Erich Kruschitz - Navigating Corporate Exploration

The Innovation Show

In this episode of the Corporate Explorer series, we dive deep into managing innovation within large corporations with Erich Kruschitz, CEO of Mavie Next. Erich shares detailed insights from his journey transforming UNIQA’s exploratory unit into a successful growth engine. We explore the challenges of building and managing a team for innovation, the importance of clearly defined goals and organisational support, and the nuances of handling acquisitions and integrating diverse company cultures. Key topics include the concept of ambidexterity, the characteristics necessary for a corporate explorer, and the importance of rituals in celebrating and learning from failures. This episode is packed with valuable lessons for anyone involved in corporate strategy and innovation. 00:00 Introduction to Corporate Exploration 00:34 Sponsor Acknowledgment: Wazoku 01:12 Guest Introduction: Erich Kruschitz 01:58 Erich's Journey and Background 02:28 Building a Team for Exploration 04:22 UNIQA's Strategic Shift to Healthcare 11:08 Defining the Purpose and Scope 19:00 Challenges in Team Building 30:32 Acquisitions and Their Impact 37:51 Celebrating Failures and Learning 41:34 Conclusion and Contact Information Find Erich here: Erich Kruschitz, Aidan McCullen, UNIQA, Mavie Next, SanusX, Wazoku, Corporate Explorer, innovation, ambidexterity, healthcare, insurance, leadership, startups, entrepreneurs, asset management, risk management, finance, telemedicine, employee health, elderly care