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Bill Murphy's RedZone Podcast | World Class IT Security

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Now displaying: January, 2020
Jan 24, 2020

Today I have a great interview with Dr. Jonas Ridderstråle from Sweden. He's one of the world's most influential and respected business thinkers and speakers. Since bursting onto the international scene with the bestselling book Funky Business in 2000, Jonas has remained at the forefront of the new generation of management thinkers.

In 2014, the Global Top 30 Management Gurus ranking put him at number 23 worldwide and among the top five in Europe. He has a PhD in International Business and an MBA. His most recent book, published in 2017 is called, Fast/Forward: Make Your Company Fit for the Future, and was co-authored with Julian Birkinshaw.

So with that, I want to introduce you to my wonderful conversation with Jonas Ridderstråle.

Here are some of things that you will learn in this podcast episode.

  • How can you reward failure using an MSU Award?
  • How can you de-risk failure and fear in your company?
  • As the title suggests, What is the last competitive advantage for humans?'
  • Two methods for increasing your ability to handle paradox.
  • Why are Nobel prizes now awarded to teams vs. super humans?
  • How you can re-energize your company with ideas.
  • As humans become more like Homer Simpson, how can you respond and help your colleagues as well.
  • Why you need more lovers, mistresses and promiscuity in your business and it's not what you might think.
  • Why is planning done + over'?
  • How to learn when exponential growth is real and daunting.
  • How are Paradoxical Thinking and the Paradoxical Point-of-View instrumental in sharpening our understanding of the big challenges companies face today?
  • How exponential growth at a social level can lead to more ignorance on an individual level.

Ways to connect with Dr. Jonas Ridderstråle:

Books Published:

Fast/Forward: Make Your Company Fit for the Future by Julian Birkinshaw and Jonas Ridderstråle | 1 Apr 2017

Re-energizing the Corporation: How Leaders Make Change Happen by Jonas Ridderstråle and Mark Wilcox, 15 Apr 2008.

Funky Business Forever: How to Enjoy Capitalism (Financial Times Series), by Kjell Nordstrom and Jonas Ridderstråle, 4 Oct 2007.

Karaoke Capitalism: Managing for Mankind by Kjell Nordstrom and Jonas Ridderstråle | 8 Jan 2004

Funky Business: Talent Makes Capital Dance, by Jonas Ridderstrale, Kjell Nordström, et al. | Mar 29, 2000

This episode is sponsored by the CIO Innovation Forum, dedicated to Business Digital Leaders who want to be a part of 20% of the planet and help their businesses win with innovation and transformation.

I hope you enjoyed this interview with Dr. Jonas Ridderstråle. You can go to the show notes to read the details of what we discussed in this episode.

About Bill Murphy

Bill Murphy is a world renowned IT Security Expert dedicated to your success as an IT business leader.

If you are interested in learning more about my company, RedZone Technologies, and our security expertise, in particular related to Cloud and Email Security Kill Chain Strategy, Techniques and Tactics you can email cloudkill@redzonetech.net.  

Follow Bill on LinkedIn and Twitter.

Credits

Music provided by Ben’s Sound: http://www.bensound.com/

Other Ways to Listen to the Podcast:

                iTunes | Libsyn | Soundcloud | RSS | LinkedIn   

Jan 17, 2020

Deepa Prahalad is an author and an innovation consultant. She has worked with startups. She's worked with large multinationals and co-authored the book Predictable Magic: Unleash The Power of Design Strategy To Transform Your Business, which was selected by Fast Company as one of the best design books of the year. She's written for the Harvard Business Review, strategy and business; Business Week and was elected member of the International Academy of Management and is ranked number 34 on the inaugural Thinkers50 India list. I love Thinkers50, it's an amazing resource. Google it and you'll see what I mean. Just some of the best thinkers in the world are associated with that organization and she was recently selected by leadership guru, Marshall Goldsmith, into his “100 Coaches Program” from over 16,000 global applicants.

Rarefied air for sure. Deepa speaks on innovation and design strategy and mentors social entrepreneurs, and I might add social for-profit entrepreneurs and one of the organizations we talk about is ModRoof, an innovative sustainable roofing company in India. She has a BA in Economics and Political Science from the University of Michigan and an MBA from The Tuck School of Business at Dartmouth.

Here are the learning points you're going to get from listening to this conversation. Design is more than aesthetics. Most people think of design - as around the physical aspects of a product, but it's more than that, it's emotion. Then we talked about a story of how logistics can be impacted by looking at multiple disciplines. For example, we talk about a worldwide charity that delivers mosquito nets. They have a complete supply chain to delivers mosquito nets to populations that need to protect against malaria. Well, how is that similar to the US supply chain from a wood manufacturer, for example.

Asking those type of questions to develop similarities between problem solving. It's no longer enough to own your own corporate story. Customers have to help you tell the story. They have to tell the about your wins. The power of open-ended questions to build momentum around ideas and how it's not necessarily the idea, but the questions around the idea, where you build the momentum. I love this part that Deepa talks about. Information is no longer privileged, which is obvious, but next you are at the 10-yard line the imperative is to execute. If you've got access to the information and it's not privileged, now it's about execution.

