Robert Wolcott is an innovation expert and early-stage venture investor with a robust background in economics and emerging technologies, as he reveals how digital transformation is reshaping business models. He explains how digital innovations compress capabilities to drive value creation precisely when and where it matters.

He also emphasizes the power of embracing small-scale experiments and managing the cost of learning as key drivers for sustainable growth. Discover how he has been at the forefront of digital transformation, empowering businesses to stay agile and competitive in today's fast-paced market. Watch now and learn to harness the future of innovation!

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Connect with Robert:
https://www.linkedin.com/in/robert-c-wolcott-4a624a/
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Chapters:
0:00 Intro
1:36 Digital Transformation and Proximity
5:11 On Demand Pharmaceuticals: A Technological Breakthrough
6:12 Fourth Grade Inspiration: The Birth of Innovation
7:18 The Relevance of Proximity for SMBs
8:19 Innovative Business Models and the Axon Example
10:36 Generative AI in Police Reporting at Axon
14:05 Learning from Product Feedback: The Taser Example
15:14 Ideation, Experimentation, and Managing the Cost of Learning
19:47 Leveraging Peripheral Interests for Innovation
20:11 Building Networks and Strategic Relationships
23:02 Investor Perspective
25:28 Advice for Big Companies
27:21 Navigating Company Dynamics
28:25 The Research Process Behind the Book
30:43 Collaborative Research and Expert Feedback
35:52 Changing Context for Professional Development
38:29 Introducing "Post-Virtual"
40:13 Investors and the Pace of Technological Change
43:30 The Impact of Rapid Technological Change
44:42 Screen Time Management
47:18 Outro

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