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The Innovation Ecosystem: changing perspectives, one podcast at a time

Join us, as we interview remarkable and thought-provoking guests about innovation, leadership and culture in the world of business. We do this by exposing you to multiple perspectives from the arenas of business, academia, science and sports. We bring you key insights and proven tools you can use straight away to enrich your ecosystem so you are better able to respond to change. Full show notes available at InnovationEcosystem.com
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Nov 7, 2017

Summary

In this episode, we are joined by digital and marketing entrepreneur, John Straw, who describes himself as a “technonomist” – someone exploring the cutting edge of technology and looking to understand where it fits from both an economic and commercial perspective.. John is a Senior Advisor at McKinsey and IBM, as well as an author, speaker and investor with over 30 years of experience in IT and digital transformation.

What Was Covered

  • The journey John sees towards “programmatic enterprises” in which the availability of data and artificial intelligence allow for organizational control on a totally different level than possible today
  • How this journey takes us from decision making via experience and intuition to experience augmented by data to data augmented by experience to simply by data. And how, as per previous major shifts (think of the introduction of the PC) this happens not as a “big bang” but as a more gradual or “stealthy” process
  • The advice that John uses when personally investing in new technology businesses and his two-part rule which he advises business leaders to use in renovation and innovation implementation

Key Takeaways and Learnings

  • How companies are using “layered” data to improve their renovation and innovation activities
  • How new technologies, and the pace of their development, provide opportunities for scale for all companies’ renovation processes
  • Why transformational innovation activities (“breaking” the existing business) need to go “in the garage”, away from the innovation “killers” of process and politics

Links and Resources Mentioned in this Podcast

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