Podcast appearances and mentions of rita mcgrath

Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen by Rita Gunther McGrath Inflection points, as discussed first by Andy Grove in his book, Only the Paranoid Survive, are paradigmatic shifts that lead to entrepreneurial opportunities, such as those companies like Amazon and Netflix seized, or lead to failure, if not responded to adequately as in the instances of companies like Nokia, Blockbuster, Intel, Kodak, and Xerox. Leaders must “see around corners” to identify disruption and must respond appropriately. Business School Professor and consultant Rita McGrath contends that though the disruption often seems sudden, it is not entirely random and can be anticipated. Typically, it is the result of process that has been brewing for some time. Armed with the right strategies and tools, organizational leaders can identify that a disruption is arriving and can benefit from it if they take timely steps. This book is a guide to anticipating, understanding, and capitalizing the inflection points in the lives of business. Rich in example, itprovides a structured approach to understanding and responding to the disruptive inflections every business inevitably face. Case study presentations and illustrations are central. This book is a must for navigating in a world of constant disruptions. Alfred Marcus, Edson Spencer Professor of Strategy and Technology University of Minnesota Carlson School of Management. Learn more about your ad choices. Visit megaphone.fm/adchoices

❌ Innovation by committee.❌ Waiting for approval.
❌ Endless alignment meetings.It's not working. And Rita McGrath, C-suite strategist, professor at Columbia Business School and Founder of Valize, says it's time to stop pretending it is!In our latest Business of Joy episode, she breaks down what happens when teams go permissionless—and why it leads to:✅ 75% faster execution
✅ Smarter, more motivated teams
✅ Strategy that actually keeps up with realityWe also dug into Gen Z, leadership blind spots, and how small changes (just 2% better!) lead to big reinvention.If you're clinging to hierarchy, you're already behind!Rita's Website: https://www.ritamcgrath.com/Her Thought Sparks Podcast: https://www.ritamcgrath.com/podcast/Velize: https://velize.com/Rita's YouTube: https://www.youtube.com/user/rgmcgrathHer Current Bedside Book: https://www.amazon.com/Wiring-Winning-Organization-Slowification-Simplification/dp/1950508420

Is there such a thing as a sustainable competitive advantage anymore? Step into the strategic mind of Rita McGrath, one of the foremost thinkers in innovation and strategy. In this eye-opening conversation, the Columbia Business School professor challenges conventional thinking about market disruption, inflection points, and how organizations can stay agile in rapidly changing environments. From dissecting the true story behind Kodak's downfall to examining what makes companies like Apple thrive, Rita reveals how business leaders can anticipate change before it's too late. Discover why focusing solely on your competition might be your biggest strategic mistake and why understanding your "arena" rather than your market could be the key to future success.---Guy Kawasaki is on a mission to make you remarkable. His Remarkable People podcast features interviews with remarkable people such as Jane Goodall, Marc Benioff, Woz, Kristi Yamaguchi, and Bob Cialdini. Every episode will make you more remarkable.With his decades of experience in Silicon Valley as a Venture Capitalist and advisor to the top entrepreneurs in the world, Guy's questions come from a place of curiosity and passion for technology, start-ups, entrepreneurship, and marketing. If you love society and culture, documentaries, and business podcasts, take a second to follow Remarkable People.Listeners of the Remarkable People podcast will learn from some of the most successful people in the world with practical tips and inspiring stories that will help you be more remarkable.Episodes of Remarkable People organized by topic: https://bit.ly/rptopologyListen to Remarkable People here: **https://podcasts.apple.com/us/podcast/guy-kawasakis-remarkable-people/id1483081827**Like this show? Please leave us a review -- even one sentence helps! Consider including your Twitter handle so we can thank you personally!Thank you for your support; it helps the show!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Is your organization built for a world where 90% of organizational value now comes from intangibles? Rita McGrath explores why traditional hierarchies are dissolving into ecosystem constellations.In this thought-provoking episode of Ecosystemic Futures, host Marco Annunziata welcomes Columbia Business School professor and strategy expert Rita McGrath to discuss how ecosystemic thinking can help organizations navigate major economic inflection points. Professor McGrath reveals how our economic ecosystem is undergoing a profound transformation. According to recent studies, intangible assets now account for 90% of S&P 500 market value, dramatically increasing from just 17% in 1975. This shift dissolves traditionalorganizational boundaries and creates new ecosystem models where "the unit of value creation is small teams or even individuals" connected in constellation-like networks rather than hierarchical structures.Highlights• Strategic inflection points represent moments when industry assumptions fundamentally shift, creating both opportunities and threats for organizations• Intangible assets now account for 90% of S&P 500 market value (up from 17% in 1975), transforming how value is created and captured• The "unit of value creation" is shifting from large corporations to ecosystem constellations of small teams and individuals• "Memories from the future" methodology helps leaders identify early warning signals of strategic inflection points before they fully materialize• AI-powered digital twins are revolutionizing supply chains, enabling organizations to model thousands of response scenarios to disruptions in minutesThe conversation examines how interconnected global systems are being reshaped by dematerialization, with examples ranging from vertical urban farming projected to reach $35.8 billion by 2032 to Hyundai's revolutionary vertical car manufacturing facility in Singapore. Rita and Marco explore how AI-powered digital twins transform supply chain ecosystems, allowing companies like Kraft Heinz to model thousands of response scenarios to disruptions in minutes—a task that is impossible for human analysts.As one of the world's top-10 ranked management thinkers, Rita McGrath offers scientists, technologists, and forward-thinking executives a framework for identifying early ecosystem signals through "memories from the future"—a robust methodology for navigating the transition from our petroleum-based past to our digital, ecosystemic future where intangible investment has consistently outpaced tangible investment since 2008 across major economies. Guest: Rita McGrath, Best-selling author, sought-after speaker, and longtime professor at Columbia Business SchoolHost: Marco Annunziata, Co-Founder, Annunziata + Desai PartnersSeries Hosts: Vikram Shyam, Lead Futurist, NASA Glenn Research CenterDyan Finkhousen, Founder & CEO, Shoshin Works

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AI Transforming Consulting: Strategies, Ethics, and the Future   The world of consulting is experiencing a seismic shift, largely driven by AI. In this episode, we are joined by Ryan Shanks (Head of Innovation for Accenture EMEA), Alex Osterwalder (CEO of Strategyzer), and Rita McGrath (Columbia Professor, Author and Founder of Valize). They discuss the traditional consulting model, the impact AI has on roles within consulting, and the broader implications on the industry and society. They also delve into the importance of human skills, the evolving business models, the significance of trust in digital transformation, and the shifting landscape of organizational structures and career paths. A must-watch for anyone involved in or interested in the consulting sector.   00:00 Introduction to the Changing World of Consulting 00:40 Traditional Consulting Models and Their Evolution 02:01 Impact of AI on Consulting Roles 02:28 Building and Hiring in the New Consulting Landscape 03:23 AI's Role in Transforming Business Models 05:18 Real-World Examples of AI Integration 14:09 The Need for Continuous Reinvention 18:28 Outcome-Based Consulting and Ethical Dilemmas 24:46 Future of Consulting: Marketplaces and Ecosystems 26:35 The Rise of Small AI-Driven Firms 27:23 Impact on Education and Hiring 28:35 Human Skills in the Age of AI 30:22 Trust and Ethics in AI 31:36 Adapting to Rapid Change 32:53 The Role of Human Sciences 36:09 The Future of Work and AI 43:16 Leadership and Governance Challenges 46:10 Final Thoughts and Reflections   Find Rita: Find Alex: Find Ryan: https://ie.linkedin.com/in/ryanmartinshanks Find The Reinvention Summit:   Innovation, AI, Consulting, Business Strategy, Digital Transformation, Reinvention, Change Management, Future of Work, Organisational Culture, Emerging Trends, Rita McGrath, Alex Osterwalder, Ryan Shanks, Strategic Inflection Points, Ecosystem Thinking, Entrepreneurship, Human-Centric Design, Technology Disruption, Leadership, Continuous Reinvention

Rita McGrath is a best-selling author, sought-after speaker, and longtime professor at Columbia Business School. She is widely recognized as a premier expert on leading innovation and growth during times of uncertainty. Rita has received the #1 achievement award for strategy from the prestigious Thinkers50 and has been consistently named one of the world's Top 10 management thinkers. Rita has also consulted CEOs of Fortune 500 companies worldwide.   Rita has written five books, including Discovery Driven Growth, cited by Clayton Christensen as creating one of the most important management ideas ever developed. Rita received her Ph.D. from the Wharton School and has degrees from Barnard College and the Columbia School of International and Public Affairs. In this episode we discuss the following: At any given time, we're in one of two situations: low uncertainty or high uncertainty. And the mistake we so often make is using the techniques we use for low uncertainty in the domain of high uncertainty. When we're in an uncertain environment, where we're making a lot of assumptions, we need to collect data to convert those assumptions to facts. Rita calls this Discovery Driven Planning. When planning for a conventional line of business, uncertainty is low, managers have good data, and people can accurately forecast the future with relative precision. But when launching an entirely new venture, uncertainty is high, so it doesn't make sense to start off with a big team, ambitious goals, all the money upfront, and definite deadlines. Rather, we should do the opposite and start small, collect data, test assumptions, and iterate. When making decisions, we should first assess whether we're in Situation 1 (low uncertainty) or Situation 2 (high uncertainty). And if we find ourselves in Situation 2, we should start small, collect data, test assumptions, and iterate.   Connect on Social Media: X: https://twitter.com/nate_meikle LinkedIn: https://www.linkedin.com/in/natemeikle/ Instagram: https://www.instagram.com/nate_meikle/ Youtube: https://www.youtube.com/@nate.meikle

In this week's Thursday Thought, we explore the crucial role of 'Helpful Cassandras'—individuals with heightened perceptions of change within business environments. Drawing on analogies from nature, quotes from visionaries like Warren Buffet and Andy Grove, and the concept of 'Umwelt' by Jakob von Uexküll, we discuss how different sensory frameworks shape our understanding of market shifts and disruptions. The episode highlights the importance of recognizing and supporting these perceptive individuals to stay ahead of crises and seize new opportunities. Don't miss out on the launch of The Reinvention Summit, featuring a workshop led by Rita McGrath on early warnings and trend detection.   00:00 Introduction: Focus on the Playing Field 00:30 The Role of Helpful Cassandras 00:46 Developing Organizational Antennas 01:53 Understanding Umwelt in Business 03:14 Rodents: Masters of Olfactory Perception 04:26 Economic Signals: Smelling the Sausage 06:45 The Cassandra Story: Andy Grove and the Helpful Cassandras 09:16 Embracing Early Warnings 10:51 Conclusion: Join The Reinvention Summit     Article: Navigating Change: The Hidden Scents, Sausages and Trip Wires  “Games are won by players who focus on the playing field - not by those whose eyes are glued to the scoreboard.” - Warren Buffet. Just as different species perceive their environments in unique ways, individuals within a business environment experience and interpret the world around them through their subjective lenses. Some of these individuals—like modern-day Cassandras—are particularly attuned to early signs of change or disruption, but their warnings are often ignored. Using the analogy of rodents' heightened sense of smell, we explore how these Helpful Cassandras can guide companies away from crisis or towards new opportunities.yet are frequently overlooked. Embracing their foresight is crucial to navigating an uncertain future. "The capacity of an organization to read its environment somewhere out there, which requires hiring some people whose sole job is to pay attention to the things that we're not paying attention to. If you think about any system, any [00:01:00] creature has only certain antennas. Which means that those antennas allow them to be in touch with this part of the world and not that part of the world. And they get in trouble when the world suddenly has something as a threat to them that they have no antennas for. So it's very important in an organization to develop the capacity here to have these kind of emergent antennas. And or to have at least parts of things that are paying attention to what people are not paying attention to, because, in most every case, when a crisis is coming, there are people who know nobody wants to listen to them because things are going well. And you certainly don't help your career by talking about them. So I think organizations, if they want to really be on the edge of things, have to build in as capacity here to surveil parts of environment. That it has not been paying very much attention to." - Stan Deetz, Innovation Show 559  Jakob von Uexküll was a pioneering biologist interested in how living beings perceive their environments. [00:02:00] He argued that organisms experience life through species-specific, subjective reference frames he called Umwelt (The German word for environment). Each species experiences the world through its own unique sensory lens. A tick, for instance, uses the smell of butyric acid to locate a mammalian host, while a star-nosed mole relies on touch to navigate underground. Despite sharing the same physical space, animals perceive their surroundings in vastly different ways. This idea of Umwelt applies not only to biology but also to how individuals in a business environment interpret signals of change. In the business world, we each operate with different sensory frameworks. Some colleagues are tuned into technological advances, others are adept at...

Joining Jessica Neal and Patty McCord this week is Columbia Business School Professor, Author and one of the world's top management thinkers, Rita McGrath. They discuss the different strategies with which companies and managers can create an innovative work culture.Find out more about Rita and her book, Seeing Around Corners, here.Do you have an ongoing work issue you need guidance solving? Or maybe you want to know how Patty and Jess would have dealt with a past problem. Share your stories and questions with our producers here.TruthWorks is hosted by Jessica Neal and Patty McCord. The show is edited, mixed and produced by Megan Hayward and Mik Finnegan. Our Production Manager is Kathleen Speckert. TruthWorks is an editaudio production.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Unlocking Successful Digital Transformation: Insights from David L. Rogers In this episode, David L. Rogers, author of 'The Digital Transformation Roadmap' and 'The Digital Transformation Playbook,' joins Aidan to discuss the critical steps and challenges businesses face in their journey towards digital transformation. Rogers emphasises the importance of transforming not just products and business models but the organisation itself.  He outlines five major barriers to success: vision, priorities, experimentation, governance, and capabilities.    Through insightful case studies such as the New York Times and CNN+, Rogers illustrates the pitfalls and successful strategies for driving meaningful innovation.    Additionally, he highlights the need for iterative funding and continuous adaptation in the face of uncertainty. This episode is packed with practical advice and lessons drawn from two decades of research and real-world examples, aimed at helping leaders navigate and thrive in the digital age.   00:00 Introduction to Digital Transformation 00:57 Meet the Author: David L. Rogers 01:47 The Evolution of Digital Transformation 02:36 Challenges and Misconceptions 07:48 Defining Digital Transformation 09:56 Barriers to Success 22:26 Case Study: The New York Times 31:33 Setting Realistic Expectations for Change 32:21 Defining a Clear Vision for Change 34:03 Empathy and Resistance to Change 34:53 Challenges of Corporate Innovation 36:15 Addressing Uncertainty in Innovation 39:27 Paths to Innovation and Growth 41:41 Case Study: The Failure of CNN Plus 49:55 Iterative Funding and the Facebook Example 54:44 Conclusion and Final Thoughts   Find David here:  Substack: Website:   The Missing Link Between Strategy and Innovation article David mentioned:   The episode we mentioned with Steve Blank: The Startup Owner's Manual: The Step-By-Step Guide for Building a Great Company   Aidan McCullen, David Rogers, digital transformation roadmap, digital transformation playbook, corporate governance, iterative experimentation, Facebook, CNN Plus, startup funding, media industry, New York Times, Steve Blank, Bob Dorf, Rita McGrath, Stefan Tompkin, Peter Thiel, Jason Keillar, Jeff Zucker        

