The Innovation Show

Narendra Laljani - Corporate Explorer Part 4


Listen Later

Corporate Explorers: Navigating Through Toxic Assumptions with Narendra Laljani

 

Episode Description:

In this insightful episode of our Corporate Explorer series, we dive deep into the crucial topic of "Outside-In: Overcoming Toxic Assumptions with Market Insight" with our distinguished guest, Narendra Laljani. As a co-author of the chapter, management educator, consultant, and program director at Henley Business School, Laljani brings a wealth of experience and knowledge to our discussion, illuminating the path for organizations aiming to navigate the treacherous waters of innovation and strategic adaptation.

Key Highlights:

  • Introduction to the Series [00:00:00]: We kick off the episode with gratitude towards our sponsor, Wazoku, for supporting the exploration of effective, sustainable innovation ecosystems. A brief overview sets the stage for our deep dive into overcoming toxic assumptions through market insight, highlighting the journey through previous series parts with Mike Tushman and Andy Binns.

  • The Core Challenges [00:02:00]: Laljani and host Aidan McCullen discuss the dual challenges of the "inside-out" and "outside-in" perspectives that organizations face. Through captivating examples such as Encyclopaedia Britannica, Kodak, and Thomas Cook, we explore the pitfalls of success recipes and the importance of adapting to environmental changes.

  • Narendra Laljani's Rich Experience [00:04:00]: Laljani shares his extensive background in corporate exploration, offering personal anecdotes and lessons learned from both successes and failures. His insights into leadership challenges and strategic execution are not to be missed.

  • Overcoming Embedded Assumptions [00:05:00]: Delving into the metaphor of organizational DNA, we discuss how deeply embedded assumptions and beliefs shape corporate culture and decision-making processes, often to the detriment of innovation and growth.

  • Mental Models and Industry Paradigms [00:09:00]: The conversation broadens to include the concept of mental models within organizations and entire industries, emphasizing the importance of challenging existing paradigms to uncover new opportunities.

  • The Value of New Perspectives [00:12:00]: Highlighting the critical role of newcomers in injecting fresh thinking into stagnant environments, we discuss strategies for preserving and leveraging newness within corporate structures.

  • A Framework for Innovation [00:14:00]: Laljani introduces a practical framework for challenging assumptions, derived from the work of C.K. Prahalad and Gary Hamel, offering listeners a tool for strategic innovation and thought provocation.

  • Continuous Learning as a Competitive Edge [00:16:00]: The episode concludes with a powerful discussion on the importance of learning, unlearning, and relearning, underscoring continuous learning as the only sustainable competitive advantage in the future.

Where to Find Us: Tune in to this compelling episode on platforms like Apple Podcasts and Spotify to gain insights into overcoming toxic assumptions with market insight. For those looking to dive deeper into strategic innovation and corporate exploration, connect with Narendra Laljani on LinkedIn or explore the upcoming Strategic Innovation Program at Henley Business School.

 

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

The Innovation ShowBy The Innovation Show

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

51 ratings


More shows like The Innovation Show

View all
Coaching for Leaders by Dave Stachowiak

Coaching for Leaders

1,464 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,061 Listeners

FT Tech Tonic by Financial Times

FT Tech Tonic

89 Listeners

Masters of Scale by WaitWhat

Masters of Scale

3,987 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

168 Listeners

FT News Briefing by Financial Times

FT News Briefing

672 Listeners

Full Disclosure with James O'Brien by Global

Full Disclosure with James O'Brien

285 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,036 Listeners

Empire by Goalhanger

Empire

2,210 Listeners

The News Agents by Global

The News Agents

905 Listeners

The Rest Is Politics: Leading by Goalhanger

The Rest Is Politics: Leading

839 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

74 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

161 Listeners

The Rest Is Money by Goalhanger

The Rest Is Money

183 Listeners

The Rest Is Politics: US by Goalhanger

The Rest Is Politics: US

2,211 Listeners