In this episode, IMD Professor Zhike Lei speaks with Marcus Schindler, the former head of Novo Nordisk’s R&D operation, about driving innovation through transformation.

 Schindler reveals his journey is defined by “exploration” and details how he balances the need for immediate delivery with long-term discovery, stressing that success requires doing both.

Novo Nordisk’s strong, patient-focused purpose attracts global talent, and Schindler explains the strategy behind establishing R&D hubs in places like Boston to leverage external innovation and entrepreneurial spirit. R&D teams, he says, need to prepare for the age of AI by becoming “bi-lingual” in both science and digital skills, and concludes that trust and a compelling value story are the currency for leading a transformative organization.