The Innovation Show

• Gary Hamel - Competence Based Competition

  In this episode of The Innovation Show, host Aidan McCullen welcomes back esteemed guest Gary Hamel, celebrated business strategist and co-author of the revolutionary article on core competencies. They dive deep into the concept of competence-based competition, discussing the origins, importance, and modern applications of core competencies. Gary shares insights from his extensive work alongside CK Prahalad and reflects on how their ideas shaped corporate strategy. Using historical and contemporary examples, including Tesla and HAIER, they explore how focusing on deep skills can lead to enduring competitive advantages. This episode is a must-listen for anyone interested in innovation, strategy, and the future of business in a rapidly evolving world.   00:00 Introduction and Welcome 00:23 The Concept of Competence-Based Competition 01:24 Historical Context and Development 02:26 Core Competence and Strategic Implications 05:03 Challenges and Misinterpretations 13:37 Modern Examples and Applications 28:23 Strategic Conversations and Future Focus 35:12 The Danger of Viewing Companies as Product Sets 35:33 Intel vs. TSMC: A Strategic Misstep 37:56 Bounded Innovation and Core Competencies 38:49 Uber's Broader Vision Beyond Ride-Hailing 42:23 Amazon's Evolution from Online Retailer to Logistics Giant 43:21 US Car Makers' Myopia and Missed Opportunities 44:24 Historical Examples: Honda and Sony 47:01 Tesla: An Energy Company, Not Just a Car Maker 48:08 Microsoft's Myopic View and Missed Opportunities 56:00 The Importance of Organizational Flexibility 01:02:26 Encouraging Internal Innovation 01:08:42 Conclusion and Next Steps

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• Pedro Oliveira: User Innovation in Healthcare

  Pedro Oliveira: User Innovation in Healthcare   Welcome to a new series inspired by Eric Von Hippel, and sponsored by Wazoku. In today's episode, we are joined by Professor Pedro Oliveira, founder and president of Patient Innovation, to explore the role of patients and caregivers in developing new medical products and services. Discover remarkable stories of user-generated medical innovations, such as Tal Golesworthy's life-saving aortic support and Louis Plante's innovative lung-clearing device. Learn how Patient Innovation is helping to bring these solutions to market through a multi-sided platform that connects patient innovators with industry. Find out more about this transformative approach to healthcare innovation and the positive impact it has had on countless lives.   00:00 Introduction to the Series and Sponsor 00:29 Focus on User Innovation in Healthcare 00:53 Interview with Professor Pedro Oliveira 01:20 Eric von Hippel's Influence on User Innovation 03:55 Patient Innovator Stories: Tal Golesworthy 05:17 Patient Innovator Stories: Louis Plante 12:35 Patient Innovator Stories: Hans and Be My Eyes 19:06 The Multi-Sided Platform for Patient Innovation 25:35 Encouraging More Patient Innovations 27:26 Conclusion and Sponsor Message   Find Pedro  https://patient-innovation.com/who   Find Wazoku: www.Wazoku.com User Innovation, Healthcare Innovation, Patient-Driven Innovation, Medical Breakthroughs, Pedro Oliveira, Eric von Hippel, Tal Golesworthy, ExoVasc, Louis Plante, Flutter Device, Hans Be My Eyes, Be My Eyes, Multi-Sided Platforms, Patient Entrepreneurship, Medical Devices, Assistive Technology, Digital Health, Open Innovation, Future of Medicine, Patient Advocacy, Caregiver Innovation

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• Gary Hamel - Competing For The Future Part 2

