Podcast appearances and mentions of andy binns

Corporate Explorer Fieldbook Finale: Leadership, AI, and Open Innovation In the concluding episode of the Corporate Explorer Fieldbook series, we reflect on insights and contributions from various industry experts throughout 2024. We'll delve into the necessity of leadership for scaling innovation and explore the transformative potential of AI. Joined by Andy Binns and Eugene Ivanov, we discuss the evolution of the corporate explorer concept, emphasize the importance of a supportive network, and highlight Wazoku's role in pioneering total innovation. Tune in for an engaging discussion on the future of corporate exploration and the pivotal role of leadership and technological advancements.   00:00 Introduction and Gratitude 01:26 Preface and Genesis of the Book 02:25 Challenges and Insights in Corporate Exploration 08:37 The Role of AI in Corporate Exploration 11:11 Open Innovation and Ecosystems 16:47 Leadership and Scaling 23:16 Conclusion and Future Directions  

Corporate Explorers: Navigating Through Toxic Assumptions with Narendra Laljani   Episode Description: In this insightful episode of our Corporate Explorer series, we dive deep into the crucial topic of "Outside-In: Overcoming Toxic Assumptions with Market Insight" with our distinguished guest, Narendra Laljani. As a co-author of the chapter, management educator, consultant, and program director at Henley Business School, Laljani brings a wealth of experience and knowledge to our discussion, illuminating the path for organizations aiming to navigate the treacherous waters of innovation and strategic adaptation. Key Highlights: Introduction to the Series [00:00:00]: We kick off the episode with gratitude towards our sponsor, Wazoku, for supporting the exploration of effective, sustainable innovation ecosystems. A brief overview sets the stage for our deep dive into overcoming toxic assumptions through market insight, highlighting the journey through previous series parts with Mike Tushman and Andy Binns. The Core Challenges [00:02:00]: Laljani and host Aidan McCullen discuss the dual challenges of the "inside-out" and "outside-in" perspectives that organizations face. Through captivating examples such as Encyclopaedia Britannica, Kodak, and Thomas Cook, we explore the pitfalls of success recipes and the importance of adapting to environmental changes. Narendra Laljani's Rich Experience [00:04:00]: Laljani shares his extensive background in corporate exploration, offering personal anecdotes and lessons learned from both successes and failures. His insights into leadership challenges and strategic execution are not to be missed. Overcoming Embedded Assumptions [00:05:00]: Delving into the metaphor of organizational DNA, we discuss how deeply embedded assumptions and beliefs shape corporate culture and decision-making processes, often to the detriment of innovation and growth. Mental Models and Industry Paradigms [00:09:00]: The conversation broadens to include the concept of mental models within organizations and entire industries, emphasizing the importance of challenging existing paradigms to uncover new opportunities. The Value of New Perspectives [00:12:00]: Highlighting the critical role of newcomers in injecting fresh thinking into stagnant environments, we discuss strategies for preserving and leveraging newness within corporate structures. A Framework for Innovation [00:14:00]: Laljani introduces a practical framework for challenging assumptions, derived from the work of C.K. Prahalad and Gary Hamel, offering listeners a tool for strategic innovation and thought provocation. Continuous Learning as a Competitive Edge [00:16:00]: The episode concludes with a powerful discussion on the importance of learning, unlearning, and relearning, underscoring continuous learning as the only sustainable competitive advantage in the future. Where to Find Us: Tune in to this compelling episode on platforms like Apple Podcasts and Spotify to gain insights into overcoming toxic assumptions with market insight. For those looking to dive deeper into strategic innovation and corporate exploration, connect with Narendra Laljani on LinkedIn or explore the upcoming Strategic Innovation Program at Henley Business School.  

Hunting Zones with Andrew Binns Brought to you by Wazoku, the Corporate Explorer series is designed to uncover the depth of insight and experience within corporations, beyond management gurus and academics.

Global Product Management Talk is pleased to bring you the next episode of... Product Mastery Now with host Chad McAllister, PhD. The podcast is all about helping people involved in innovation and managing products become more successful, grow their careers, and STANDOUT from their peers. About the Episode:  Today we are talking about how established organizations can innovate, resulting in new products and ventures. Most of us who have been in established organizations, know this can be challenging as a culture of innovation is often lacking. Joining us is Andy Binns, a management advisor, award-winning author, and speaker on innovation and change. He has over twenty-five years' experience helping companies make and execute strategic choices to support business growth. He has been at the coalface of innovation, working alongside the leaders of IBM's “Emerging Business Opportunity” program. He now leads Change Logic, a strategic advisory firm, which takes a hands-on approach to enabling firms to build new businesses. He has numerous articles published about his insights and his recent book he co-authored is Corporate Explorer Fieldbook: How to Build New Ventures in Established Companies.

In this episode, Andy Binns, co-founder and Director of Change Logic, and an award-winning author who publishes articles on innovation strategy and execution in established firms is joined by an additional guest, Ellie Amirnasr, director of digital ventures at MANN+HUMMEL, who was a chapter author, alongside Andy, of Corporate Explorer Fieldbook: How to Build New Ventures In Established Companies. Their work with this just-released 2023 book brings to the forefront the corporate explorer: the individuals within your organization that have the prowess to lead innovation. In this episode, we delve deep into these pioneers brimming with new ideas._________________________________________________________________________________________In this episode, they share:What is a corporate explorer, and why are they so advantageous to your organization? How you as a leader can create a culture that paves the path for success for corporate explorers to innovate The recipe and ingredients that spark innovation within an organization and the distinct stages of innovation projects, and what metrics to consider when deciding to continue funding a project at each stage _________________________________________________________________________________________Episode Timeline:00:00—Highlight from today's episode1:18—Introducing Andy & Ellie + The topic of today's episode2:34—If you really know me, you know that...5:33—What is your definition of strategy?8:30—Could you talk to us about your organization, qlair?9:52—Could you define a "corporate explorer" for us?11:20—What are some of the aspects that an organization needs to have in place to enable corporate explorers?13:59—What are some shifts that leaders need to make to allow for corporate explorers?17:53—Could you lead us through the stages of a new venture and how it relates to decision-making and funding?26:44—What is the mechanism that makes it more likely to be successful if you state your goals and metrics at the beginning?29:13—What is the biggest mistake you see corporate explorers make that you could advise them on?31:14—How can people follow you and connect with you to continue learning from you?__________________________________________________________________________________________Additional Resources: Book Website: https://www.thecorporateexplorer.com/LinkedIn: Ellie Amirnasr, Andy Binns

In this episode, Andy Binns, co-founder and Director of Change Logic, and an award-winning author who publishes articles on innovation strategy and execution in established firms is joined by an additional guest, Ellie Amirnasr, director of digital ventures at MANN+HUMMEL, who was a chapter author, alongside Andy, of Corporate Explorer Fieldbook: How to Build New Ventures In Established Companies. Their work with this just-released 2023 book brings to the forefront the corporate explorer: the individuals within your organization that have the prowess to lead innovation. In this episode, we delve deep into these pioneers brimming with new ideas._________________________________________________________________________________________In this episode, they share:What is a corporate explorer, and why are they so advantageous to your organization? How you as a leader can create a culture that paves the path for success for corporate explorers to innovate The recipe and ingredients that spark innovation within an organization and the distinct stages of innovation projects, and what metrics to consider when deciding to continue funding a project at each stage _________________________________________________________________________________________Episode Timeline:00:00—Highlight from today's episode1:18—Introducing Andy & Ellie + The topic of today's episode2:34—If you really know me, you know that...5:33—What is your definition of strategy?8:30—Could you talk to us about your organization, qlair?9:52—Could you define a "corporate explorer" for us?11:20—What are some of the aspects that an organization needs to have in place to enable corporate explorers?13:59—What are some shifts that leaders need to make to allow for corporate explorers?17:53—Could you lead us through the stages of a new venture and how it relates to decision-making and funding?26:44—What is the mechanism that makes it more likely to be successful if you state your goals and metrics at the beginning?29:13—What is the biggest mistake you see corporate explorers make that you could advise them on?31:14—How can people follow you and connect with you to continue learning from you?__________________________________________________________________________________________Additional Resources: Book Website: https://www.thecorporateexplorer.com/LinkedIn: Ellie Amirnasr, Andy Binns

