What is Innovation?

Innovation is implementing a creative solution to a deeply understood problem :: Keagan Russo


Listen Later

Keagan Russo, is Fleetcor's President for North America Local, a company that provides fuel cards and workforce payment products and services. 

More about our guest:

Keagan leads the North America Local Fleet Card line of business, which has ~50,000 businesses under the Fuelman and Comdata Mastercard brands. He joined FLEETCOR in 2019. Before his current role, Keagan lead go-to-market strategy and product for the Local business. Prior to FLEETCOR, he was a strategy and marketing leader at various fintech startups, a management consultant at McKinsey & Company, and started his career at MBNA Corp. He received his JD from Boston College Law School and his BA from Colby College.

------------------------------------------------
Episode Guide:

1:38 - What is Innovation? 

2:15 - Understanding: Shallowly and Deeply 

4:37 - "Innovation equals speed to market" 

5:29 - Creativity in innovation: a solution standpoint 

6:15 - Fleetcor's Case Study 

7:05 - CarAdvise Partnership 

9:40 - Personal problem solving toolkit 

13:19 - Implementation: the engineering aspect 

14:23 - Chief Innovation Officer 

15:55 - Pilot Launch: Electric Vehicle Fleet Payment Solution 

17:00 - Internal Innovation and Entrepreneurial Innovation 

18:07 - MBNA's FLC

23:02 - What isn't Innovation? 

25:34 - Advice to Innovators

-------------------------
Resources Mentioned: 

Companies: 

  • FleetCor
  • MBNA ('acquired and integrated into Bank of America Corporation') 
  • CarAdvise

--------------------------

OUTLAST Consulting offers professional development and strategic advisory services in the areas of innovation and diversity management.

...more
View all episodesView all episodes
Download on the App Store

What is Innovation?By Jared Simmons

  • 5
  • 5
  • 5
  • 5
  • 5

5

5 ratings