At the BCG Henderson Institute, we aim to bring forward-looking leaders the ideas and inspirations that will shape their next game. To honor this mission—and celebrate the 100th episode of our Thinkers & Ideas podcast—we welcomed three leading futurists to discuss the evolution of business and society.Rita McGrath is a professor of management at Columbia Business School, and has been ranked among the top 10 management thinkers globally by Thinkers50 for years. Gary Shteyngart, a professor of writing at Columbia University is also a New York Times bestselling author of science fiction novels. Esther Dyson, founder of Wellville, is an investor, writer, and expert on all things tech, space, and health.Together with Martin Reeves, Chairman of the BCG Henderson Institute, they discuss their complementary perspectives on the future. They also divulge their methods for making predictions, providing valuable hints for how business leaders can use similar approaches to shape their perspectives and strategies.Key topics discussed: 02:06 | Revisiting past predictions about the future05:08 | The digital age08:16 | Social media and a technology-centred society12:47 | Methods for sensing the future”17:23 | Harnessing the power of science fiction22:31 | Using metaphors24:41 | Bringing together these future-sensing methods31:07 | Predictions about what is coming nextAdditional inspirations from Rita McGrath, Gary Shteyngart, and Esther Dyson:Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen By Rita McGrath(Harper Business, 2019)Super Sad True Love Story: A Novel By Gary Shteyngart (Random House Trade Paperbacks, 2011)Release 2.0: A Design for Living in the Digital Age By Esther Dyson (Broadway, 1997)This podcast uses the following third-party services for analysis: Chartable - https://chartable.com/privacy

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What are some of the most important management ideas out there in today's world? Thinkers50 is an organization that aims to identify and share these important ideas day in and day out, and all month long host Morra Aarons-Mele is partnering with Thinkers50 and The Silicon Guild for a series of roundtable talks about mental health and work. In this episode, she speaks with Columbia Business School's Rita McGrath, Copenhagen Business School's Poornima Luthra, and entrepreneur Andrew Barnes, founder of the Four Day Week Movement, about rethinking how we work to improve mental health for everyone.  Learn more about Rita: https://www.ritamcgrath.com/ Learn more about Poornima: https://www.talented.dk/ Learn more about Andrew: https://www.4dayweek.com/andrew-barnes Learn more about Thinkers50: https://thinkers50.com/

In this episode, Alex Pascal engages in a captivating discussion with Rita McGrath, a renowned author and long-time professor at Columbia Business School. McGrath shares insights from her bestselling book, "The End of Competitive Advantage," challenging traditional notions of sustainable competitive advantage in today's rapidly evolving business landscape.The conversation delves into the concept of transient advantage, which McGrath proposes as a more relevant framework for modern strategy. She emphasizes the importance of continually creating waves of new advantages to replace fading ones, drawing parallels to the successful strategic shifts at Microsoft under Satya Nadella's leadership.McGrath also reflects on her early experiences working in government, highlighting the power of shared mission and passion in driving motivation beyond mere financial incentives. The discussion touches on the reception of her groundbreaking work and its implications for various domains, from individual organizations to entire economies.Throughout the episode, McGrath offers valuable perspectives on innovation, the evolution of strategy, and the importance of understanding the boundary conditions of management theories. This thought-provoking conversation is a must-listen for anyone seeking to navigate the complexities of the modern business world and develop strategies for enduring success.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1308: Dr. Jeff Cornwall provides a comprehensive guide to thoughtful business growth through his "bottom-up" forecasting approach, emphasizing the importance of planning and financial discipline for entrepreneurs. By sharing the journey of his daughter and son-in-law's business, Harpeth Painting, Cornwall illustrates how to determine the necessary size and financial targets of a business to support personal and family goals, advocating for a balance between entrepreneurial pursuits and personal life. Quotes to ponder: "The single biggest cause of business failure is success." "Rather than growing the business simply because you can, know how big you need it to be to meet your short and long-term needs." "Life is short. There is more to life than running a business." Episode references: “Discovery-Driven Planning" by Rita McGrath and Ian McMillan in HBR, 1995: https://hbr.org/1995/07/discovery-driven-planning Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1308: Dr. Jeff Cornwall provides a comprehensive guide to thoughtful business growth through his "bottom-up" forecasting approach, emphasizing the importance of planning and financial discipline for entrepreneurs. By sharing the journey of his daughter and son-in-law's business, Harpeth Painting, Cornwall illustrates how to determine the necessary size and financial targets of a business to support personal and family goals, advocating for a balance between entrepreneurial pursuits and personal life. Quotes to ponder: "The single biggest cause of business failure is success." "Rather than growing the business simply because you can, know how big you need it to be to meet your short and long-term needs." "Life is short. There is more to life than running a business." Episode references: “Discovery-Driven Planning" by Rita McGrath and Ian McMillan in HBR, 1995: https://hbr.org/1995/07/discovery-driven-planning Learn more about your ad choices. Visit megaphone.fm/adchoices

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. She elaborates on the importance of engaging disengaged workforces and optimising for transient competitive advantages. Rita provides insightful tactics for assessing competitive landscapes, using various strategies like onslaughts, guerrilla campaigns, feints, and gambits. She also touches on leadership practices for fostering innovation, including managing personal agendas, devoting time to new ventures, and employing a range of leadership practices to navigate uncertainty and encourage a culture of opportunity-seeking within organisations. Rita advocates for 'intelligent failure' and explores how technology can redefine management to promote human flourishing at work. The episode concludes with an insight into her new book's core thesis, aiming for a release in 2024 or 2025.   00:00 Welcome & Introduction to Rita McGrath's Insights 00:16 Sneak Peek: Rita McGrath's Upcoming Book on Organisational Design 00:57 Decoding Competitive Strategies and Responses 03:53 Exploring Competitive Moves: Onslaughts to Guerrilla Campaigns 09:35 The Art of Feints and Gambits in Business Strategy 14:32 Entrepreneurial Leadership: Driving Innovation from the Top 22:05 Orchestrating Practices for Entrepreneurial Success 28:04 Path Clearing and Handling Failure in Entrepreneurial Ventures 40:40 Anticipating Rita McGrath's New Book & Final Thoughts   Find Rita: Find Valize: www.Valize.com   Find Aidan McCullen for Keynote talks on Innovation, Transformation and Change:   More on the Innovation Show:

In 1995, the late and legendary Harvard Business School professor Clayton Christensen introduced his theory of “disruptive innovation” right here in the pages of the Harvard Business Review. The idea inspired a generation of entrepreneurs and businesses, ranging from small start-ups to global corporations. Three decades later, debates have emerged around how the theory should be applied — especially within technology start-ups that have driven so much economic growth since 2000. In this episode, Harvard Business Review editor Amy Bernstein and a panel of expert scholars discuss the legacy of disruptive innovation, and how the common perception of disruption has drifted away from its original meaning.Expert guests include:· Harvard Business School senior lecturer and director of the Forum for Growth and Innovation Derek van Bever· Columbia Business School professor Rita McGrath· Harvard Business School professor Felix Oberholzer-Gee Key episode topics include: strategy, competitive strategy, business history, disruptive innovation, Clay Christensen, innovator's dilemma. HBR On Strategy curates the best case studies and conversations with the world's top business and management experts, to help you unlock new ways of doing business. New episodes every week. · Listen to the full HBR IdeaCast episode: 4 Business Ideas That Changed the World: Disruptive Innovation (2022)· Find more episodes of HBR IdeaCast· Discover 100 years of Harvard Business Review articles, case studies, podcasts, and more at HBR.org]]>

