How to balance risk management in corporate innovation with Alice Ponti

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Faces of Innovation

Bamboo Crowd

16 episodes

3 weeks ago

Welcome to Faces of Innovation!

This podcast is dedicated to speaking to leaders across the innovation ecosystem, from Venture Builders to Chief Innovation Officers.

Faces of Innovation is hosted by Rachel Gordon. Rachel is a growth and innovation advisor to ambitious industry leaders in consumer packaged goods and pharmaceuticals. In her 20-year career, she's led innovation initiatives across Europe and North America in-house and as a consultant.

Today, she helps clients create internal structures for successful long-term innovation, enabling them to uncover market opportunities, build innovation capability and position themselves for large-scale growth. Rachel’s experience includes work with: ABInBev, AstraZeneca, Danone, General Mills, Harley-Davidson, PepsiCo and Virgin.

All content for Faces of Innovation is the property of Bamboo Crowd and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Investing

Business,

Entrepreneurship

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How to balance risk management in corporate innovation with Alice Ponti | EP 9

Faces of Innovation

52 minutes

6 months ago

How to balance risk management in corporate innovation with Alice Ponti | EP 9

In this conversation, Alice Ponti, a corporate innovation expert, discusses the intricate relationship between innovation and risk management in organizations. She emphasizes the importance of psychological safety, the limitations of traditional Stage Gate processes, and the need for intelligent risk-taking. The discussion also covers portfolio management strategies and the role of startups in accelerating innovation. Ultimately, the conversation highlights the significance of cultivating a culture that embraces risk-taking and learning from failures.

Takeaways:

Leaders often overlook the bigger risks of disruption.
Psychological safety is crucial for innovation teams.
Innovation should be seen as an option to create future value.
StageGate processes can hinder breakthrough innovation.
Portfolio management helps identify gaps in innovation.
Piloting new products is essential for risk management.
A culture of risk-taking starts with leadership.
Intelligent risk-taking can lead to greater innovation success.
Collaboration with startups can de-risk innovation processes.
Innovation teams can inspire risk-taking across the organization.

Chapters:
00:00 Understanding Innovation and Risk
09:40 The StageGate Process: A Double-Edged Sword
22:01 Portfolio Management in Innovation
31:15 Venture Fuel: Bridging Startups and Corporations
39:21 Cultivating a Culture of Risk-Taking

Find Alice here: https://www.linkedin.com/in/aliceponti/

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To learn more about BTG: https://bambootalent.group/

About The Faces of Innovation: This podcast is dedicated to speaking to leaders across the innovation ecosystem, from Venture Builders to Chief Innovation Officers.