SUMMARY

Global Leadership Podcast interviewer Jason Jaggard interviews innovation expert Dr. Vijay Govindarajan on how generative AI and datagraphs impacts organizational strategy, and how leaders can continue to innovate in a rapidly changing context.

IN THIS EPISODE:

-       How did VG’s grandfather influence his understanding of innovation?

-       What is the “Three Box Solution,” and how does it affect strategy and innovation?

-        What role does imagination play in innovation? 

-       What is the basic premise of “fusion strategy?”

-       What is the difference between “digitals” and “industrials”?

-       What is the basic meaning of the terms “datagraphs,” “digital twins” and “tripartite”? 

-       How do fusion strategy concepts translate from industrial and manufacturing sectors to social and/or service sectors?  

-       How willing does VG think people might be to volunteer their data in faith communities?

LISTEN

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STANDOUTS AND TAKEAWAYS

-       The only competition that matters is self-competition; self-competition is about achieving true potential; and to achieve true potential you have to innovate.

-       VG does not consider himself a professor; he is “in the impact business.”

-       The “Three Boxes”: (1) manage the present; (2) selectively abandon the past; and (3) create the future.

-       Companies think that they are “doing strategy” by working in Box 1, but strategy must also include the other two boxes.

-       While you must always work in all three boxes, all three boxes require different mindsets and capabilities.

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