Breakthrough Thinking from Rita McGrath

The Evolving Leader

Welcome to Season 3 of the Evolving Leader podcast.

In this episode of the Evolving Leader podcast, hosts Jean Gomes and Scott Allender are joined by innovation expert Rita McGrath. Rita is an author, professor of management at the Columbia Business School, keynote speaker, founder of the innovation platform ‘Valize’ and in September 2021 was shortlisted for the Thinkers50 Strategy Award.
Reading recommendation:
"Seeing around corners - How to spot inflection points in business before they happen" (Rita McGrath, 2021)

THIS EPISODE:
2.18 Rita’s background and career to date.

4.36 Eliminating ‘innovation theatre’.

7.54 Discovery driven growth, and Rita’s ‘flops file’.

11.53 How Rita’s ‘Discovery Driven Planning’ HBR article influenced Eric Ries and the Lean Start-up.

14.27 The ‘Barebones Net Present Value’ tool can help to project the entire lifecycle value of a potential project.

15.57 Insights regarding how we need to think differently about competitive advantage and where that approach has been adopted successfully.

25.01 One of the most important superpowers for leaders. ‘Seeing around corners – how to spot inflection points in business before they happen’ (Rita McGrath, 2021). Rita elaborates.

29.25 The process of assumption busting.

31.52 People are one of the only remaining sources of long term competitive advantage.

34.53 The pitfalls that Rita sees when working as an advisor in businesses around the world

37.56 Rita’s next area of research.

39.38 Experiences from living and working through Covid.

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