paradoxes, and tensions, emphasising that these terms are not interchangeable and revealing the psychological and practical implications of recognising and navigating paradoxes. Drawing from her personal experiences and research, Wendy illustrates how both/and thinking can be applied to career decisions, organisational challenges, and broader societal issues. She discusses the limitations of either/or thinking and the harmful patterns it can create, such as intensification, overcorrection, and polarisation. Using examples from companies like Lego and Gore, Wendy shows how balancing tradition and innovation, centralisation and decentralisation, and other competing demands can lead to more sustainable success. The conversation also delves into the four types of paradoxes: learning, performing, organising, and belonging, and explores strategies to manage these tensions effectively. This episode is essential for anyone facing complex decisions in their personal or professional life. 00:00 Introduction to Both/And Thinking 00:12 Understanding Tensions and Dilemmas 03:08 Defining Paradox and Its Importance 05:23 Embracing Paradoxes in Real Life 08:00 Conditions That Highlight Paradoxes 16:51 Exploring the Four Types of Paradoxes 23:28 Navigating Organisational Paradoxes 31:23 The Paradox System Framework 36:57 Lego’s Journey Through Paradox 45:40 Conclusion and Further Resources

Alison Taylor Higher Ground Interview

Alison Taylor – Higher Ground

Join Alison Taylor, NYU Stern ethics professor and author, to explore ethical challenges, stakeholder capitalism, corporate culture, and the role of leadership in building a responsible and sustainable business.

Vanessa Ceia

Gathering Customer Discovery Data with Vanessa Ceia

Vanessa Ceia shares the critical shift needed for corporate explorers to succeed—moving from an inside-out to an outside-in mindset. Highlighting Corporate Explorer Field Book chapters, we discuss how customer discovery interviews can overcome inherent corporate biases.

George Glackin

George Glackin – Value Flows and Design Criteria Maps

This episode of the Corporate Explorer series focuses on developing compelling value propositions through the use of ‘value flows’ and ‘design criteria maps’, as explained by guest George Glackin.

Dan Ariely Misbelief Podcast

Navigating Misinformation with Empathy: Misbelief with Dan Ariely

This episode features Dan Ariely, author of ‘Misbelief, what makes rational people believe irrational things’, focusing on the psychology behind misinformation and belief in conspiracy theories.

Michael Nichols

Venture Building from Idea to Scale with Michael Nichols

Michael Nichols, coauthor of the Corporate Explorer Field Book and Director of Corporate Ventures for MANN + HUMMEL, shares insights on the challenges of inside-out innovation within corporations, emphasizing the importance of validating business models beyond core business practices.

Rita McGrath and Aidan McCullen on The Innovation Show

Rita McGrath: Designing Organisations for Innovation and Growth

In this final of a 4-part episode, Rita McGrath discusses her upcoming book focused on how organisations can design structures that empower decision-making at all levels, embracing a ‘permissionless’ approach to innovation.

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