Andy Binns joins again! He works with CEOs, boards, and senior teams as they lead significant business change. He manages Change Logic, a firm he co-founded with Harvard Business School's Michael Tushman and Stanford's Charles O'Reilly. With twenty-five years of experience as both an external and internal consultant, he also held positions with McKinsey & Co. and the IBM Corporation before co-founding Change Logic.At IBM, Andy was deeply involved in the ‘Emerging Business Opportunity' program, for which he received an award from IBM's Vice-Chairman. That experience deeply influenced his belief that corporates can outpace startups at innovation and shaped his work on Corporate Explorers- a breed of managers who have the capability to build new ventures from inside established organizations. Drawing on nearly twenty years of research and work with these innovators, he wrote the books “Corporate Explorer: How Corporations Beat Startups at the Innovation Game (2022)” and “Corporate Explorer Fieldbook: How to Build New Ventures in Established Companies,”Become a supporter of this podcast: https://www.spreaker.com/podcast/success-made-to-last-legends--4302039/support.

Andy Binns joins again! He works with CEOs, boards, and senior teams as they lead significant business change. He manages Change Logic, a firm he co-founded with Harvard Business School's Michael Tushman and Stanford's Charles O'Reilly. With twenty-five years of experience as both an external and internal consultant, he also held positions with McKinsey & Co. and the IBM Corporation before co-founding Change Logic.At IBM, Andy was deeply involved in the ‘Emerging Business Opportunity' program, for which he received an award from IBM's Vice-Chairman. That experience deeply influenced his belief that corporates can outpace startups at innovation and shaped his work on Corporate Explorers- a breed of managers who have the capability to build new ventures from inside established organizations. Drawing on nearly twenty years of research and work with these innovators, he wrote the books “Corporate Explorer: How Corporations Beat Startups at the Innovation Game (2022)” and “Corporate Explorer Fieldbook: How to Build New Ventures in Established Companies,”

In episode 50 of the Most Awesome Founder Podcast, we are happy to welcome Andy Binns to the show. Andy co-founded the innovation consultancy change logic and has more than 20 years of extensive experience overcoming innovation barriers in big corporates. Apart from his merits as a practitioner, he also published relevant academic work regarding disruptive innovation and CEO ambidexterity. Andy shares his insights into how corporations can drive disruptive innovation from within. He also talks about how corporate innovation explorers differ from classical entrepreneurs and the challenges of idea scaling. We hope you have fun exploring this exciting episode! Chapters: (01:20) Intro of Andy Binns (02:50) Andy's early career in consulting and co-founding Change Logic (07:35) Large corporations as a driver of disruption (11:12) How do companies self-disrupted themselves? (15:22) The need for separation in balancing structural ambidexterity (19:22) How do corporate innovation units successfully handle the layers of ambidexterity? (21:40) What kind of manager types are needed for corporate exploration? (28:50) A new generation of managers for corporate innovation (36:20) Gerrits and Andys discuss experimentation & failure in corporate (43:30) Moving from ideation to idea scaling phase   (48:10) What are the challenges in the practice of structural ambidexterity? (51:30) Discussing the case of the German automotive industry (56:17) What advice would Andy give to young entrepreneurs? (58:55) What books would Andy recommend? (1:00:36) What is cycling on Andy's playlist?

Corporate explorers are people who use their experience within a corporation to help launch new ventures. The biggest difference between corporate explorers and entrepreneurs is speed. Entrepreneurs tend to focus on creating a great product and growing it organically, whereas corporate explorers tend to focus on finding a market and scaling rapidly. In this episode, we have guest Andy Binns, Director and Co-Founder of Change Logic, LLC Andy talks about how corporate explorers are individuals who build innovative businesses within corporations. He talks about the rise of corporate explorers as one example of how companies are stepping up their efforts to find, nurture, and deploy new technologies. Corporations already own the ideas, resources, and critical talent to create disruptive innovation. But they need a way to bring these innovations to market quickly and efficiently. He also talks about how corporate explorers are an important part of this process because they can help identify promising technologies that might not be obvious or easy to develop on your own "I look at a Corporate Explorer and I see not only somebody who is driving a new business and new business model and new capability but also incubating a culture." Andy Binns Key Takeaways: When you hire a Corporate Explorer you should expect them to bring new ideas into the company, and help change the culture Corporate explorers are people who use their experience within a corporation to help launch new ventures Creativity is the most important skill in today's workplace and creativity is about originality, innovation, and risk taking Corporate explorers can bring their knowledge of how things work in a big company to the table. They understand what resources are available to them, and can leverage those resources to make a successful business. The role of corporate explorers is evolving as companies look to build more strategic partnerships with startups and other external partners, but it's still critical to have them in place. As we move into a new era of innovation, where technology will play a larger role in driving business growth, these corporate explorers will become even more essential. Corporate explorers are the bridge between your company and the startup ecosystem. They help you understand what's happening on the ground, how startups are using emerging technologies, and how they can be applied to your own products or services Explorers don't just look at things from one perspective. They see what others might miss. Explorers think differently about problems. And they take risks. So how do you become an explorer? Start by asking yourself some questions. Are you curious about everything around you? Do you like learning new things? If you answered yes to both of those questions, you're ready to start exploring. You can reach Andy on Linkedin: https://www.linkedin.com/in/andrewjmbinns/ or learn more about the Book: Corporate Explorers: https://www.thecorporateexplorer.com/book For more content like this, subscribe to Mind The Innovation on Apple or Spotify, or wherever you like to listen. you can find Sannah on LinkedIn: https://www.linkedin.com/in/sannahvinding/ or visit this website: https://mindtheinnovation.com Thanks for Listening! #sannahvinding #mindtheinnovation #innovation #leadership #strategy #innovationstrategy #futureofwork #leadershipdevelopment #futureleaders #leadershippodcast #peopleskills #changemanagement #corporateexplorer #startup #communication #problemsolving #peoplecentric #companyculture #professionaldevelopment #podcast #innominders

In the latest episode of Pages of HR, I am pleased to be joined by Andy Binns, co-founder of Change Logic and award-winning corporate innovation guru. Andy has teamed up with Charles O'Reilly and Michael Tushman on the new guidebook Corporate Explorer: How Corporations Beat Startups at the Innovation Game. Corporate Explorer is a guidebook to the practices that not only can help managers go from idea to action, but also shows how success is possible. Listen in as we discuss who corporate explorers are, how corporate explorers can beat startups at the innovation game, and so much more.

