Daniel spends this episode of Innovation19 with professor and author Rita McGrath, a true expert in leading innovation and growth and developing winning leadership strategies for companies of any size to thrive no matter what. This powerhouse conversation includes insights about her “continuous reconfiguration” mindset that enables leaders to always be ready for change, able to shed old business models, strategies, or practices that aren’t working anymore for new ones that will. They also discuss McGrath’s idea of “transient competitive advantage,” where CEOs can look at each project in their organization as if it’s living in different life cycles, better equipping them to make fast, firm decisions. And she stresses the human aspect above all, valuing talent as a major competitive advantage and pointing out that businesses and government have to do more to address income inequality and other issues in order to have an economy that works for everyone. 

McGrath’s most recent book is Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen.