Innovate or Die
"Every big organisation has a tendency to become bureaucratic. So if you look at this as an abnormal process, then you’re wrong. You should look at it as a normal process and you have to fight it constantly." – Daniel Vasella, CEO Novartis
Mel Kamarzin, CEO of Sirius Radio believes “there is no punishment that goes for taking a chance, making a decision”. Yet too often firms don’t take the steps really required to innovate because they want to protect their existing offerings. They seal their fate by doing just enough to get by. Fear of changing the status quo can be paralysing but if you are not moving forward and innovating in today’s challenging economic environment, it’s worse than standing still. You’re effectively moving backwards.
Innovation isn’t some big bang thing. It’s something that people do every day by challenging the system.
So how can organisations avoid complacency and turn fear into a catalyst for innovation? Innovation expert Keith Yamashita says a systemic approach is required. “Innovation isn’t some big bang thing. It’s something that people do every day by challenging the system.”. That means accepting that there is something to lose by changing the status quo, but even more to lose from doing nothing. Successful firms are constantly evolving and Episode 2 delves into the survival strategies used by companies at the frontline of the innovation battle.
Featuring Guests:
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Mel Karmazin |
CEO of Sirius Satellite Radio |
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Antonio Perez |
Chairman & CEO Kodak |
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Yong Nam |
Vice Chairman & CEO of LG Electronics |
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Dr. Daniel Vasella |
Chairman & CEO, Novartis |
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Dr. Jonathan Lord |
SVP & Chief Innovation Officer, Humana |
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Esko Aho |
Former Prime Minister of Finland |
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Randy Komisar |
Partner, Kleiner Perkins |
Viewer comments
Wednesday 11 June 2008
The former Finnish Prime Minister appears to have excellent insight.
Your program is an interesting attempt to bring attention to an incredibly important subject matter.
I don't feel for a moment that capitalism as presently constructed welcomes innovation.
The system stifles innovation. T McDonagh San Francisco
Wednesday 11 June 2008
Terrible show. Maria cut off the guests so that they added no value as they didn't get to say anything. She made obviously pre-written summaries that didn't reflect anything discussed. Absolutely the worst show I've ever seen on CNBC.
T Kincl Sudbury, MA
Wednesday 11 June 2008
Very good idea on the series. Disapppointed on lack of depth and short time allocated to such great and innovative concepts. V Shah Coopersburg, PA
Wednesday 11 June 2008