 Andrew Binns is a co-founder of Change Logic, a Boston-based strategic advisory firm. He works with CEOs, boards, and senior teams as they lead significant business change. His goal is to help organizations liberate their potential to excite the world with innovation. Andy has 25 years of consulting experience as both an external and internal consultant for McKinsey & Co., the IBM Corporation, and Change Logic. At IBM, Andy was deeply involved in the Emerging Business Opportunity program, for which he received an award from IBM's vice chairman.Andy is a frequent guest speaker and lecturer at companies and business schools. His article, “Three Disciplines of Innovation,” co-authored with Professor Charles O'Reilly, was named Best Article in the California Management Review for 2020. He also co-authored the “Ambidextrous CEO” in the Harvard Business Review, “The Art of Strategic Renewal” in the MIT Sloan Management Review, and a book chapter on “Getting Started with Ambidexterity.” He is an executive fellow at the Center for Future Organization at the Drucker School of Management and a member of the Fast Company Executive Board. Andy attended the University of Sussex, New York University, and the Quinlan Business School at Loyola University Chicago. He holds degrees in political science, marketing, and organizational development. https://twitter.com/AJMBinnshttps://www.linkedin.com/in/andrewjmbinns/https://www.thecorporateexplorer.com/bookRebel HR is a podcast for HR professionals and leaders of people who are ready to make some disruption in the world of work.We'll be discussing topics that are disruptive to the world of work and talk about new and different ways to approach solving those problems.Follow Rebel HR Podcast at:www.rebelhumanresources.comhttps://twitter.com/rebelhrguyhttps://www.facebook.com/rebelhrpodcastwww.kyleroed.comhttps://www.linkedin.com/in/kyle-roed/Buzzsprout - Let's get your podcast launched! Start for FREEDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show

In this episode of Giant Talk we're delighted to be joined by Andy Binns, co-founder of Change Logic and corporate innovation guru. Today Andy is going to talk to us about innovation in the corporate world and how OKRs can be used to fuel innovation.    You can purchase the Corporate Explore here: https://www.amazon.co.uk/Corporate-Explorer-Corporations-Entrepreneurs-Innovation/dp/1119838320    Enjoy the episode!

“The good corporate explorers puncture the bubble that leadership teams often have around their business that makes them believe it'll continue and continue and continue.” In the early days, innovation was viewed as a game best left to entrepreneurs, but a new breed of corporate executives reverses this logic. Corporate Explorers possess the knowledge, tenacity, and discipline necessary to overcome barriers and launch new initiatives inside even the largest organizations. This week on Be Customer Led with Bill Staikos, we welcome Andrew Binns, co-founder of Change Logic, a Boston-based strategic advising firm. Additionally, he is a co-author of Corporate Explorer and a founding member of The Corporate Explorers Club. Most importantly, Andy is driven by the mission to assist enterprises in unleashing their potential to innovate and delight the globe. [01:31] Background – Andy discusses his background by recounting his transition from marketing to consulting. Also, he mentions what motivated him to write his book. [06:27] Corporate Explorer -  Andy explains the concept of corporate explorers and how organizations could empower such individuals. [11:27] Digital Business Transformation -  Andy points out how critical it is for an organization to be tech-savvy or forward-thinking and how to ensure that the organization develops the correct attitude internally. [13:47] Three Disciplines - Andy expresses his thoughts on how the client and the workforce contribute to success via the lens of three disciplines: Ideation, Incubate, and Scale. [19:56] Time is Up – Andy highlights how to determine when it is appropriate to transition to the next discipline.  [23:39] Success Models – Andy mentions his views about an optimal way to set up business ventures and ensure their success.  [29:15] Change Agent - Andy explains why he considers the corporate Explorer a pioneer in innovation and transformation. [33:16] Productive Tension – Andy defines productive tension and outlines how corporate explorers create and maintain it. [39:27] Role Models -  Andy shares where he finds inspiration and who he admires. Resources: Connect with Andy: LinkedIn: https://www.linkedin.com/in/andrewjmbinns/ (linkedin.com/in/andrewjmbinns/) Mentioned in the podcast: Corporate Explorer: How Corporations Beat Entrepreneurs at the Innovation Game: https://www.goodreads.com/book/show/58398731-corporate-explorer?from_search=true&from_srp=true&qid=VZ44lkuwjG&rank=1 (goodreads.com/book/show/58398731-corporate-explorer?from_search=true&from_srp=true&qid=VZ44lkuwjG&rank=1) Reimagining Capitalism in a World on Fire: https://www.goodreads.com/book/show/44064568-reimagining-capitalism-in-a-world-on-fire?from_search=true&from_srp=true&qid=efRAVEPXq3&rank=1 (goodreads.com/book/show/44064568-reimagining-capitalism-in-a-world-on-fire?from_search=true&from_srp=true&qid=efRAVEPXq3&rank=1)

Andy Binns, is the co-founder of Change Logic, a Boston-based strategic advisory firm.  More about our guest:Andy works with CEOs, boards, and senior teams as they lead significant business change. His goal is to help organizations liberate their potential to excite the world with innovation. He has 25 years of consulting experience as both an external and internal consultant for McKinsey & Co., the IBM Corporation, and Change Logic. At IBM, Andy was deeply involved in the Emerging Business Opportunity program, for which he received an award from IBM's vice chairman.------------------------------------------------Episode Guide:1:25 - What Is Innovation4:34 - Atlanta Opera Company: Approach to innovation5:48 - Japanese Firm: Approach to innovation7:19 - Adoption and Adoption Chains: Pfizer and inhalable insulin11:24 - Book: Corporate Explorer13:03 - Risk and Resilience14:33 - Silent Killers of Exploration14:55 - Silent Killer: Risk Aversion16:48 - Why "what isn't innovation?"17:23 - Stanford, Harvard, Corporations, and Research18:16 - The 3 Classic Errors21:44 - $10 billion companies: Pampers22:09 - Google and Microsoft23:08 - LexisNexis24:03 - Uniqa (European Insurance Company) and Shared Risk25:45 - Corporate Explorers' Compensation Models and Reputation Risks30:15 - Silent Killer: Professional Identity32:22 - Advice for Innovators-------------------------Resources Mentioned: Companies mentioned: Microsoft 365 LexisNexisGE DigitalUniqaHavasVictors and SpoilsDeloitteAtlanta Opera CompanyBooks Mentioned:Corporate Explorer: How Corporations Beat Startups at the Innovation Game  by: Andrew Binns buy it HEREAuthors Mentioned:Ron Adner (Tuck Business School)related works: The Wide Lens: What Successful Innovators See That Others Miss--------------------------OUTLAST Consulting offers professional development and strategic advisory services in the areas of innovation and diversity management.

Peggy and Andy Binns, cofounder, Change Logic, and author of the book Corporate Explorer, talk about how to spark innovation in the next generation. He explains why large corporations are in a good place for innovation, explaining that it is because they have assets that startups might lack to get to the innovation destination faster. They also discuss: How Netflix managed to go from DVDs by mail to streaming and how it ideated, incubated, and scaled innovations. How to give corporate explorers a license to explore and be innovative. The people who stand out and how they see a problem in the world they want to solve. thecorporateexplorer.com  (4/19/22 - 767) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G, cloud, sustainability, future of work, podcast, Andy Binns, Change Logic This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

Peggy and Andy Binns, cofounder, Change Logic, and author of the book Corporate Explorer, talk about how to spark innovation in the next generation. He explains why large corporations are in a good place for innovation, explaining that it is because they have assets that startups might lack to get to the innovation destination faster. They also discuss: How Netflix managed to go from DVDs by mail to streaming and how it ideated, incubated, and scaled innovations. How to give corporate explorers a license to explore and be innovative. The people who stand out and how they see a problem in the world they want to solve. thecorporateexplorer.com  (4/19/22 - 767) IoT, Internet of Things, Peggy Smedley, artificial intelligence, machine learning, big data, digital transformation, cybersecurity, blockchain, 5G, cloud, sustainability, future of work, podcast, Andy Binns, Change Logic This episode is available on all major streaming platforms. If you enjoyed this segment, please consider leaving a review on Apple Podcasts.