In this extensive session with Rita McGrath, Aiden explores the timeless insights of McGrath's book on embodying an entrepreneurial mindset in businesses. McGrath emphasises the importance of continuous innovation, exploiting new opportunities, and building new competencies to stay competitive. The conversation covers key concepts like the significance of key ratios, creating new competence, understanding consumption chains, and the necessity of political savvy within corporate innovation. McGrath also introduces practical tools and frameworks for evaluating opportunities, managing resources, and adapting execution strategies. The dialogue includes examples like Amazon's innovation in delivery systems and Procter & Gamble's ventures, illustrating the application of these concepts in real-world scenarios. McGrath provides advice on overcoming common challenges in innovation, such as attracting the first few customers and navigating corporate politics effectively.   00:00 Welcome & Introduction to Timeless Business Frameworks 00:36 Exploring the Entrepreneurial Mindset and Innovation 02:03 Key Ratios: The Secret to Competitive Advantage 06:15 Stratification Mapping: Unveiling Business Asymmetries 08:39 The Art of Championing Innovation Within Corporations 15:16 Navigating Corporate Politics for Innovation Success 23:13 Asset Parsimony: Thriving with Limited Resources 25:40 Real Options Reasoning vs. Net Present Value 31:24 Exploring the Ecosystem of Options 31:56 The Future of Remote Work Technologies 32:31 Investing in Positioning Options 33:51 Scouting and Stepping Stones: Navigating Uncertainty 35:09 Leveraging RFID Technology: A Case Study 38:05 Resource Allocation and Organisational Structures 42:17 Competitive Insulation and the Direct-to-Consumer Boom 46:22 Adaptive Execution and Discovery Driven Growth 54:22 Understanding Customer Consumption Chains 58:20 Concluding Remarks and Additional Resources   Find Rita:

In part 2 of The Entrepreneurial Mindset, Rita McGrath, discusses the concept of the entrepreneurial mindset and the power of consumption chain analysis for businesses seeking to differentiate and innovate.    Rita illustrates how understanding each step of a customer's journey, from need identification to product disposal, can unveil numerous opportunities for innovation and competitive advantage.    She shares insightful examples ranging from grocery shopping to the historical battle between Betamax and VHS, highlighting the importance of aligning each step of the consumption chain to customer needs and preferences.    She also touches on the significance of resegmenting markets and reconfiguring industries to capture new opportunities, using examples from automobile insurance and manufacturing.    The episode offers a deep dive into how companies can apply these concepts to drive growth, challenge assumptions, and transform their competitive landscapes.   00:00 Welcome & Recap of Part One 00:30 Diving Deeper into Consumption Chain Analysis 01:12 Exploring Customer Choices and Consumption Chains 02:30 The Importance of Understanding the Customer Journey 05:41 Learning from Failure and the Power of Networks 08:53 Innovative Case Studies: Progressive Insurance and Beyond 13:18 Resegmenting Markets for Competitive Advantage 19:05 Reconfiguring Markets: Evolutionary to Revolutionary Changes 23:52 The Five Whys Technique and Citibank's Strategic Move 30:10 Closing Thoughts and Where to Find More   Find Rita: Find Valize: www.   Find Aidan McCullen for Keynote talks on Innovation, Transformation and Change:   More on the Innovation Show:      

Harnessing the Entrepreneurial Mindset for Innovation and Growth This script delves into a conversation with Rita McGrath, author of 'The Entrepreneurial Mindset,' exploring principles for thriving in rapidly changing environments. McGrath shares her personal journey from industry to academia, emphasizing the importance of understanding practical business applications. The script covers themes such as the importance of an entrepreneurial mindset in recognizing and acting on business opportunities, detailed methodologies for product differentiation, and strategies for business model innovation. McGrath discusses her work on attribute mapping and quizzing as tools for identifying customer needs and creating blockbuster products. The narrative extends to strategic management under uncertainty, leveraging insights from evolutionary economics, and the challenge of disruptive innovation. The script concludes with McGrath highlighting software solutions, like Sparc Hub, designed to facilitate the operationalization of these concepts within organizations. 00:00 Unlocking the Entrepreneurial Mindset: A Guide to Innovation 01:15 From Political Campaigns to Digital Transformation: Rita McGrath's Journey 08:10 The Evolution of Strategic Management and the Birth of Disruptive Innovation 14:42 Embracing the Entrepreneurial Mindset for Future Success 18:22 Crafting the Entrepreneurial Frame: Setting the Stage for Innovation 31:57 Exploring Autonomous Technology in Military Operations 32:40 The Future of Autonomy: Removing Humans from the Equation 33:21 Redefining Transportation and Ownership in an Autonomous World 33:38 Opportunity Inventory: Identifying What's Ready for Innovation 33:58 The Human Factor in Innovation and Transformation Efforts 34:25 Designing Blockbuster Products and Services 34:50 Attribute Mapping: Aligning Offerings with Customer Needs 35:38 Understanding Customer Behavior Beyond Demographics 37:08 The Power of Non-Negotiables, Discriminators, and Exciters in Product Design 38:29 The Evolution of Product Features: From Exciters to Non-Negotiables 45:41 Staying Ahead of High-Impact Trends and Competitive Changes 50:54 Quizzing Methodology: Uncovering New Opportunities for Differentiation 54:33 Closing Remarks and Where to Find More Information Find Rita: https://www.ritamcgrath.com Find Valize: https://www.valize.com

In the intricate tapestry of business, the threads of strategy and ethical leadership intertwine to shape the very fabric of an organisation's success. In this episode, we delve into the profound nuances of strategy and ethical leadership with Professor Rita McGrath. With a career trajectory that shifted from public service to the corridors of academia, Professor McGrath brings a unique blend of experience, knowledge, and a discerning eye for the intricacies that define effective leadership. Join us as we navigate the complexities of strategic decision-making, embracing the challenges and opportunities presented by ethical considerations. [00:36] - About Prof. Rita McGrath Rita is the Professor at Columbia Business School. She is the Founder of Valize. She is a bestselling author. Her most recent book is titled, “Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen.” Professor Rita is a well-known speaker and strategic advisor.  --- Support this podcast: https://podcasters.spotify.com/pod/show/tbcy/support

Today I'm joined by Rita McGrath, best-selling author, strategic advisor, and Professor at Columbia Business School, to discuss strategic thinking and innovation in highly uncertain environments.   Sponsored by https://www.b2bframeworks.com

Helping us celebrate Women's History Month are Jennifer Branchini, Regional VP for the National Association of REALTORSⓇ (NAR) and 2023 California Association of REALTORSⓇ  (CAR) President, and Melanie Barker, 2024 CAR President. In this episode, they talk about female leadership and tackle tough issues like sexual harassment and diversity in the industry. They comment on the current state of NAR and the commission lawsuits, and offer tangible takeaways (plus podcast and book recommendations) that can help improve the industry for REALTORSⓇ and consumers alike.Recommended BooksSeeing around Corners by Rita McGrath, Tiffany MorganThe 21 irrefutable laws of leadership by John C. MaxwellRecommended PodcastSmartless

Rita McGrath, bestselling author, professor at Columbia Business School, sought-after speaker, and strategic advisor joins me on this episode. Rita is a recognized expert in leading innovation and growth, one of the world's top 10 management thinkers, an award-winning academic researcher, and was named by Fast Company Magazine as one of the 25 smartest women to follow on Twitter. Rita's list of clients includes MetLife, P&G, Johnson & Johnson, Merck, and many others. Topics we cover include Rita's backstory, strategic inflection points, how to spot and act on inflection points, roadblocks to identifying trends that can impact a business, generative AI, and more. Get connected with Rita: Website: https://www.ritamcgrath.com/ LinkedIn: https://www.linkedin.com/in/ritamcgrath/ Twitter: https://twitter.com/rgmcgrath Facebook: https://www.facebook.com/RitaGuntherMcgrath Instagram: https://www.instagram.com/ritamcgrathofficial/ Purchase a copy of Seeing Around Corners: https://www.amazon.com/Seeing-Around-Corners-Inflection-Business/dp/0358646529 Read Rita's Thought Sparks: https://www.ritamcgrath.com/sparks/  Leave a 5-star review with a comment on Apple Podcasts: https://podcasts.apple.com/us/podcast/business-minds-coffee-chat/id1539014324  Subscribe to my Business Builder Newsletter: https://bit.ly/32y0YxJ  Want to learn how you can work with me to gain more clarity, build a rock-solid foundation for your business, and achieve the results and success you deserve? Visit http://jayscherrbusinessconsulting.com/ and schedule a 1:1 discovery coaching call. Enjoy, thanks for listening, and please share with a friend!

