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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: April, 2018
Apr 17, 2018

In this episode, we are joined by Robert Hagstrom, who is an author, investment strategist, and portfolio manager. His books include The New York Times bestselling The Warren Buffett Way and The NASCAR Way: The Business That Drives the Sport and the recently republished Investing: The Last Liberal Art, in which he investigates investment concepts that lie out with traditional economics.

What Was Covered

  • Robert's commitment to the “latticework” theory of investing, which is based on building connections between different mental models and disciplines
  • The reasons that Robert views biology as the better discipline to think about markets rather than the physics based approach most commonly used in modern portfolio theory
  • The risks of comparative analysis for decision making given our tendency to look for what is similar more than what is different

Key Takeaways and Learnings

  • Steps to being a better investor by using multiple models of comparison and analysis and observing multiple perspectives
  • Robert's advice on the questions to ask yourself before investing in companies, and how he personally looks for growth in potential new investments
  • How to think outside of traditional economic theory and use concepts from biology, philosophy, and psychology to make better business decisions

Links and Resources Mentioned in this Episode

Apr 3, 2018

In this episode, we are joined by author, speaker, and entrepreneur, Frans Johansson. Frans is the author of the bestselling book, The Medici Effect, from which the now popular term was coined, and more recently, The Click Moment. Frans is the Founder and CEO of The Medici Group, a consultancy firm which promotes innovation through diversity.

  • The Medici Effect, the name given to what happened in a period in Florence history where creative individuals from myriad disciplines, sculptors, architects, painters, philosophers, etc., were able to break down the boundaries between the different disciplines and cultures and ignite what became one of the most creative eras in Europe's history and the lessons it has for today’s workd of business
  • How the instinct to surround yourself with people like yourself creates barriers to innovation
  • How organizations typically do not properly capitalize on the valuable resource that new hires bring – a critical period where new concepts and ideas can be introduced
  • How to introduce diversity at executive level by overcoming the fear of the unpredictability of innovation

Key Takeaways and Learning

  • How diversity drives innovation through different perspectives that build upon each other to break new ground
  • The concept of “Intersectional hunting” - to actively look for a field or a discipline or a person or a culture that doesn't necessarily make immediate sense and then through that make a connection, then using this to tackle the issue, opportunity, challenge that you have at hand in a new way

Links and Resources Mentioned in this Episode

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