In this episode of the podcast, we are joined by Andy Binns. Andy is a corporate innovation guru, co-founder of Change Logic, and the co-author of “Corporate Explorer: How Corporations Beat Startup at the Innovation Game”. We had a fascinating conversation about innovation and entrepreneurship, both in large corporations and start-ups. So give the episode a listen! You can find more info about Change Logic here: https://changelogic.com/team/andy-binns/ Check out Andy's book here: https://www.amazon.com/Corporate-Explorer-Corporations-Entrepreneurs-Innovation/dp/1119838320 If you know of someone who would be a good guest for the show, let us know and we will try to get them as a guest. We also love to hear from our listeners, send us your questions, comments, and suggestions at bela.and.mike@gmail.com - we will answer your questions in a future episode. Thanks for listening, Bela and Mike --- Send in a voice message: https://anchor.fm/bela-musits/message Support this podcast: https://anchor.fm/bela-musits/support

In today's episode of the Idea to Value Podcast, we speak with Andy Binns, Co-Founder of Change Logic and author of Corporate Explorer: How corporations can beat startups at the innovation game. See the full episode at https://wp.me/p6pllj-1Lr  #podcast #innovation #disruption Andy has worked as a strategic advisor to Leaders for decades, with experience at McKinsey, IBM and now Change Logic. We speak about the myth of only startups being able to innovate, and what it takes for large corporations to be able to execute disruptive innovations. Topics covered in this episode: 00:01:30 - Andy's background with IBM's Emerging Business opportunities, and how this brought him to the idea that corporations can innovate better than startups 00:04:15 - Where the myth that large corporations cannot innovate comes from 00:07:00 - How survivorship and confirmation bias make people forget all the startups who tried but failed, and how corporations should not try to copy startups 00:08:30 - How LexisNexis innovated to create an entirely new business model 00:11:00 - You need different capabilities to execute disruptive and transformational innovations, rather than incremental improvements 00:12:30 - Insights from Steve Blank on running an ambidextrous organisation, and it not just being about exploring vs exploiting 00:18:00 - The importance of social capital and overcoming corporate antibodies 00:22:00 - Two case studies of a company which successfully and unsuccessfully attempted to disrupt themselves Links mentioned in this episode: Book Link: https://www.thecorporateexplorer.com Change Logic: https://www.changelogic.com Bonus: This episode was made possible by our premium innovation and creativity training. Take your innovation and creativity capabilities to the next level by investing in yourself now, at https://www.ideatovalue.com/all-access-pass-insider-secrets/ * Subscribe on iTunes to the Idea to Value Podcast: https://itunes.apple.com/gb/podcast/idea-to-value-creativity-innovation/id1199964981?mt=2 * Subscribe on Spotify to the Idea to Value Podcast: https://open.spotify.com/show/4x1kANUSv7UJoCJ8GavUrN  * Subscribe on Stitcher to the Idea to Value Podcast: http://www.stitcher.com/s?fid=129437&refid=stpr * Subscribe on Google Podcasts to the Idea to Value Podcast: https://podcasts.google.com/?feed=aHR0cHM6Ly9pZGVhdG92YWx1ZS5saWJzeW4uY29tL3Jzcw  Want to rapidly validate new ideas and innovative products and GROW your online business? These are the tools I actually use to run my online businesses (and you can too): * The best email management and campaigns system: ActiveCampaign (Free Trial) http://www.activecampaign.com/?_r=M17NLG2X  * Best value web hosting: BlueHost WordPress http://www.activecampaign.com/?_r=M17NLG2X  * Landing pages, Sales Pages and Lead collection: LeadPages (Free Trial) http://leadpages.pxf.io/c/1385771/390538/5673  * Sharing & List building: Sumo (Free) https://sumo.com/?src=partner_ideatovalue  * Payments, Shopping Cart, affiliate management and Upsell generator: ThriveCart https://improvides--checkout.thrivecart.com/thrivecart-standard-account/  * Video Webinars for sales: WebinarJam and Everwebinar ($1 Trial) https://nickskillicorn.krtra.com/t/lwIBaKzMP1oQ  * Membership for protecting content: Membermouse (Free Trial) http://affiliates.membermouse.com/idevaffiliate.php?id=735  * eLearning System for students: WP Courseware https://flyplugins.com/?fly=293  * Video Editing: Techsmith Camtasia http://techsmith.z6rjha.net/vvGPv  I have used all of the above products myself to build IdeatoValue and Improvides, which is why I can confidently recommend them. I may also receive affiliate payments for any business I bring to them using the links above. Copyright https://www.ideatovalue.com

Joining the podcast today is Andy Binns, co-author of the book Corporate Explorer. This book and Andy's perspective goes against much of what we have learned as the right way to retain talent. What Andy brings to the table today is how to develop an entrepreneurial mindset to large corporate organizations. In his experience, large organizations are great to incubate and nurture this entrepreneurial attitude and skill set. Why is this important and why aren't more organizations implementing this?

Joining the podcast today is Andy Binns, co-author of the book Corporate Explorer. This book and Andy's perspective goes against much of what we have learned as the right way to retain talent. What Andy brings to the table today is how to develop an entrepreneurial mindset to large corporate organizations. In his experience, large organizations are great to incubate and nurture this entrepreneurial attitude and skill set. Why is this important and why aren't more organizations implementing this? In addition, Andy and I discuss the challenges this current generation of talent is experiencing and what organizations can do to manage constant change. Developing an environment to retain people longer is different than it used to be and in this episode, you'll discover that it is entirely different than you might think. This topic is very timely in the current climate that we are in and I know you will find great value in Andy's perspective. His book Corporate Explorer is highly recommended. Enjoy listening to this conversation! What We Talked About in This Episode: Andy's Background and Experience Corporate Life and Entrepreneurship Can Go Together What is a Corporate Explorer? Large Companies Have Opportunities for Innovation What Companies Do to Foster Entrepreneurial Culture The Type of Culture for this Approach to Exist Cultural Incubators Within the Company Examples of Large Organizations That Use This Model Current Challenges in Business and Startups Things to Master and Managing Change Common Challenges for the Corporate Explorer Andy's Book Recommendations and Daily Rituals About Our Guest: Andrew Binns is a co-founder of Change Logic, a Boston-based strategic advisory firm. He works with CEOs, boards, and senior teams as they lead significant business change. His goal is to help organizations liberate their potential to excite the world with innovation. Andy has 25 years of consulting experience as both an external and internal consultant for McKinsey & Co., the IBM Corporation, and Change Logic. At IBM, Andy was deeply involved in the Emerging Business Opportunity program, for which he received an award from IBM's vice chairman. Andy is a frequent guest speaker and lecturer at companies and business schools. His article, “Three Disciplines of Innovation,” co-authored with Professor Charles O'Reilly, was named Best Article in the California Management Review for 2020. He also co-authored the “Ambidextrous CEO” in the Harvard Business Review, “The Art of Strategic Renewal” in the MIT Sloan Management Review, and a book chapter on “Getting Started with Ambidexterity.” He is an executive fellow at the Center for Future Organization at the Drucker School of Management and a member of the Fast Company Executive Board. Andy attended the University of Sussex, New York University, and the Quinlan Business School at Loyola University Chicago. He holds degrees in political science, marketing, and organizational development. Connect with Andy Binns: https://thecorporateexplorer.com/ Connect with John Murphy: LinkedIn Twitter YouTube Facebook If you liked this episode, please don't forget to subscribe, tune in, and share this podcast. Thanks for tuning in!

