July 09, 2024

ITO Special Guest: Dr Jeff Standridge (Part 2)

56 minutes

Welcome to part two of Adam Scorey’s interview with Dr. Jeff Standridge, an innovation consultant, investor, entrepreneur, author and educator from Arkansas, USA.

Jeff and Adam discuss Dr. Standridge's experience in helping organisations transform their culture, processes and products through innovation, as well as his insights on leadership, finance and mentorship for startups and entrepreneurs.

"Don't fall in love with the solution, fall in love with the problem you're trying to solve." Jeff Standridge

Jeff also shares some personal stories and anecdotes from his career, such as how he started his career as a respiratory therapist to becoming a global executive, how he learned to balance results and relationships, and how he became a mentor himself for many aspiring innovators.

The episode is full of valuable tips and advice for anyone who is interested in building a product, starting a company or leading a team in a changing and competitive environment.

Jon & Adam's thoughts

As with Part 1, Jon and Adam follow up the recording with some thoughts and insights of their own.

10 takeaways from the podcast:

Innovation is planned change directed at more pleasant, efficient, or effective ways of doing things or doing things that substantially reduce the transaction cost of doing business.

Innovation consultants help organisations make their organisations better using the process of innovation or to create new products and services.

Change is central to innovation, but it can be difficult to do and takes a long time.

Coaching people through change can involve both people change and process change.

Don't fall in love with the solution, fall in love with the problem you're trying to solve.

Learn how to manage your own personal finances first so that you can then learn how to manage your business finances.

Get good at knowing what you don't know and finding and utilising mentors to help you fill the gaps.

Being intentional about what you do is more important than what you're actually intentional at

It's important to have consistency in going to bed and getting up.

Everyone has a responsibility of owning their tendencies in results and relationships, discovering them, and then creating mechanisms around themselves to help them maintain that balance.

Jeff's best selling books:

Creating Startup Junkies

Top Performers Field Guide

Reach Out to Jeff

...more

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By The ITO Team