Episode 28

Bill Fischer: The myths and magic of innovation

Available on these channels and more

Innovation is a topic that always comes up in my work with CEOs, senior executives and entrepreneurs. We focus on how to:

  • Create an innovation portfolio.
  • Balance different types of innovation.
  • Develop a more innovative culture.
  • Open up the organisation to external stimulus.

But there are lots of myths and misunderstandings. Innovation ‘theatre’ too. People talk a great game, but innovation practice doesn’t live up to the promise. Who better to talk to about these topics than Bill Fischer, a guru on innovation and leadership; he worked with companies, like Haier, long before they became household names. In this episode we talk about:

  • Innovation as a verb.
  • CEOs who have the curiosity to be innovative.
  • The power of conversations.
  • The biggest myths of innovation.
  • Bill’s challenges to design thinking and lean start-up approaches.

If you’re look for somebody to challenge conventional wisdom, and refresh your own mindset and approach to innovation, have a listen.

The best bits of these conversations are captured in my newsletter Flashes+Sparks.

More about Bill

Bill is an Emeritus Professor at IMD in Switzerland and Senior Lecturer at MIT. He was inducted into the Thinkers50 Hall of Fame in 2019. He was the Executive President and Dean of the China Europe International Business School, in Shanghai, and served on the faculties of University of North Carolina at Chapel Hill, and Clarkson University.

“We have failed to make innovation a reliable type of activity.”

Bill Fischer, Senior Lecturer, MIT, and author

VIEW RUNNING ORDER

02.38 The hardest part of strategy.
04.14 Shift in mindset of a leader.
05.41 Innovation as a verb not a noun.
07.41 Dangerous managerial activities on a S-curve.
08.43 CEOs who have bags of curiosity.
10.58 How Haier has sustained innovation and performance.
15.07 The power of scalable learning.
23.14 Biggest myths about innovation.
24.06 Challenges to design thinking and lean start-up.
24.31 Why strategy might be a myth.
27.51 The meaning of an organisation.
Andy Woodfield: Coming out as your best self

Andy Woodfield: Coming out as your best self

Bruce Daisley: Drawing strength from others

Bruce Daisley: Drawing strength from others

Gena Cox: Building inclusive organisations

Gena Cox: Building inclusive organisations

Tomas Chamorro-Premuzic: Supercharging human performance

Tomas Chamorro-Premuzic: Supercharging human performance

Laura Vanderkam: Making time for what matters

Laura Vanderkam: Making time for what matters

Amy Gallo: Working with difficult people

Amy Gallo: Working with difficult people

Paul Polman: Creating companies that give more than they take

Paul Polman: Creating companies that give more than they take

Jim Detert: Cultivating your courage

Jim Detert: Cultivating your courage

Andrea Olson: Truly understanding your customers

Andrea Olson: Truly understanding your customers

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