On this week's episode of Inside Outside Innovation, we sit down with Andy Binns, Coauthor of the new book, Corporate Explorer. Andy and I talk about the innovation imperative facing corporations today. And what they can do to foster an entrepreneurial environment, to create corporate explorers within their companies. Let's get started.Inside Outside Innovation is the podcast to help new innovators navigate what's next. Each week, we'll give you a front row seat into what it takes to learn, grow, and thrive in today's world of accelerating change and uncertainty. Join us as we explore, engage, and experiment with the best and the brightest innovators, entrepreneurs, and pioneering businesses. It's time to get started.Interview Transcript with Andy Binns, Coauthor of Corporate ExplorerBrian Ardinger: Welcome to another episode of Inside Outside Innovation. I'm your host Brian Ardinger. And as always, we have another amazing guest. Today, we have Andy Binns. Andy is the Cofounder of ChangeLogic and coauthor of a new book called Corporate Explorer: How Corporations Beat Startups at the Innovation Game. Welcome to the show, Andy.Andy Binns: Hey Brian, thanks very much for the invitation. I'm delighted to be here. Brian Ardinger: I'm excited to have you on the show. You have been in this innovation space for a while with McKinsey and IBM. Now you have a new book called corporate Explorer, which is exploring a lot of topics that I think are near and dear to the heart of a lot of our listeners is how can we, as corporations, become better at this whole innovation stuff? Why is innovation becoming so important for corporations to figure out?Andy Binns: That is really actually the point isn't it. And we try to open the book Corporate Explorer by saying, look, a lot of what we're talking about is really old. And it's been around forever, right? And even the notion of a corporate explorer didn't turn up in the last few years. You know, one of the earliest ones that I know of is the creation of the ATM machine. The ATM machine, Della Ru a UK based currency printer literally has the license to print money. And it's like, well, surely people want to access this differently. And this guy comes up with the notion of the ATM machine somewhere in, Surry in south of London, with Barclays Bank in the 1960s. And this was a 300-year-old corporation. This can be done by corporations, but to your point, it's got more important. And it's got more important because we know that digital is there. And transforming not only a business, but an industry. You cannot safely set within automotive and say, all those guys over in consumer devices no longer have anything to do with us. That's true there, but it's there in a dozen other industries you care to name. And so, this notion of disruption that Clay Christiansen taught us all about. It's kind of like it's present. We don't dispute it. And we certainly don't dispute it after the last two years we've had. This high degree of uncertainty is present.And so, a lot of corporations, even those who are doing really well today, I think see that the dynamics of their industry are changing at such a pace that they can't ignore a bunch of different innovations. Either because they want new revenue streams and or they need new capability. Both of these stories are going on.Brian Ardinger: Yeah, they're being forced to. It's kind of spot on. We've got technology advancements that are coming on. We've got new changes in marketplaces. We've got a pandemic. All these things are colliding at once requiring companies to think and act to move faster than they've ever had before. And yet, we still find example after example of companies that are struggling with this. And overcoming obstacles that you would think that they'd be able to overcome. Because they have quite a few advantages from a corporate perspective.Andy Binns: Absolutely. And that's why corporate innovations beat startups at the innovation game. Now they don't beat them every time. They may not even beat them half the time. But they do. And the point about assets is exactly why they do that. Right. It's when you can leverage brands customer access, technical capabilities, whatever it might be, then that's, what's going to bring you success.Brian Ardinger: So, let's dig into that a little bit more. What are the key advantages that corporations maybe aren't recognizing or aren't using to the fullest extent when they are wanting to do more innovation initiatives? Andy Binns: One of the stories we tell in Corporate Explorer is that analog devices, a really strong technology innovation company, electrical engineers. Running around making phenomenal semiconductors. Worrying about the speeds and feeds of that circuits. And then they start to observe a change in the world, particularly the industrial markets where there's this opportunity to connect their sensors, accelerometers, and various other ones to the cloud. And to use analytics, to observe the functioning of the machine.Right. It's a great space, a lot of startups are active in. And they build this product line around condition-based monitoring. They make some acquisitions to build it out so they can do acoustic sensing as well as motion and all the rest of it. But if you're a startup and you go into, tell the same solution. No one's ever heard of you. You go into Analog Devices, you're 60 years old, and your brand is based on never retiring a product and always meeting your supply commitments. But totally different conversation. The market access is a real opportunity in many cases for these corporations. And also, they can access customers in different ways because they matter as a supplier to a bunch of automotive industry clients or whatever it might be. So, I think that's a big area. The other area is sort of some of the permission to play. So, another case that we give in Corporate Explorer is of the insurance company, Unica in Austria, where they move into sort of a digital insurance product. And again, they already have the actuaries. They can already design the insurance product. They already have the licenses from the relevant European authorities to sell insurance. So again, they can just move that a little bit faster when they are using these assets to make things happen. Brian Ardinger: So, having said that corporations still aren't necessarily good at innovation. They stumble on the fact that a lot of times they get focused on executing and optimizing their existing business model. For fear of messing up that apple cart, they don't necessarily take the next steps and that. How do you create that culture of innovation such that they are willing to take risks and leverage those advantages they do have? Andy Binns: We talk in the book about these being the silent killers of exploration. A term we borrowed from Mike Beer and the silent killers is that actually there isn't a deliberate agenda to stop innovators. Right? Sometimes it feels that way, but it's rarely the case. Mostly they're on autopilot. They're on autopilot because they're focused on the short term. They wanted to eliminate risk to the degree that that's possible. They want to preserve the way they think business should be done. Right. Which is that power of sort of professional skills and identity, which has such an influence on corporations.And so, I think what they need to do is to learn. It's a learning agenda for them. And I think we are those teachers. You are that teacher, the listeners on the podcast are their teachers. And what they've got to learn about is experimentation. Moving into small increments. Rather than spending a lot that needs to spend little amounts. So that they are in a position to find out where the markets are and where the opportunities lie.I think that they need to trust their Corporate Explorers. Get off this notion that importing people who've been in a series of failed startups, that they're going to know how to get this done. It's very disrespectful for all the many people who've done fabulous work in startups, and then moved to corporations. Done spectacularly well. But why would you trust them? They failed, right? The point is that inside the company, there are Explorers, and you need to give them the space, the license. We need to talk about what license means to make that happen. And then finally, the Corporate Explorers themselves need to see themselves not simply as innovators, but also as leaders of change. Too many innovators or potential Corporate Explorers in corporations go hide their project and try to get on with it without getting too much interference. And what they need to do is build a movement behind what they're doing. They need to win allies. They need to win advocates. They need to figure out how to get that movement going behind what they're doing, so that when they hit roadblocks, which we know they always will. They have people who are willing to support them and explain what it means, why this is learning. Not failure. If I had a criticism of our colleagues in that function in organizations is that sometimes they miss that change, that human social building this network inside the company toolkit. Which is actually one of those big things that's critical to success. Brian Ardinger: So, let's dig into the book a little bit. This idea of a Corporate Explorer. Can an average person within a company become a Corporate Explorer? Is there a certain skillset or knowledge or our mindset that's required? Talk a little bit about what it means to be a Corporate Explorer and tasks behind that. Andy Binns: To a large degree, the Corporate Explorer is exactly the Samsung Entrepreneur. They see a problem in the world. They want to solve. They're dissatisfied with something that's happening. We tell the story of Sara Carvalho at Bosch. That Sara is out hiking through the Andes, the lovely sounding image, right. And she gets home to the home of the people who are hosting her. And she says, I want to take a hot shower. Well, they don't have hot water in Peru. That's not something. Essentially then sets about how do we use Bosch's technology to create a solution to providing hot water.It could be Sara and these other examples I gave the same. We've told the story of Balaji Bondili at Deloitte. He gets involved in the tsunami relief in Asia. And he sees the power of the crowd. He's ah, the power of the crowd. This is something that could transform consulting. And like 10 years later, he gets into it right. So there's this passion behind something in the world you think you can fix. And some way you think you might be able to do something about. And that's true in entrepreneurs and in Corporate Explorers, the same. What's different is this social ability. The corporate explorers that succeed, are those that firstly can articulate a case in wagon gets attention. They're really good storytellers. They can bring the possibility and opportunity of what they're proposing to attention. And they do so not because they say, oh, we can just get a little bit better. Yeah. If you back me, it will be, yeah. There's a small piece of revenue that I can build. Know they've got ambition. They said this is transformative. And the thing is that that actually gets more senior attention than the safe I can do a little bit better. Because it starts to hit the scale of what a senior manager is interested in. So, they do that really well. And then they build out this network of support around that idea so that they're able to then execute it and sustain it.That's the piece of differences, is this great ambition and storytelling, combined with the social network. So that their building. And I'll tell you, there's another thing, Brian, I've learned as I've met these people. I hope it comes out in the book as we tell the stories, is that they're humble. They don't mind if other people make them successful.You go around Vienna, and my great friends at UNIQA Insurance. And there are a dozen people who think they help make Krisztian Kurtisz successful at building this digital community insurance product Cherrisk. And he just has a way of making other people feel they played a role that also is something, again, I think different from an Elon Musk that defines the great Corporate Explorer. It sort of takes a community of leaders around it, not just those involved in the project, or the venture themselves. But also, the people who are going to be actively engaged in supporting Brian Ardinger: If I'm in a corporation and I'm trying to understand, and maybe even find the Corporate Explorers within my own walls and that I can nurture and build that. Are there particular techniques or things that you've seen to help identify those Corporate Explorers within your company? And then what number of Corporate Explorers do you really need to have an impact? Andy Binns: I think this is sort of the proactive and reactive if you will. Right. And the reactive model is simply, are you listening? Are you actually looking out for them? I'll tell you one of the most successful Corporate Explorers we talk about in the book is Jim Peck at LexisNexis, right?He built a multibillion-dollar business in 10 years, inside and existing corporation, which does legal and news information. He builds this big data risk analytics business. And Jim saw the insight. He had the idea. He proposed, nobody gave him the responsibility. That this incidentally is true of Krisztian and UNIQA Insurance.Nobody gave him, here go build me a billion-dollar business. He proposed it. So, there's a reactive side. Now are you listening. Are you ready to cope with that? Ideally, do you have an ambition. A sort of strategic ambition that says, this is what we want to do, so that if I'm Jim or Krisztian in the business, I feel I have a license to propose those ideas.One of the great examples is MasterCard. And they had this ambition to wage a war on cash. That's actually a really empowering thing. That tells me I've got to find ways of converting this big number, like that point 85% of transactions on cash to digital. I know wow, those are the ideas, that's how I evaluate success, right?That reactive piece. And that inspired. The proactive thing is go looking for them. And I think there your best bet is some sort of participative competitive approach where you're focused on solving customer problems. What are the top 10 customer problems you want to solve in the world? And invite people to come up with ideas.And we can talk more about this. I think there's a problem in corporations of too much idea creation. But I think the, hey, how can we solve these customer problems? How can we add more value to different customer groups? What places are there, where there are customer groups we've identified that may have problems we can grow into. That kind of thing is a great place to encourage people to participate and then step forward with their idea.And then don't spend too much on any one idea. Startups run through scarcity and so should corporate ventures. They should be, they should be begging for cash. As corporations, in some cases are, they worried much more, particularly in Europe I find, they worry much more about the size of their office. And how big the team is that they can hire. And all this kind of stuff. Which is complete nonsense in comparison to have you validated the idea. Have you done enough to prove out whether that's a really a market for it or not?Brian Ardinger: Following on the incentives conversation, a lot of times we think, I mean, you mentioned there's a lot of intrinsic incentives that seem to be in play for the Corporate Explorers that actually have success within that. How does a company think about incentivizing folks to raise their hand and say, hey, I want to be an entrepreneur within the walls or, or I want to take my ideas forward? Are there things that seem to work better than others?Andy Binns: It's a pretty complex area for sure. And there's a view out there, I think that what we need to do in corporations is in some way mirror the rewards of the, of a startup. So, Intel had this approach. Potentially ended after we published the book. And they said, okay, go and build a venture. We'll give you what you need.And if it reaches an external valuation of a billion dollars, we'll give you 10 million or a business unit, will buy it out for 10 million. It didn't work. And it didn't work, also if you think about it, it introduces a perverse incentive to spin out the venture outside of the corporation. So, you don't get the value from it because you're going to get far more on the open market than you are in the corporation.That's great for the individual Corporate Explorer or entrepreneurs. It's lousy for the corporation. It's a flawed notion of incentives. And most of the people I've mentioned, who've done this successfully, are ones who actually have received very little additional compensation. Now that doesn't mean that they haven't done very well for themselves. Because this is a great way to prove your career. To prove that you're a CEO.Jim Peck ended up being CEO, not only of LexisNexis Risk, but also of two further corporations. He's now CEO Nielsen IQ Market Research Fund, and Krisztian's career has blossomed. Others have blossomed. There are real opportunities. It's just not the same as an entrepreneur. And so, I think what we need to do is. The issue is less about what we pay them, and it's more about the environment we create. That accepts that explore businesses are different than the core business. That how you evaluate them, how you manage the fact that there are high degrees of uncertainty around how fast they'll generate a return, that's the point. And if you make it so that that's accepted and understood and well-managed, then your corporate explorers will emerge. If you make it, oh, you've got a great idea. I want to see a five-year cash projection on how you're going to deliver the same margin as the core business, then you going to throw them out, right? You're going to eject them over time. That's really the area of incentive that I think we should focus on much more than the individual payment.Brian Ardinger: So, my question I want to ask about is how do you know if you're making progress? How do you know if your corporation is getting more innovative? What are some key measurements or ways to know if you're making progress? Andy Binns: You know, I think that it is for me about how many revenue generating businesses have you created. Again, there are some who would say, this is about how many billion-dollar external valuations. This is nonsense. I know the valuations matter. If I had a billion-dollar corporation and I was selling it, putting in my money in my pocket, I'd be delighted. Many people would. Of course. But that's not what corporate life is about. It's something else. And so, you've got to understand that that you're fulfilling different objectives. So, I want to see that I've got revenue generating businesses that in the markets I define on winning, we talk a lot about how, if you're going down this path of creating new businesses, you want to have a really clear ambition. Like this way to wage a war on cash.And then you want to know what are the hunting zones you're going to play in. In order to achieve it. So, I want to know how many ventures have I got in my hunting zones? And how many of those are on track towards the kind of revenue goals that I have for them or the kind of milestones that I need in order to get that? Because it's all about ideating, incubating, and scaling ventures. That's success, you know, activity is not success. And so, I want to ultimately see that happen. Brian Ardinger: And knowing that you can't bet on the winners at the very beginning. You have to have a portfolio of ideas that are coming through at all times. So that you can see the progress with evidence and, and, bet on the ones that are moving forward. Andy Binns: Absolutely. And this whole area of portfolio managing your innovation is something that I think is critical. One of my colleagues Noel Sobleman talks a lot about this. And I think he's on the money. Brian Ardinger: So last topic I want to talk about is we are in this great resignation. And this area where people are moving around and trying different things, and the world has completely changed. What are your thoughts when it comes to retention or hiring of innovators? And these corporate explorers? Andy Binns: I think it's a tough moment for corporations. One where they should be fairly concerned that they're going to lose their best talent. Because if you look at the stats, what goes side by side with great resignation is a record number of new business formations in the U.S. Some of those are going to set up coffee shops, coffee roasters, breweries, distilleries. People who are enjoying themselves, doing something different from corporate life.But there's a large number which are people seeking to realize their entrepreneurial ambition. And so, if I'm a manager in a corporate business or senior executive, and I'm seeing this happen, I should be asking myself, why am I losing my most entrepreneurial talent when I could be using that to sponsor growth in my business.That's where I think that needs it. So, all of the stuff we've talked about, about creating the license to explore. Giving them customer problems, to solve. Investing small amounts and making things happen, and then scaling the ones that work. I think that actually is a key part. It's not the whole answer to this story of, of the great resignation, but it's a piece of it.And it also is about, you know, people want a future. They want to believe in something. They want a why. And doing new stuff, demonstrating like in sustainability. Is one of the interesting things is that most of the ideas, you know, we do a little bit work with Wazoku is one of the idea management platforms. And Simon Hill told me that more than half of the ideas on the Wazoku platform across all of their client base has to do with sustainability right now.And people want to see you're making progress on something like. And that's a story of innovation. How can you scale that to a level that actually has business impact? And I think again, that creates purpose, commitment, a sense of being a part of something that matters. Again, a key level of the innovation component.Brian Ardinger: Like you said, it's really never been a better time to tap into new and exciting projects. There are far more problems out there that people need solved. And they're constantly changing. So, you're in a good spot, if you, again, encourage folks to raise their hand and find those problems and have the ability to solve them. Andy Binns: Yeah. I think that's exactly right, Brian. Yeah. Very well said. For More InformationBrian Ardinger: So, Andy, I want to thank you for coming on Inside Outside Innovation. If people want to find out more about yourself or about the book Corporate Explorer, what's the best way to do that? Andy Binns: Yeah, you could go to thecorporateexplorer.com or changelogic.com and learn about us. Learn about our research. I've written this book with two professors. Mike Tushman from Harvard. Charles O'Reilly from Stanford. They've also written some other books on the topic. Lead and Disrupt in its second edition, is another excellent text to dig into this whole area of how corporations can win and do win at innovation. Brian Ardinger: Excellent. Well, Andy, thanks again for coming on Inside Outside Innovation. Really appreciate your time. Really appreciate your insights and look forward to continuing the conversation in the years to come. Andy Binns: Likewise. Thanks Brian.Brian Ardinger: That's it for another episode of Inside Outside Innovation. If you want to learn more about our team, our content, our services, check out InsideOutside.io or follow us on Twitter @theIOpodcast or @Ardinger. Until next time, go out and innovate.FREE INNOVATION NEWSLETTER & TOOLSGet the latest episodes of the Inside Outside Innovation podcast, in addition to thought leadership in the form of blogs, innovation resources, videos, and invitations to exclusive events. SUBSCRIBE HEREYou can also search every Inside Outside Innovation Podcast by Topic and Company.  For more innovations resources, check out IO's Innovation Article Database, Innovation Tools Database, Innovation Book Database, and Innovation Video Database.  We use Amazon Affiliate links for books and Descript Affiliate for transcripts.  

