In this episode of the Innovation Show we delve into the myths and realities of business failures with Greg Satell and Paul Nunes.

Join us as we explore classic case studies of companies like Blockbuster, Kodak, and Xerox, and uncover the untold stories behind their perceived failures.

We discuss the complexities of decision-making, the importance of controlling the narrative, and the crucial lessons business leaders can learn from past mistakes.

00:00 Welcome to the Innovation Show

01:55 The Innovator's Dilemma: A Classic Quote

02:05 Introducing the Guests: Greg Satel and Paul Nula

02:43 The Myth of Learning from Failures

03:07 Greg's Experience with Misaligned Case Studies

05:07 Paul's Perspective on Research and Interviews

05:17 The Complexity of Decision-Making in Organizations

15:30 The Blockbuster vs. Netflix Case Study

21:44 The Role of Leadership and Context in Business Decisions

43:45 Milking the Cash Cow: Challenges and Strategies

45:21 Blockbuster's Rapid DVD by Mail Transition

46:30 Adobe's Cloud Shift and Kodak's Digital Dilemma

48:42 Kodak's Struggle with Digital Photography

54:43 Fuji's Diversification Success

58:29 Intel's Missed Opportunities and Target Fixation

01:06:40 Xerox's Innovation and the Birth of the Laser Printer

01:20:44 Lessons from Xerox and Pixar's Origins

01:24:26 Empowering Emerging Leaders and Final Thoughts

Perfect for business leaders, strategists, and innovation professionals who want to move beyond the clichés and understand what truly drives long-term success—or failure.

Find Greg: https://gregsatell.com

Find Paul: https://www.linkedin.com/in/paul-nunes-5351773/

🔗 Listen on your favorite podcast platform or visit: https://theinnovationshow.io

🧠 Featuring:

• Greg Satell – Author of Mapping Innovation

• Paul Nunes – Global Managing Director of Thought Leadership, Accenture Research

• Host: Aidan McCullen – Author of Undisruptable

In this episode, we conclude the comprehensive series on Gary Hamel and 'Humanocracy,' diving deep into the principles and practices that can transform entrenched bureaucracies into more dynamic and innovative organizations. Host Aidan interviews Gary Hamel to discuss the persistent issue of bureaucracy stifling economic growth and the groundbreaking transformation at Roche as a case study. The conversation covers the increasing bureaucracy in global companies, the decline in productivity, and innovative methods like outcome-based planning and cross-functional squads to elevate organizational efficiency. The episode also emphasizes personal accountability and offers actionable steps for leaders aiming to foster a more adaptive and resilient work environment. This informative discussion is a must-watch for CEOs and business leaders looking to revolutionize their companies.

00:00 Introduction and Giveaway Announcement

00:52 The Problem with Bureaucracy in Organizations

06:16 Case Study: Roche's Transformation

11:16 Leadership Reboot and Principles at Roche

20:31 Implementing Change: Design Teams and I Squads

26:34 Outcome-Based Planning and Resource Allocation

29:53 Resource Allocation and Organizational Ethos

31:16 Resilience in the Face of Challenges

32:59 Leadership and Change Management

37:47 Cross-Functional Squads and Collaboration

42:43 Patient-Centric Approach

46:31 Personal Accountability and Bureaucracy

50:30 Experimentation and Innovation

56:22 Conclusion and Final Thoughts

Find Gary

https://www.garyhamel.com

In this episode of the Innovation Show, Aidan McCullen welcomes back Gary Hamel to dive deep into the updated release of his book, 'Humanocracy.' They explore the principles and practices of leading companies like Nucor and Haier that reject traditional bureaucratic models in favor of empowering every employee to be an entrepreneur. Gary Hamel shares insights into the mechanisms driving innovation and strategic shifts in these organizations. Find out how micro-enterprises, internal contracting, and a culture of trust and accountability can turn any organization into a breeding ground for innovation and sustained growth. Sponsored by the Kyndryl Institute, whose biannual journal offers thought leadership on AI, global trade, and transformation.

00:00 Introduction to the Innovation Show

00:49 Welcoming Gary Hamel and Discussing Humanocracy

01:55 The Need for Organizational Reset

02:35 Motivation and Models for Change

03:40 Deep Mindset Changes and Migration Path

04:08 Case Study: Nucor's Innovative Management

11:29 Nucor's Management Model and Success

13:01 Empowerment and Reward Systems at Nucor

16:35 Coordination and Trust at Nucor

27:25 Humanocracy Traits and Nucor's Approach

42:30 The Evolutionary Process in Organizations

43:18 Avoiding Over-Specialization in the Workforce

45:04 The Role of AI in Modern Employment

47:01 Haier's Unique Management Model

52:33 Micro-Enterprises and Market Discipline

58:47 Ecosystem Micro Communities at Haier

01:01:14 Entrepreneurship and Ownership at Haier

01:12:42 The Downfall of Intel: A Case Study

01:23:11 Conclusion and Future Discussions

#GaryHamel #Humanocracy #InnovationShow #FutureOfWork #OrganizationalChange #PostBureaucracy #Haier #Nucor #AidanMcCullen #FlatOrganizations #StrategyExecution #RadicalManagement