The likelihood is that the tactics that were effective for businesses just a few years ago may no longer yield the results needed. Profound shifts in the business landscape have exposed a significant disparity between conventional strategic approaches and the evolving dynamics of the contemporary real-world environment. In this episode, we sit down with Rita McGrath, a celebrated author and captivating speaker, to discuss how leaders can navigate the complexity of cultural shifts in modern business practices. Rita is a renowned expert in steering innovation and growth through uncertain times, and she consistently ranks among the world's Top 10 management thinkers. As a Columbia Business School professor, advisor to Fortune 500 CEOs, and author of bestsellers like Seeing Around Corners and The End of Competitive Advantage, her work has had a lasting impact on the business world. In our conversation, we unpack the strategies managers can employ to secure investments in innovation, the reasons behind organizational resistance to innovation, and the challenges of traditional hierarchical structures. We explore her Stepping-Stone Strategy for innovation, the value of a call option, the potent concept of level-skipping, and the steps for identifying debilitating assumptions. Gain insights into how innovators can advance their careers, effectively allocating resources, crafting the perfect project, and much more! Tune in and discover how to redefine traditional career pathways and drive innovation in your organization with strategy guru Rita McGrath!Key Points From This Episode:Accomplishments Rita is most proud of and the role of Twitter in her life.What managers can do to ensure investment in innovation is not undercut.Unpacking why the concept of innovation is not adopted by organizations.Advice for people in the innovation space to safeguard their careers.Why hierarchy is the enemy of the truth and level skipping is explained.Steps for implementing level-skipping within an organization.The role of expertise and when it can become a liability to innovation.Getting real about how the landscape of industry has changed.Pragmatic ways of identifying the assumptions limiting your potential. Maintaining a balance between planning and taking action.Human capital and deploying resources against an opportunity.Allocating resources for exploration, research, and development.Discover the differences between funding and budget models.Learn the fundamentals of managing a diverse team. Rita shares her approach to writing a book and how she decides on a project.Redefining career pathways to align with the new era of business.She offers some final words of wisdom for listeners.Links Mentioned in Today's Episode:Rita McGrath Rita McGrath on XRita McGrath on LinkedInRita McGrath on InstagramRita McGrath on YouTubeColumbia Business SchoolDesign for BelongingJeremy UtleyJeremy Utley EmailJeremy Utley on XJeremy Utley on LinkedIn

Join the hosts of The Curious Advantage as they dive into the world of innovation and growth with the incredible Rita McGrath. Rita, a seasoned author, speaker, and Professor at Columbia Business School, shares her journey from CEO to academia, unveiling insights from her latest book, Seeing Around Corners. In this episode, Rita unpacks the concept of inflection points, discussing the eight practices crucial for navigating blind spots. She emphasizes the importance of early warning systems in detecting these pivotal moments before they occur, revealing how examining assumptions ties into spotting these turning points using the 7Cs framework from The Curious Advantage book.  We explore the intersection of curiosity and business, discovering how Rita's personal curiosity fuels her work and why she believes curiosity is the key to success in our rapidly changing digital landscape. Rita's expertise, combined with her passionate approach to leveraging curiosity, offers a unique perspective on fostering growth and innovation and inspires individuals and organizations to navigate curiously during uncertainty to drive success in our ever-evolving world. Seeing Around Corners is available on Amazon About the Curious Advantage Podcast Series The Curious Advantage Podcast series is brought to you by the authors of the book The Curious Advantage, Paul Ashcroft, Simon Brown & Garrick Jones and it is about how individuals and organisations use the power of curiosity to drive success in their lives and organisations, especially in the context of our new digital reality. It brings to life the latest understanding from neuroscience, anthropology, history and behaviourism about curiosity and makes these useful for everyone. Produced by Jessica Wickham and Aliki Paolinelis & Edited by Roman Pechersky and Danny Cross  #Curiousadvantage #Curiousadvantagepodcast #curiosity #7CsofCuriosity About The Curious Advantage Book The Curious Advantage is an exploration of the idea of Curiosity and its increasing importance for thriving in the digital age. Taking the widest possible exploration of things Curious – historical, contemporary, neuro-scientific, anthropological, behavioural, semantic and business-focused. At the heart of the book is our model of Curiosity, called 'Sailing the 7 C's of Curiosity'. This model provides individuals with a practical framework for how to be successfully Curious and use Curiosity as a power skill to unlock their own potential. To find out more visit: curiousadvantage.com Get your copy on Amazon The Curious Advantage Audiobook is also available on audible Follow The Curious Advantage on LinkedIn

In episode 5 of our ‘World's Greatest Business Thinkers' series, Nick Hague is joined by Rita McGrath, a best-selling author and sought-after speaker and strategic advisor. If you want to learn what it takes to spot disruptive inflection points in your market before they arrive, this episode is for you.

Kirsten Ferguson: Head & Heart Kirstin Ferguson is a company director, columnist, keynote speaker, and executive coach. Beginning her career as an officer in the Royal Australian Air Force, Kirstin has held roles that have included chief executive officer of an international consulting firm, and acting chair and deputy chair of the Australian Broadcasting Corporation. She has sat on boards of both publicly-listed and privately-listed companies for more than a decade. Kirstin has a PhD in leadership and in 2021 was named one of Thinkers50's top thinkers to watch. In 2023, she was appointed a Member of the Order of Australia for her significant service to business and gender equality. She writes a weekly column on leadership and work in the Sydney Morning Herald and The Age, and is also a contributor to the Australian Financial Review and to Forbes. She is the author of Head & Heart: The Art of Modern Leadership*. It's often apparent when someone else doesn't a read a room, but much harder to see it in ourselves. In this conversation, Kirsten and I discuss how we can do a better job of either literally or figuratively reading the room. Plus, we explore several of the actions leaders can take to do a better job at being more proactive at moving beyond their own perspective. Key Points Memory is different than perception. A study by Adrian de Groot shows that chess grandmasters reply more on the former for reading things quickly. Perception is an ongoing process vs. something any of us arrive at. A study of medical residents shows four ways we tend to approach situations: stalled, fixated, adaptive, or vagabonds. Vagabonds in particular look at a wide range of possibilities, but don't fully explore or rule out paths forward. Zoom out to seek broad input. That's especially important when the stakes are high. Also important is to get perspective outside of your industry. Reading books from different disciplines is one starting point. Leaders needs to also recognize that people in the room are reading you as well. There's an element of partnership that shapes how the room moves forward. Resources Mentioned Head & Heart: The Art of Modern Leadership by Kirsten Ferguson Interview Notes Download my interview notes in PDF format (free membership required). Related Episodes How to Start Seeing Around Corners, with Rita McGrath (episode 430) Leadership in the Midst of Chaos, with Jim Mattis (episode 440) The Way to Get Noticed by Key Stakeholders, with Daphne E. Jones (episode 614) Discover More Activate your free membership for full access to the entire library of interviews since 2011, searchable by topic. To accelerate your learning, uncover more inside Coaching for Leaders Plus.