Season 2 of the Workplace Solutions Podcast and Webinar Series! Andy Binns is co-author of Corporate Explorer: How Corporations Beat Startups at the Innovation Game, together with Professor Michael Tushman from Harvard Business School and Professor Charles O'Reilly from Stanford. The book will be published by Wiley on February 2nd, 2022. He is a director of the Boston-based innovation advisory firm, Change Logic, which works with CEOs and senior teams to help design and execute growth strategies. Before Change Logic, he was with IBM, where he won an award for his work on the company's Emerging Business Opportunity Program, and McKinsey & Co. Social media and website information: https://thecorporateexplorer.com/ https://www.linkedin.com/in/andrewjmbinns/ ________________________________________________ Thank you again for joining us today! If you know anybody that would benefit from this episode please share it with them and help spread the knowledge and motivation. -- Subscribe and rise up for you to be your best: https://www.youtube.com/c/riseupforyou -- Enroll in one of our Coaching Programs today to improve your life, deepen your success and increase your potential in work and life: https://www.riseupforyou.com/coaching -- Check Out our Book, Rise Up For You: Closing the Gap Between You and Your Potential https://www.nadalena.com/book -- Follow us on Social Media: LinkedIn: https://www.linkedin.com/in/nadalena/ Facebook: https://www.facebook.com/RiseUpForYou/ Instagram: https://www.instagram.com/riseupforyou Sign up for our FREE Master Success Kit: https://www.riseupforyou.com/successkit Looking for more support? Grab your free coaching call with our team completely FREE! Bring your questions about Confidence, Leadership or Business and we will assign you the best coach to provide customizable support. SCHEDULE YOUR FREE CALL HERE https://calendly.com/riseupforyou/coaching?back=1&month=2021-09

