Debunking Business Failures: Blockbuster, Kodak, Xerox
In this episode of the Innovation Show we delve into the myths and realities of business failures with Greg Satell and Paul Nunes. Join us as we explore classic case studies of companies like Blockbuster, Kodak, and Xerox, and uncover the untold stories behind their perceived failures. We discuss the complexities of decision-making, the importance of controlling the narrative, and the crucial lessons business leaders can learn from past mistakes. 00:00 Welcome to the Innovation Show 01:55 The Innovator's Dilemma: A Classic Quote 02:05 Introducing the Guests: Greg Satel and Paul Nula 02:43 The Myth of Learning from Failures 03:07 Greg's Experience with Misaligned Case Studies 05:07 Paul's Perspective on Research and Interviews 05:17 The Complexity of Decision-Making in Organizations 15:30 The Blockbuster vs. Netflix Case Study 21:44 The Role of Leadership and Context in Business Decisions 43:45 Milking the Cash Cow: Challenges and Strategies 45:21 Blockbuster's Rapid DVD by Mail Transition 46:30 Adobe's Cloud Shift and Kodak's Digital Dilemma 48:42 Kodak's Struggle with Digital Photography 54:43 Fuji's Diversification Success 58:29 Intel's Missed Opportunities and Target Fixation 01:06:40 Xerox's Innovation and the Birth of the Laser Printer 01:20:44 Lessons from Xerox and Pixar's Origins 01:24:26 Empowering Emerging Leaders and Final Thoughts Perfect for business leaders, strategists, and innovation professionals who want to move beyond the clichés and understand what truly drives long-term success—or failure. Find Greg: https://gregsatell.com Find Paul: https://www.linkedin.com/in/paul-nunes-5351773/ 🔗 Listen on your favorite podcast platform or visit: https://theinnovationshow.io 🧠 Featuring: Greg Satell – Author of Mapping Innovation Paul Nunes – Global Managing Director of Thought Leadership, Accenture Research Host: Aidan McCullen – Author of Undisruptable
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Gary Hamel - Humanocracy Finale Reinventing Roche
In this episode, we conclude the comprehensive series on Gary Hamel and 'Humanocracy,' diving deep into the principles and practices that can transform entrenched bureaucracies into more dynamic and innovative organizations. Host Aidan interviews Gary Hamel to discuss the persistent issue of bureaucracy stifling economic growth and the groundbreaking transformation at Roche as a case study. The conversation covers the increasing bureaucracy in global companies, the decline in productivity, and innovative methods like outcome-based planning and cross-functional squads to elevate organizational efficiency. The episode also emphasizes personal accountability and offers actionable steps for leaders aiming to foster a more adaptive and resilient work environment. This informative discussion is a must-watch for CEOs and business leaders looking to revolutionize their companies. 00:00 Introduction and Giveaway Announcement 00:52 The Problem with Bureaucracy in Organizations 06:16 Case Study: Roche's Transformation 11:16 Leadership Reboot and Principles at Roche 20:31 Implementing Change: Design Teams and I Squads 26:34 Outcome-Based Planning and Resource Allocation 29:53 Resource Allocation and Organizational Ethos 31:16 Resilience in the Face of Challenges 32:59 Leadership and Change Management 37:47 Cross-Functional Squads and Collaboration 42:43 Patient-Centric Approach 46:31 Personal Accountability and Bureaucracy 50:30 Experimentation and Innovation 56:22 Conclusion and Final Thoughts Find Gary https://www.garyhamel.com
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Gary Hamel on Nucor & Haier: Humanocracy in Action
In this episode of the Innovation Show, Aidan McCullen welcomes back Gary Hamel to dive deep into the updated release of his book, 'Humanocracy.' They explore the principles and practices of leading companies like Nucor and Haier that reject traditional bureaucratic models in favor of empowering every employee to be an entrepreneur. Gary Hamel shares insights into the mechanisms driving innovation and strategic shifts in these organizations. Find out how micro-enterprises, internal contracting, and a culture of trust and accountability can turn any organization into a breeding ground for innovation and sustained growth. Sponsored by the Kyndryl Institute, whose biannual journal offers thought leadership on AI, global trade, and transformation. 00:00 Introduction to the Innovation Show 00:49 Welcoming Gary Hamel and Discussing Humanocracy 01:55 The Need for Organizational Reset 02:35 Motivation and Models for Change 03:40 Deep Mindset Changes and Migration Path 04:08 Case Study: Nucor's Innovative Management 11:29 Nucor's Management Model and Success 13:01 Empowerment and Reward Systems at Nucor 16:35 Coordination and Trust at Nucor 27:25 Humanocracy Traits and Nucor's Approach 42:30 The Evolutionary Process in Organizations 43:18 Avoiding Over-Specialization in the Workforce 45:04 The Role of AI in Modern Employment 47:01 Haier's Unique Management Model 52:33 Micro-Enterprises and Market Discipline 58:47 Ecosystem Micro Communities at Haier 01:01:14 Entrepreneurship and Ownership at Haier 01:12:42 The Downfall of Intel: A Case Study 01:23:11 Conclusion and Future Discussions #GaryHamel #Humanocracy #InnovationShow #FutureOfWork #OrganizationalChange #PostBureaucracy #Haier #Nucor #AidanMcCullen #FlatOrganizations #StrategyExecution #RadicalManagement
