The ESSENTIAL conditions for successful innovation with Dave Lewis of Mach49

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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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The ESSENTIAL conditions for successful innovation with Dave Lewis of Mach49 | EP 12

Faces of Innovation

52 minutes

5 months ago

The ESSENTIAL conditions for successful innovation with Dave Lewis of Mach49 | EP 12

In this conversation, Dave Lewis discusses the essential elements of capability building for corporate innovation. He emphasizes the importance of clarity, commitment, and the right conditions for fostering innovation. The discussion covers the definitions of innovation and capability, the significance of creating safe learning environments, and the need for empathy in capability building. Additionally, the conversation highlights the distinction between organizational and individual capabilities, the importance of influencing skills, and the ongoing nature of capability development. Finally, the conversation touches on the challenges of measuring success in innovation efforts.

The speakers delve into the intricacies of innovation and capability building within organizations. They emphasize the importance of setting clear milestones and metrics to track progress, the need for engagement throughout the innovation journey, and the value of interdisciplinary teams. The discussion also includes a unique analogy comparing innovation to surfing, highlighting the skills required to adapt and ride the waves of change. Finally, they outline the three C's of successful capability building: clarity, commitment, and conditions.

Chapters
00:00 The Three C's of Innovation Success
04:58 Defining Innovation and Capability Building
10:03 Creating Safe Spaces for Learning
15:00 The Importance of People in Capability Building
20:02 Organizational Capability vs. Individual Capability
25:11 Measuring Success in Capability Building
28:53 Milestones and Metrics in Innovation
32:34 Engagement and Progress Tracking
35:58 Building Interdisciplinary Teams
38:04 The Surfing Analogy for Innovation
48:30 The Three C's of Capability Building

Find Dave here: https://www.linkedin.com/in/dave-lewis-jr/

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