Andy Binns is our brilliant guest on Author's Corner riffing about his book Corporate Explorer: How Corporations Beat Startups at the Innovation Game. Co-written with Charles O'Reilly and Michael Tushman, this book uncovers workplace rebels with explorer instincts. These are your whip-smart employees with a burning entrepreneurial flame that blazes. Learn how to lead and collaborate from this insightful show.Become a supporter of this podcast: https://www.spreaker.com/podcast/success-made-to-last-legends--4302039/support.

Andy Binns is our brilliant guest on Author's Corner riffing about his book Corporate Explorer: How Corporations Beat Startups at the Innovation Game. Co-written with Charles O'Reilly and Michael Tushman, this book uncovers workplace rebels with explorer instincts. These are your whip-smart employees with a burning entrepreneurial flame that blazes. Learn how to lead and collaborate from this insightful show.

Andrew Binns and Charles O'Reilly are co-founders of Change Logic, a Boston-based strategic advisory firm. Charles is a Professor at the Stanford Graduate School of Business and author of multiple other books on business management. They partnered with Michael Tushman, Professor at Harvard Business School, to coalesce their decades of collective experience in innovation and corporate transformation to create the Corporate Explorer: How Corporations can Beat Startups at the Innovation Game. In a conversation with Martin Reeves, Chairman of the BCG Henderson Institute, Andy and Charles discuss insights from the new book. While large corporations have relationships, assets, and capabilities to leverage at an advantage over startups, they must overcome impediments to innovation such as bureaucracy, a bend towards efficiency, and risk aversion. The book serves as a philosophical and tactical playbook to help large established corporations overcome these obstacles through all three stages of innovation: from ideation, and incubation, to scaling. The authors aim to encourage more managers to follow the path to become a Corporate Explorer and for more senior leadership teams to give them the strategic, financial, and organizational support they need. *** About the BCG Henderson Institute The BCG Henderson Institute is the Boston Consulting Group's think tank, dedicated to exploring and developing valuable new insights from business, technology, economics, and science by embracing the powerful technology of ideas. The Institute engages leaders in provocative discussion and experimentation to expand the boundaries of business theory and practice and to translate innovative ideas from within and beyond business. For more ideas and inspiration, sign up to receive BHI INSIGHTS, our monthly newsletter, and follow us on LinkedIn and Twitter.