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Gary Hamel - Humanocracy New Edition Part 1
In this episode of The Gary Hamel Series, we explore the principles laid out in 'Humanocracy,' a manifesto that argues for liberating human capabilities from the stranglehold of bureaucracy. We delve into practical strategies for creating more dynamic, innovation-driven organizations. Special guest, Gary Hamel, discusses the economic and social implications of bureaucratic systems and presents alternative management models exemplified by companies like Morningstar and Nucor. We also reflect on personal anecdotes and shared experiences that highlight the soul-crushing effects of traditional bureaucratic structures. Thank you to our sponsor, Kyndryl, for supporting this series focused on harnessing technology for smarter decisions and faster innovation. 00:00 Introduction and Sponsor Message 00:58 Overview of Humanocracy 02:08 Gary Hamel's Return and Dedications 02:51 Audience Feedback and Testimonials 05:18 The Problem with Bureaucracy 09:46 Personal Anecdotes and Case Studies 17:37 Economic Implications of Bureaucracy 19:27 The Need for a New Management Model 38:26 Post-Bureaucratic Pioneers 39:28 The Shift in Mindset 39:45 Nucor's People-Centric Approach 41:01 The Bureaucratic Worldview 41:54 The Growth of Bureaucracy 44:04 The Persistence of Bureaucracy 45:44 The Role of Managers 55:29 Morningstar's Self-Management Model 01:01:58 The Importance of Principles 01:07:09 Concluding Thoughts and Future Topics 🎯 Subscribe now and follow the full Humanocracy playlist. #GaryHamel #Humanocracy #Bureaucracy #FutureOfWork #AidanMcCullen #InnovationShow #OrganizationalChange #EmployeeEmpowerment #Leadership #PostBureaucracy #Decentralization #StrategyExecution #BusinessInnovation
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Robert Burgelman - The Inescapable Dilemmas of Organizational Adaptation
Strategic Innovation and the Joe Bower Model Extended with Robert Burgelman In this episode, host Aidan McCullen delves into the intricacies of strategic innovation with Professor Robert Burgelman. The discussion focuses on the extension of the Joe Bower model, exploring organizational adaptation, strategic dissonance, and the strategic context process. Burgelman elucidates four types of strategic context processes: rationalizing new initiatives, dissolving core business contexts, the emaciation of strategic contexts, and the fizzling out of proactive strategic contexts. Key insights include the balancing act between positional advantages and distinctive competencies, the dilemmas faced by multi-business companies, and the challenges of insufficient variation and co-evolutionary lock-ins. The episode also touches upon the importance of strategic leadership in navigating these complex dilemmas. This deep dive is a must-watch for anyone interested in organizational strategy and corporate innovation. 📘 Based on decades of research and experience alongside Andy Grove at Intel, Burgelman offers frameworks every leader needs to navigate uncertainty and disruption. 🎧 Hosted by Aidan McCullen 🎯 Featuring case studies from Intel, HP, Nokia, Apple, JetBlue & more #RobertBurgelman #OrganizationalAdaptation #StrategicDissonance #AidanMcCullen #InnovationShow #IntelStrategy #NokiaCaseStudy #ClarkGilbert #GaryHamel #AndyGrove #StrategyExecution #CorporateInnovation #LeadershipDevelopment #BusinessTransformation #InnovationLeadership 00:00 Introduction and Sponsor Message 00:45 Welcoming Professor Robert Burgelman 00:59 Strategic Dissonance and Context Processes 02:35 Intel's Strategic Context Evolution 07:13 Clark Gilbert's Duality Insight 09:07 Disruption from Above and Below 16:58 Intel's Competency and Position Traps 27:51 Multi-Business Dilemma 39:35 Adapting Organizations to Changing Environments 40:42 Case Study: Swedish Media Company ER Bony News 42:23 Challenges of Biased Leadership 42:51 Intel's Strategic Shifts and Learning Curves 44:47 Co-Evolutionary Lock-In Dilemma 46:06 Exploration vs. Exploitation in Organizations 47:25 Narrow Business Strategy Benefits 50:44 Corporate Venture Capital and AI 57:08 Disruptive Technology Dilemma 58:21 The iPhone's High-End Disruption 01:00:45 Nokia's Missed Opportunities 01:08:34 Strategic Leadership and Emotional Attachment 01:13:02 Concluding Thoughts and Future Discussions
A Global weekly show interviewing authors to inspire, educate and inform the business world and the curious. Presented by the author of "Undisruptable", this Global show speaks of something greater beyond innovation, disruption and technology. It speaks to the human need to learn: how to adapt to and love a changing world. It embraces the spirit of constant change, of staying receptive, of always learning.
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