  The Future of Foresight & Innovation: Insights with Gary Hamel | The Innovation Show   In this episode, we have the pleasure of welcoming back Gary Hamel, a leading expert in business strategy and management. Host Aidan McCullen and Gary Hamel dive deep into the concept of foresight, stressing the importance of understanding broad themes and emerging trends to guide companies toward future opportunities. They discuss companies' common blind spots and failures in anticipating the future, as well as ways to leverage resources effectively. Gary shares insights on the necessity of innovation at all levels of an organization, the perils of becoming too attached to current successes, and how organizations can think more creatively about emerging technologies. They also cover historical examples from companies like IBM, Kodak, and 3M to illustrate key lessons in foresight and innovation.   00:00 Introduction and Welcome 00:20 The Importance of Foresight 02:19 Recognizing Emerging Trends 04:30 Challenges of Organizational Change 09:13 Cultural Perspectives on Innovation 14:31 Historical Examples of Foresight Failures 30:58 Innovation in Cost Structures 34:34 The Urgency of Innovation in Healthcare 35:10 The Need for Builders in Leadership 35:55 Resource Leverage: Doing More with Less 36:55 Learning from Guerrilla Warfare and 9/11 39:06 Speed to Market: Lessons from Japanese Companies 40:24 The Importance of Rapid Iteration 44:00 Building Consensus and Leveraging Employee Insights 47:47 The Role of Strategic Focus in Innovation 53:30 Learning from Kodak and 3M 57:48 Metaphors and Organizational Change 01:07:12 Predicting the Future: The Smartphone and Cloud Computing 01:10:04 Final Thoughts and Contact Information

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• Gary Hamel Part 1: Competing for the Future 1

  Gary Hamel Part 1: Competing for the Future 1   In this episode of the Innovation Show, renowned management thinker Gary Hamel discusses his extensive work in the field of organizational transformation and innovation. Reflecting on his early experiences at the University of Michigan and the London Business School, Hamel shares insights into the impact of foreign competition on American businesses in the late 1970s, and the critical importance of foresight and humility for executives. He delves into his consulting work with companies like Nokia and Apple, emphasizing the need for open strategy, diversity of thought, and the constant reinvention of competencies. Hamel also offers practical advice for leaders on avoiding the pitfalls of complacency and short-term thinking, urging them to build organizations that can thrive and innovate in a rapidly changing world.   00:00 Introduction and Welcome 00:43 Early Career and Influences 02:38 Teaching at London Business School 04:50 Consulting and Industry Experience 07:27 Collaboration with CK Prahalad 08:23 Lessons from Global Competition 22:10 Nokia's Rise and Fall 37:22 Innovative Leadership Through Video Messaging 37:42 Predicting the Future: Challenges and Insights 39:12 The Rise of Streaming and the Fall of Broadcast TV 40:39 Executive Resistance to Change 42:05 The Importance of Forgetting and Unlearning 43:49 Youthful Perspectives in Strategy Meetings 44:32 The Downfall of Nokia: Lessons in Innovation 47:06 Apple's Commitment to Silicon Mastery 48:44 Building Competencies for Future Success 53:28 The Persistence of Corporate Failings 01:04:54 The Role of Leadership in Innovation 01:10:15 Conclusion and Call to Action   Find Gary: https://www.garyhamel.com

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• Paul Nunes and Ian Morrison (R.I.P.) - Navigating Second Curves

  To Ian Morrison, Rest in Peace.   In this inaugural episode of 'Innovation Show X,' host Aidan McCullen is joined by renowned guests Ian Morrison and Paul Nunes to discuss navigating the complex landscape of innovation. They explore key concepts from their influential books, 'The Second Curve' and 'Jumping the S-Curve,' providing insights into managing transitions in business, the challenges of risk and asset allocation, and how companies can sustain high performance over time.    The episode also pays tribute to the late Ian Morrison for his contributions to thought leadership and innovation.    Tune in to learn about the profound changes in industries like healthcare and technology and the essential balance between legacy systems and new ventures.   00:00 Sad News and Dedication to Ian Morrison 01:27 Introduction to Innovation Show X 01:52 Ian Morrison's Second Curve 04:17 Paul Nunez on Jumping the S Curve 06:38 Discussion on Technology and Market Changes 21:46 Healthcare and Digital Disruption 33:59 Challenges in Innovation and Risk Management 40:15 The Phoenix Metaphor and Organizational Change 53:39 Conclusion and Reflections

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