In this episode, Andy Binns, co-founder and Director of Change Logic, and an award-winning author who publishes articles on innovation strategy and execution in established firms is joined by an additional guest, Ellie Amirnasr, director of digital ventures at MANN+HUMMEL, who was a chapter author, alongside Andy, of Corporate Explorer Fieldbook: How to Build New Ventures In Established Companies.

Their work with this just-released 2023 book brings to the forefront the corporate explorer: the individuals within your organization that have the prowess to lead innovation. In this episode, we delve deep into these pioneers brimming with new ideas.

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In this episode, they share:

• What is a corporate explorer, and why are they so advantageous to your organization?
• How you as a leader can create a culture that paves the path for success for corporate explorers to innovate
• The recipe and ingredients that spark innovation within an organization
• and the distinct stages of innovation projects, and what metrics to consider when deciding to continue funding a project at each stage

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Episode Timeline:

00:00—Highlight from today's episode

1:18—Introducing Andy & Ellie + The topic of today’s episode

2:34—If you really know me, you know that...

5:33—What is your definition of strategy?

8:30—Could you talk to us about your organization, qlair?

9:52—Could you define a "corporate explorer" for us?

11:20—What are some of the aspects that an organization needs to have in place to enable corporate explorers?

13:59—What are some shifts that leaders need to make to allow for corporate explorers?

17:53—Could you lead us through the stages of a new venture and how it relates to decision-making and funding?

26:44—What is the mechanism that makes it more likely to be successful if you state your goals and metrics at the beginning?

29:13—What is the biggest mistake you see corporate explorers make that you could advise them on?

31:14—How can people follow you and connect with you to continue learning from you?

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Additional Resources:

Book Website: https://www.thecorporateexplorer.com/

LinkedIn: Ellie Amirnasr, Andy Binns