Episode Summary Rita McGrath is a best-selling author, a sought-after advisor and speaker, and a longtime professor at Columbia Business School. Rita is one of the world's top experts on strategy and innovation and is consistently ranked among the top 10 management thinkers in the world, including the #1 award for strategy by Thinkers50. McGrath's recent book on strategic inflection points is Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen (Houghton Mifflin Harcourt, 2019). Rita is the author of four other books, including the best-selling The End of Competitive Advantage (Harvard Business Review Press, 2013). Follow Rita on Twitter - rgmcgrath. For more information, visit RitaMcGrath.com. Who's your ideal client and what's the biggest challenge they face? What are the common mistakes people make when trying to solve that problem? What is one valuable free action that our audience can implement that will help with that issue? What is one valuable free resource that you can direct people to that will help with that issue? What's the one question I should have asked you that would be of great value to our audience? When was the last time you experienced Goosebumps with your family and why? Get in touch with Rita: Anchor Podcast, Facebook, Instagram, LinkedIn, Medium, Substack, Twitter, YouTube, Learn more about how Uwe helps in-demand professionals and their VIPs to enjoy Unshakeable Two-getherness in their relationship (plus more free time and zero guilt). Or when you feel you'd be interested in working together you can Book A Chat With Uwe

“Stay the course, you'll figure this out.” - Rita McGrathJeffrey Feldberg and Rita McGrath talk about Rita's thought leadership on inflection points and industry change. Rita McGrath shared her journey from a political science degree to academia and her fascination with large-scale organizational change and transformation. She discussed the challenges companies faced in the past when embarking into uncertain spaces with the same tools and mindset they used for things they already understood well. The concept of inflection points in business was discussed, and how they can be both a threat and an opportunity. Rita advised listeners to regularly examine their business assumptions to identify potential shifts that could impact their business.The importance of prioritizing innovation and growth in a leader's agenda was discussed, and McGrath advised leaders to take control of their agendas and ensure that innovation and growth are among the top priorities. The danger of companies becoming complacent during times of success was highlighted, and McGrath emphasized the importance of thinking about innovation during times of crisis. The meeting ended on a positive note with both parties expressing interest in future collaborations.Throughout the meeting, the importance of understanding inflection points and how they can either put a company out of business or help them grow into a bigger, more profitable business was emphasized. The challenges of implementing changes in a corporate environment, including the need for courage and the pushback from some employees, were also discussed. The meeting provided valuable insights into leadership, innovation, and growth in the business world.Click here to subscribe to The Deep Wealth Podcast to save time and effort.SELECTED LINKS FOR THIS EPISODERita McGrathRita Gunther McGrath (@rgmcgrath) / XRita McGrath (@ritamcgrathofficial) • Instagram photos and videosRita Gunther McGrath | FacebookRita McGrath | LinkedInRita McGrath | Columbia Business SchoolThought Sparks on Apple PodcastsRita Gunther McGrath Books on AmazonCockroach Startups: What You Need To Know To Succeed And ProsperFREE Deep Wealth eBook on Why You Suck At Selling Your Business And What You Can Do AboutResources To Have You Thrive And ProsperThe Deep Wealth Podcast brings you a wealth of world-class thought leaders who share invaluable resources and insights. Click the link below to access the resources, gear, and books that either our guests or the Deep Wealth team leverage to increase success:https://www.deepwealth.com/thriveContact Deep Wealth: Tweet @JeffreyFeldberg LinkedIn Instagram Subscribe to The Deep Wealth Podcast Email podcast[at]deepwealth[dot]com Help us pay it forward by leaving a review.Here's to you and your success!As always, please stay healthy and safe.

Renée Mauborgne: Beyond Disruption Renée Mauborgne is the INSEAD Distinguished Fellow and a professor of strategy at the global business school INSEAD. She is the co-author of the 4 million copy global bestseller Blue Ocean Strategy, which is recognized as one of the most iconic and impactful strategy books ever written, and is also co-author of the New York Times, Wall Street Journal, USA Today, and Los Angeles Times bestseller Blue Ocean Shift. To date, the Blue Ocean Strategy and Blue Ocean Shift teaching materials have been adopted by over 2,800 universities across the globe. In 2022, Harvard Business Review selected Blue Ocean Strategy as one of the most influential and innovative articles published in HBR over the last 100 years. Along with her colleague W. Chan Kim, she was named the most influential management thinker in the world by Thinkers50. She is the first woman ever to secure that top spot. She is the co-author with W. Chan Kim of Beyond Disruption: Innovate and Achieve Growth without Displacing Industries, Companies, or Jobs*. Key Points Zero-sum thinking means that if we win, someone else must lose. Many of us have been conditioned to accept that this is how competition has to work. Nondisruptive creation creates new industries without leaving failed companies, lost jobs, and destroyed markets in its wake. Consider shifting focus from structure to agency. Firms that generate nondisruptive creation lead with agency. Don't confuse the means with the ends. Technology enables, but value innovation is ultimately what creates a nondisruptive new market. Unlock the many, not just the few. Overemphasizing an entrepreneur or creative leader leads to underemphasizing the creativity and contributions of everyone else. Resources Mentioned Beyond Disruption: Innovate and Achieve Growth without Displacing Industries, Companies, or Jobs* by W. Chan Kim and Renée Mauborgne Blue Ocean Strategy: How to Create Uncontested Market Space and Make the Competition Irrelevant* by W. Chan Kim and Renée Mauborgne Interview Notes Download my interview notes in PDF format (free membership required). Related Episodes How to Start Seeing Around Corners, with Rita McGrath (episode 430) Help People Show Up as Themselves, with Frederic Laloux (episode 580) The Mindset to Help Your Organization Grow, with Tiffani Bova (episode 633) Discover More Activate your free membership for full access to the entire library of interviews since 2011, searchable by topic. To accelerate your learning, uncover more inside Coaching for Leaders Plus.

In this episode of The Thinking Leader, Bryce Hoffman and Marcus Dimbleby talk with Rita McGrath, the author of several books, about how to take advantage of inflection points in your business. McGrath shares fascinating insights on the importance of picking up on weak signals and being candid about the world's realities. Marcus explains the difference between wartime and peacetime leaders, and the significance of bringing people along on the leadership journey. McGrath stresses that leadership is about energy, emotional awareness, and skillful expression. She has created the idea of a permissionless organization and distributed decision-making as tools to be used by modern leaders. In this episode: How to take advantage of inflection points in business and leadership What it means to be a permissionless organization and the advantages it offers How to design your organization to be permissionless and embrace distributed decision-making How to create a stable core in leadership by seeking out and embracing feedback Why leaders need to let go of decision-making responsibilities and embrace leadership agility What makes a great leader and the traits they exhibit For more information about this episode, head to Rita's website: https://www.ritamcgrath.com/ Or her YouTube channel: https://www.youtube.com/user/rgmcgrath And learn more about Rita's sister company, Valize: https://www.valize.com/ Want to find out if you're a Red Team Thinker? Click here to take a free assessment and get your personalized report: https://www.redteamthinking.com/rttassessment Visit our website: https://redteamthinking.com Watch this episode on YouTube: www.red-team.tv Follow us on LinkedIn: https://www.linkedin.com/company/redteamthinking/ Connect with Bryce: https://www.linkedin.com/in/brycehoffman/ Connect with Marcus: https://www.linkedin.com/in/marcusdimbleby/ Bestselling business author Bryce Hoffman and agility expert Marcus Dimbleby talk about decision making, strategy, resilience and leadership with some of the world's best CEOs, cognitive scientists, writers, and thinkers in this weekly podcast. Each episode offers new ideas and insights you can use to become a better leader and a better thinker – because bad leaders react, good leaders plan, and great leaders think!

To plan for the future, businesses usually look to their past. But what if your company is in uncharted territory? Columbia Business School professor Rita McGrath has a different idea: Design experiments to test your assumptions using “discovery-driven growth.”

In episode #156 we welcomed Rita McGrath, Professor at Columbia Business School.Listen to this episode and learn:

Strategy legend Rita McGrath and Ron Boire, her partner at Valize, share a ton of insights on the issues that inhibit professional services innovation and the solutions to address them. The post Why Professional Services Firms Can't Innovate with Rita McGrath and Ron Boire appeared first on Rattle and Pedal.

