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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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Now displaying: January, 2018
Jan 9, 2018

In this episode, we are joined by Scott E. Page, a Professor of Complex Systems, Politcal Sciences, and Economics at the University of Michigan, Ann Arbor. Scott is an external faculty member at the Santa Fe Institute and is an author and speaker who has worked with Google, Bloomberg, Blackrock and NASA. Today, he discusses his latest book, The Diversity Bonus.

What was covered

  • Why diversity within teams must be based on cognitive differences and not solely differences in identity
  • How the best problem-solvers and forecasters use several models and equations to assess the best strategy for solving complex economic issues
  • Why cognitive diversity is a strategic asset given its impact on high-value problem solving, predictions and strategic planning

Key Takeaways and Learnings

  • The Diversity Bonus; the added value that comes from team members thinking about problem solving differently, bringing different tools together and how to realize this bonus
  • Avoiding the ‘siren call of sameness’ – why business leaders go wrong in employing people that are similar in identity and experience
  • If you have one way to look at the world you would be better off flipping a coin to support your business decision making

Links and Resources Mentioned in this Podcast

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