Andy Binns is the Co-founder and Director at Change Logic, working with clients that are ideating, incubating, and scaling new businesses inside existing organizations. He's also the author of Corporate Explorer: How Corporations Beat Startups at the Innovation Game: https://thecorporateexplorer.com/book He's also an Executive Board Member at Fast Company and an Executive Fellow at the Drucker School of Management. On this episode of the Strategy & Leadership Podcast, Andy joins us to discuss corporate explorers - who they are, what they do, and how to become one. He also poses an important question near the end: What's the scale of your ambition? // Learn more about strategic planning & implementation: ► Subscribe so you never miss a video: www.youtube.com/channel/UCOHLNRrp…ub_confirmation=1 ► Get free workbook to guide you along the process: www.smestrategy.net/strategic-plann…mplate-workbook ► Learn how to successfully lead your next strategic planning process: www.smestrategy.net/strategic-plann…ng-steps-course // More strategic planning resources: ► Join our free community: strategy-and-leadership.mn.co/ ► Are you looking for someone to facilitate your strategic planning process? www.smestrategy.net/strategic-plann…ator-consultant ► Want software to track your strategic plan. Get a 90-day free trial of Cascade Strategy: www.smestrategy.net/cascade // Connect with us: Blog ► www.smestrategy.net/blog Strategy & Leadership Podcast ►www.smestrategy.net/podcast Alignment Book ► www.smestrategy.net/alignment-book Contact us ►www.smestrategy.net/contact Subscribe on YouTube ► www.youtube.com/channel/UCOHLNRrp…ub_confirmation=1 // ABOUT SME STRATEGY CONSULTING: SME Strategy is a management consulting firm that specializes in helping organizations develop and implement their strategic plans. We work with teams to facilitate conversations about strategic direction and business strategy so that our clients can focus their energy on what will move them forward faster. Based out of Vancouver, BC, we've worked with organizations all over North American and beyond in various industries including nonprofits, universities & government organizations. For more information on working with a facilitator for your next strategy session: www.smestrategy.net/strategic-plann…ator-consultant

https://www.alainguillot.com/andrew-binns/ Andy Binns is a management advisor, award-winning author, and speaker on innovation and change. His book is Corporate Explorer: How Corporations Beat Startups at the Innovation Game. Get the book here: https://amzn.to/3KWjjWH

The threat of disruption from smaller, more digitally savvy firms has motivated big corporates to launch efforts to build disruptors of their own. A few have succeeded, while many are wondering how to convert new ideas into new revenue. Andy Binns - an Executive Fellow at the Center for the Future of Organization, at Drucker School of Management - explains that most firms over emphasize ideation at the expense of two other innovation disciplines - incubation and scaling. He also elaborates on what they can do to correct that and accelerate the odds of success.

Andy Binns and his company Change Logic love innovation, disruption and the ways companies and leaders think differently. Tomer Zvulun asks him about his work, his view on Steve Jobs and other visionaries, and his upcoming book. Binns' upcoming book, Corporate Explorer: how corporations beat startups at the innovation game, is a guide book for managers and executives seeking to build new businesses inside existing organizations. It was co-written with last week's Business of Opera podcast guest, Dr. Michael Tushman. Book website is: https://thecorporateexplorer.com/

Michael Tushman is a Baker Foundation Professor, Paul R Lawrence Professor Emeritus, and faculty chair of the Advanced Management Program (AMP) at Harvard Business School. He is also a founding director of Change Logic, a Boston-based strategic advisory firm. Michael is internationally recognized for his work on the relations between technological change, executive leadership and organization adaptation, and for his work on innovation streams and organization design. Mike is an active business consultant and educator, working with CEOs and senior teams around the world. Mike leads several Harvard Business School's premier learning opportunities for executives. In addition to AMP, he is faculty co-chair of Leading Change and Organizational Renewal and is a former Faculty Chair for the Professional Leadership Development Program. He also teaches on the Business Analytics Program, HBS's first online only program. Mike's publications include Lead and Disrupt, Winning Through Innovation: A Practical Guide to Leading Organizational Renewal and Change, both with Charles O'Reilly; and Corporate Explorer: how corporates beat startups at the innovation game with Andy Binns. In this podcast he shares: How to structure a company so it can simultaneously exploit your current business and explore new businesses The definition of an ambidextrous organizationWhy it's so critical that you think about your firm's “identity” and purpose And why the greatest barrier to your ability to innovate may be dealing with “identity threats” __________________________________________________________________________________________"My experience with ambidexterity is the structure is pretty trivial. You just put the past in the future. Oftentimes the reason that ambidextrous structures fail is that the senior team cannot deal with the paradox and tensions and contradictions associated with both exploiting and exploring simultaneously. So I would beg the strategy types in the room to help your colleagues attend to inconsistent strategies simultaneously in service of the overarching identity and help their colleagues deal with tension in the room is that is not there exploit always kills, explore."-Michael Tushman__________________________________________________________________________________________Episode Timeline:00:00—Introducing Michael Tushman + The topic of today's episode2:38—If you really know me, you know that...2:01—What is your definition of strategy?4:50—What are you most well-known for?7:25—Could you explain to us the concept of an ambidextrous organization?10:15—How do you find leaders that can manage the tension between exploit and explore?15:40—Could you explain how explore companies differ in how they shape the context and rules?16:50—Could you explain a little more about this identity conflict that companies experience?19:18—What are you working on now and how should people connect with you?__________________________________________________________________________________________Additional Resources:Faculty Page at HBS: https://www.hbs.edu/faculty/Pages/profile.aspx?facId=6584LinkedIn: https://www.linkedin.com/in/michael-tushman-b356a57/Most recent book: https://hbswk.hbs.edu/item/is-company-failure-inevitable

Michael Tushman is a Baker Foundation Professor, Paul R Lawrence Professor Emeritus, and faculty chair of the Advanced Management Program (AMP) at Harvard Business School. He is also a founding director of Change Logic, a Boston-based strategic advisory firm. Michael is internationally recognized for his work on the relations between technological change, executive leadership and organization adaptation, and for his work on innovation streams and organization design. Mike is an active business consultant and educator, working with CEOs and senior teams around the world. Mike leads several Harvard Business School's premier learning opportunities for executives. In addition to AMP, he is faculty co-chair of Leading Change and Organizational Renewal and is a former Faculty Chair for the Professional Leadership Development Program. He also teaches on the Business Analytics Program, HBS's first online only program. Mike's publications include Lead and Disrupt, Winning Through Innovation: A Practical Guide to Leading Organizational Renewal and Change, both with Charles O'Reilly; and Corporate Explorer: how corporates beat startups at the innovation game with Andy Binns. In this podcast he shares: How to structure a company so it can simultaneously exploit your current business and explore new businesses The definition of an ambidextrous organizationWhy it's so critical that you think about your firm's “identity” and purpose And why the greatest barrier to your ability to innovate may be dealing with “identity threats” __________________________________________________________________________________________"My experience with ambidexterity is the structure is pretty trivial. You just put the past in the future. Oftentimes the reason that ambidextrous structures fail is that the senior team cannot deal with the paradox and tensions and contradictions associated with both exploiting and exploring simultaneously. So I would beg the strategy types in the room to help your colleagues attend to inconsistent strategies simultaneously in service of the overarching identity and help their colleagues deal with tension in the room is that is not there exploit always kills, explore."-Michael Tushman__________________________________________________________________________________________Episode Timeline:00:00—Introducing Michael Tushman + The topic of today's episode2:38—If you really know me, you know that...2:01—What is your definition of strategy?4:50—What are you most well-known for?7:25—Could you explain to us the concept of an ambidextrous organization?10:15—How do you find leaders that can manage the tension between exploit and explore?15:40—Could you explain how explore companies differ in how they shape the context and rules?16:50—Could you explain a little more about this identity conflict that companies experience?19:18—What are you working on now and how should people connect with you?__________________________________________________________________________________________Additional Resources:Faculty Page at HBS: https://www.hbs.edu/faculty/Pages/profile.aspx?facId=6584LinkedIn: https://www.linkedin.com/in/michael-tushman-b356a57/Most recent book: https://hbswk.hbs.edu/item/is-company-failure-inevitable