Strategy legend Rita McGrath and Ron Boire, her partner at Valize, share a ton of insights on the issues that inhibit professional services innovation and the solutions to address them. The post Why Professional Services Firms Can't Innovate with Rita McGrath and Ron Boire appeared first on Rattle and Pedal.

Rita McGrath is a Strategy Professor at Columbia Business School and the author of the best-selling book, "Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen." She attended Barnard in the late 70s and received her Ph.D. from Wharton. After that, Professor McGrath was involved in the public sector working for NYC engaged in digital transformation. In addition to her work as a professor, Professor McGrath also speaks, consults, and provides executive education for organizations all around the world. Learn More About Rita McGrath's Book Here: https://amzn.to/3L5u3nXTwitter of Host (Shamus Madan): @mbitpodcastTwitter of Guest (Rita McGrath): @rgmcgrath

Simon Severino is the CEO of Strategy Sprints, a company that helps SaaS and service-based business owners to run their companies more efficiently, leading to increased sales. He has interviewed many successful entrepreneurs, including Rita McGrath, David Allen, Nir Eyal, Perry Marshall, Verne Harnish, Brian Kurtz, and more on his podcast, the Strategy Sprints podcast. Simon created the Strategy Sprints™ Method, which involves working in weekly sprints to achieve fast execution and gain market share, resulting in doubled revenue in 90 days. He leads a global team of Certified Strategy Sprints™ Coaches who help clients achieve their goals, and his team is trusted by major companies such as Google, Consilience Ventures, Roche, Amgen, and AbbVie. Simon is also a member of the Silicon Valley Blockchain Society, where he helps minimize execution risks in technology startups and enables cross-stage capital flows. He has appeared on over 500 podcasts, is a TEDx speaker, and writes for Forbes and Entrepreneur Magazine about scaling digital businesses.

We covered the Innovator's Dilemma with Matthew Christensen in the first part of this series, but we did not cover Chapter 7 of the Innovator's Dilemma,that chapter Is entitled “Discovering New and Emerging Markets” It opens as follows: “Markets that do not exist cannot be analyzed: Suppliers and customers must discover them together. Not only are the market applications for disruptive technologies unknown at the time of their development, they are unknowable. The strategies and plans that managers formulate for confronting disruptive technological change, therefore, should be plans for learning and discovery rather than plans for execution. This is a crucial point to understand because managers who believe they know a market's future will plan and invest very differently from those who recognize the uncertainties of a developing market.” You may know those to be the words of Clayton Christensen, but what you may not know is that this concept of discovery-driven growth stems from the work of a very special friend of the Innovation Show, it is an immense pleasure to welcome Rita McGrath. Topics on this episode: 00:00:00 - Intro and Sponsor 00:02:28 Rita McGrath Welcome 00:04:15 Clayton Christensen Relationship 00:07:35 Discovery-Driven Planning 00:12:05 Client Example of Too Attached to Outcome 00:13:23 Redefining Failure: Failing Fast is Not Always Failing 00:14:04 Example of Varo Bank 00:18:51 KittyHawk Example 00:20:54 The Role of Luck 00:24:51 Honda SuperCub and NonConsumers 00:27:50 Jobs To Be Done and The McLean Hamburger 00:29:51 Origins of Discovery-Driven Planning 00:31:41 Most Mutations in Nature Fail, as do most ideas 00:32:47 Origins of Innovation Thinking From Schumpeter to Today 00:34:08 Discovery-Driven Planning Overview in a Nutshell 00:37:55 Disasters: EuroDisney 00:42:09 Disasters: PolaVision 00:43:15 Organisational Capabilities, Arenas and Kao 00:46:23 Selling an Idea to a CFO/Incumbent Gatekeeper 00:51:06 UPM Example: United Paper Mills Example 00:55:00 R.A.C.E.

Rita McGrath  is a best-selling author and long-time professor at Columbia Business School. She received the #1 award in strategy from Thinkers50 and is one of the top 10 management thinkers in the world. When it comes to strategy and innovation you won't find anyone smarter than Rita. In today's discussion we look at what Elon Musk is doing with Twitter and if it's a good idea, the current strategy for Meta and if they are on the wrong track, what really happened to Kodak, and how to identify and act on personal inflection points. ------------------ Get ad-free listening, early access to new episodes and bonus episodes with the subscription version of the show The Future of Work Plus. To start it will only be available on Apple Podcasts and it will cost $4.99/month or $49.99/year, which is the equivalent to the cost of a cup of coffee.  ________________ Over the last 15 years, I've had the privilege of speaking and working with some of the world's top leaders. Here are 15 of the best leadership lessons that I learned from the CEOs of organizations like Netflix, Honeywell, Volvo, Best Buy, The Home Depot, and others. I hope they inspire you and give you things you can try in your work and life. Get the PDF here. --------------------- Get the latest insights on the Future of Work, Leadership and employee experience through my daily newsletter at futureofworknewsletter.com  Let's connect on social! Linkedin: http://www.linkedin.com/in/jacobmorgan8 Instagram: https://instagram.com/jacobmorgan8 Twitter: http://www.twitter.com/jacobm Facebook: https://www.facebook.com/FuturistJacob

The work of Clayton Christensen changed my worldview and, ultimately, my life. I have been lining up all his co-authors to celebrate his life and share his theories. We have been interviewing each of these great thinkers over the last few months and into 2023. We will bring you each of those episodes in chronological order of his book releases. It includes Matt Christensen, Clay's son and CEO of Rose Park Advisors, Rita McGrath, Joseph L. Bower, Michael Raynor, Scott D. Anthony Hal Gregerson, Taddy Hall Bob Moesta, Michael B. Horn Efosa Ojomo and Karen Dillon. Coming Jan 23, 2023

The End of Meta/Facebook: Lying as a business model with Rita McGrath

Our guest on today's Innovation Byte is the brilliant author, speaker, consultant, founder of Valize and Professor with Columbia Business School Rita McGrath welcome to the show. 00:00:00 Intro 00:00:14 The Survivorship Bias of Innovation 00:01:08 Blockbuster v Netflix 00:02:53 Kodak Story 00:04:29 Nokia Story 00:07:13 Captive to Customers

In the 1980s, Clayton Christensen cofounded a startup that took over a market niche from DuPont and Alcoa. That experience left Christensen puzzled. How could a small company with few resources beat rich incumbents? It led to his theory of disruptive innovation, introduced in the pages of Harvard Business Review in 1995 and popularized two years later in The Innovators Dilemma. The idea has inspired a generation of entrepreneurs. It has reshaped R&D strategies at countless established firms. And it has changed how investors place billions of dollars and how governments spend billions more, aiming to kickstart new industries and spark economic growth. But disruption has taken on a popular meaning well beyond what Christensen's research describes. Some critics argue that the theory lacks evidence. Others say it glosses over the social costs of lost jobs of bankrupted companies. And debate continues over the best way to apply the idea in practice. 4 Business Ideas That Changed the World is a special series from HBR IdeaCast. Each week, an HBR editor talks to world-class scholars and experts on the most influential ideas of HBR's first 100 years, such as shareholder value, scientific management, and emotional intelligence. Discussing disruptive innovation with HBR editor Amy Bernstein are: Rita McGrath, professor at Columbia Business School Felix Oberholzer-Gee, professor at Harvard Business School Derek van Bever, senior lecturer at Harvard Business School Further reading: HBR: What is Disruptive Innovation?, by Clayton M. Christensen, Michael E. Raynor, and Rory McDonald New Yorker: The Disruption Machine: What the Gospel of Innovation Gets Wrong, by Jill Lepore Business History Review: How History Shaped the Innovator's Dilemma, by Tom Nicholas HBR: Disruptive Technologies: Catching the Wave, by Joseph L. Bower and Clayton M. Christensen

In this special episode of the Thinkers & Ideas podcast, Martin Reeves, Chairman of BCG Henderson Institute, is joined by two of the leading minds in strategy to discuss the nature of competitive advantage. Join Rita McGrath and Roger L. Martin as they debate whether competitive advantage is more or less sustainable today, whether it has shifted in nature and whether it will shift prospectively. In addition to defending their own positions, they discuss how two very different views of competition can be reconciled. They also offer thoughts for open questions in strategy which merit further consideration. Rita McGrath is a Professor of Strategy at Columbia Business School and the Founder of Valize, a company focused on helping organizations to build lasting innovation capabilities and long-term growth. She has been consistently named one of the world's top 10 management thinkers in the Thinkers 50 ranking. Rita's latest book, Seeing Around Corners is a guide to anticipating and capitalizing on disruptive inflection points shaping the marketplace — you can listen to our conversation with her about the book here. Roger L. Martin is a Professor Emeritus at the Rotman School of Management at the University of Toronto and a trusted strategy advisor to CEOs of worldwide companies including Procter & Gamble, Lego, and Ford. In 2017, Roger was named the number one management thinker by Thinkers 50. His most recent book, A New Way to Think — which he discussed with us on the show earlier this year — challenges leaders to rethink dominant mental models by revisiting misconceptions and pitfalls in the application of common frameworks and ideas. *** 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.

Our guest on the podcast this week is Simon Severino, CEO of Strategy Sprints and Host of the Strategy Sprints podcast. He has interviewed powerhouse entrepreneurs like Rita McGrath, David Allen, Nir Eyal, Perry Marshall, Verne Harnish, Brian Kurtz, and hundreds more on business, productivity, and growth. He helps business owners in SaaS and Services run their companies more effectively which results in sales that soar. He created the Strategy Sprints™ Method that doubles revenue in 90 days by getting owners out of the weeds. Simon leads a global team of Certified Strategy Sprints™ Coaches that help clients gain market share and work in weekly sprints which results in fast execution. His team is trusted by Google, Consilience Ventures, Roche, Amgen, AbbVie, and hundreds of frontier teams. He is a TEDx speaker and has appeared on over 500 podcasts. He writes for Forbes and Entrepreneur Magazine about scaling digital businesses. Today Simon talks about his passion for ‘aliveness' in business, how important our energy is to how we show up to our work, and how creating sacred space is the key to winning teams. As he says, twenty years ago he fell in love with business, how we can start and enter the market, and how to win in business, whatever your interpretation of that is. Although he is undoubtedly a systems guy, he talks freely about energy and the frequency of potential and vibration - how a business needs to inspire people to feel more alive and how his simple methods get incredible results for his clients. Listen in as Simon shares some important yet simple perspectives on how you as a changemaker can fulfill your potential in business while also enjoying the journey and having a life. We discuss the ‘sacred' and how the best performing teams create sacred space, how words have energy, and the potential to shift people's mindsets when you use the correct ways to connect to people's emotions. And I loved it when Simon took a stand against using words like “leads' as he says they are not leads they are interested people so don't dehumanize them in your copy or approach. If you would like some tangible insights about how you can get better at business in ways that will make you feel alive, then I think you will gain some great insights from Simon that will inspire you to perhaps think a little differently about your current approach. I suspect you'll enjoy Simon's unique perspective on the energetic exchange of business and the truth and freedom that is just waiting for you to claim it. I hope you enjoy this conversation as much as I did. Key Takeaways The simple approach to doubling your revenue in just 90 days with strategy sprints How's not about the money, it's about the aliveness What simple steps you can take to grow your business in meaningful ways (and it's not the usual hot air we often hear!) How business is an energetic exchange of understanding, love, and deeply caring for others How to find your ‘sacred' - your way of doing business, your way of selling and marketing so it feels good. Memorable Quote “Most people have a very complicated approach to business and we keep it simple and direct. It's based on 2 very simple things, truth, and freedom. There are just 3 numbers to track, 3 goals, and maximum freedom in how people get there. It's not that hard.” —Simon Severino Episode Resources: http://strategysprints.com/ (Strategy Sprints Website) https://www.linkedin.com/in/simonseverino/ (Simon's Linkedin) http://sacredchangemakers.com/ (SacredChangemakers.com) http://coachesbusinessschool.com/ (CoachesBusinessSchool.com) https://www.instagram.com/jayne_m_warrilow/?hl=en (Jayne Warrilow on Instagram) Thank you to our sponsor: A HUGE thank you to the members of Coaches Business School who are our podcast sponsors, and also our extended community who are helping us to make a global impact aligned with the United Nations Sustainable Development Goals, all visible on our website. If...

This vibrant discussion held in the summer of 2022 focused on innovation, design, strategy and communication. Rita Gunther McGrath is a best-selling author, a sought-after speaker, and a longtime professor at Columbia Business School. She is widely recognized as a premier expert on leading innovation and growth during times of uncertainty. Rita has received the #1 achievement award for strategy from Thinkers50 and has been consistently named one of the world's Top 10 management thinkers. As a consultant to CEOs, her work has had a lasting impact on the strategy and growth programs of Fortune 500 companies. Rita is the author of the best-selling The End of Competitive Advantage and Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen. ----- Fred Dust is the founder of Dust&Co and works at the intersection of business, society and creativity. As a designer, author, educator, consultant, trustee, and advisor to social and business leaders, he is one of the world's most original thinkers, applying the craft and optimism of human-centered design to the intractable challenges we face today. Using the methodology in his book Making Conversation, he has been working with The Rockefeller Foundation to explore the future of pressing global needs. As a former Global Managing Partner at the acclaimed international design firm IDEO, Fred works with leaders and change agents to unlock the creative potential of business, government, education, and philanthropic organizations.  

Clayton Christensen and Rita McGrath, one of the top management thinkers in the world, spent over two decades as both colleagues and friends. To this day, the concept of Discovery-Driven Planning, first widely introduced in a 1995 HBR article by Rita and Ian MacMillan, is taught in the Building and Sustaining a Successful Enterprise course at Harvard Business School. In this insightful conversation, Rita joins host Derek van Bever to discuss a number of topics highly relevant to management and strategy, including her work on inflection points and spotting the future before it arrives; the importance of testing fundamental assumptions (and why we so often fail to do so); barriers to innovation and growth; and Valize, the company that Rita founded to help organizations build lasting innovation capability as the basis for long-term shared prosperity. Listen to learn more!

Join co-hosts Jean Gomes and Scott Allender as they close season 4 of the Evolving Leader podcast by sharing some of our favourite moments from the 20 incredible episodes as well as previously unheard bonus material from the Evolving Leader vulnerability interviews.The Evolving Leader podcast will return in September for the start of season 5, but in the meantime sit back and listen to conversations with Caroline Williams, Oliver Burkeman, Steve Fleming, Amy Herman, Susan Neiman, Ranjay Gulati, Dan Toma, Rob Cross, Annie Murphy Paul, Simon Roberts, Tony O'Driscoll, Azeem Ahzar, Rita McGrath and Todd Kashdan.  0.00   Introduction1.01   Caroline Williams3.52   Oliver Burkeman9.12   Vulnerability interview: What's the biggest lie you've told at work?11.14   Vulnerability interview: What personal development topic do you most avoid confronting?13.09   Steve Fleming15.36   Amy Herman18.15   Susan Neiman21.45   Vulnerability interview: Where do you feel most vulnerable in your work?26.34   Ranjay GulatiSocial: Instagram           @evolvingleader LinkedIn             The Evolving Leader Podcast Twitter               @Evolving_Leader The Evolving Leader is researched, written and presented by Jean Gomes and Scott Allender with production by Phil Kerby. It is an Outside production.