Deepa talks about this other really great concept called the needs versus aspirations. If we're taking care of the needs, we've lifted a lot of folks out of poverty, billion out of poverty, but what are their aspirations? What are their aspirations moving forward as they climb the economic ladder? Asking that question and creating something takes optimism, versus when you need something. Deepa breaks that distinction down during the interview.

We talked about the hero's journey and the importance of emotion and the story that you're telling and that hero's journey. I also ask questions about nostalgia. How important is nostalgia? We talk about the ‘sweet spot’ between the past, the important past and the future. We look at how we develop that sweet spot that people love.

Finally, social entrepreneurship. With so many people coming online, the needs for large segments of the population to be served by entrepreneurs who want to bring products and services to those billions. How does that happen? How much does social entrepreneur think? It's a wide and varied conversation that you're going to love and I want introduce you now to my conversation with Deepa Prahalad.

Here are the learning points you're going to get from listening to this conversation.

  • Design is more than aesthetics, it's about emotion
  • How logistics of delivering mosquito nets worldwide to populations that need protection against malaria is similar to logistics of a U.S. supply chain.
  • Impact and the rising billions
  • It’s no longer enough to market solely with your own company story. You need the support of your customers telling their story about you, your product(s), and their experience with your company.
  • The power of open-ended questions to build momentum around ideas.
  • Information is no longer privileged. You are at the 10-yard line and the imperative is to execute.
  • Needs vs. aspirations with Innovation
  • Creating + Optimism vs. Needs
  • Hero’s journey and emotion.
  • Nostalgia the ‘sweet spot’ between the past and future.
  • Social entrepreneurship is for-profit, not free

Ways to connect with Deepa Prahalad: hello@deepaprahalad.com

Books:

Predictable Magic: Unleash the Power of Design Strategy to Transform Your Business, by Deepa Prahalad and Ravi Sawhney, pub. by Pearson Education, Inc., publishing as Prentice Hall, 2011.

I hope you enjoyed this interview with Deepa Prahalad. You can go to the show notes to read the details of what we discussed in this episode. You’ll find the show notes at redzonetech.net/podcasts

This episode is sponsored by the CIO Innovation Forum, dedicated to Business Digital Leaders who want to be a part of 20% of the planet and help their businesses win with innovation and transformation.

About Bill Murphy

Bill Murphy is a world renowned IT Security Expert dedicated to your success as an IT business leader.

If you are interested in learning more about my company, RedZone Technologies, and our security expertise, in particular related to Cloud and Email Security Kill Chain Strategy, Techniques and Tactics you can email cloudkill@redzonetech.net.  

Follow Bill on LinkedIn and Twitter.

Leave A Review

If you liked this episode, please share it with your LinkedIn community. Also, please consider leaving an iTunes review here, and for my droid listeners, on Stitcher. (Click here for instructions on how to leave an iTunes review if you’re doing this for the first time.)

Credits

Music provided by Ben’s Sound: http://www.bensound.com/

Other Ways to Listen to the Podcast:

                iTunes | Libsyn | Soundcloud | RSS | LinkedIn   

 

 

Jan 10, 2020

Today my guest is Rita McGrath. She is a best-selling author, sought-after speaker, and a longtime professor at Columbia Business School. She is widely recognized as a premier expert on strategy, innovation, entrepreneurship and growth during times of uncertainty.

Rita has received the #1 achievement award for strategy from the prestigious Thinkers50 and has been consistently named one of the world's Top 10 management thinkers in its bi-annual ranking. As a consultant to CEOs, her work has had a lasting impact on the strategy and growth programs of Fortune 500 companies worldwide.

Rita is a highly sought-after speaker at exclusive corporate events around the globe, such as the Global Peter Drucker Forum. She is also the author of several books, including the best-selling The End of Competitive Advantage (Harvard Business Review Press, 2013). Her new book is Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen (Houghton Mifflin Harcourt, 2019). She has written three other books, including Discovery Driven Growth, cited by Clayton Christensen as creating one of the most important management ideas ever developed.

She received her PhD from the Wharton School (University of Pennsylvania) and has degrees with honors from Barnard College and the Columbia School of International and Public Affairs.

Here are some of key items that you will learn in this podcast episode:

How did Walmart innovate in response to a resistant culture?
Some practical ideas about How to See Around Corners
Learn about the Red Box strategy that Adobe used
What is Rita's Superpower?
Personal inflection points and how to personally manage being an Innovation Leader
How retail will rebound, i.e. the story of Showfields.
What Rita means by Snow melts from the edge, and the imperative for leaders.
How innovation proficiency defangs an organization's anti-bodies

Books written by Rita McGrath:
- Seeing Around Corners: How to Spot Inflection Points in Business Before They Happen, by Rita McGrath. (Houghton Mifflin Harcourt, 2019)
- The End of Competitive Advantage: How to Keep Your Strategy Moving as Fast as Your Business (Harvard Business Review Press, 2013)
- Discovery-Driven Growth: A Breakthrough Process to Reduce Risk and Seize Opportunity by Rita McGrath. (Harvard Business School Publishing, 2009)
- Marketbusters: 40 Strategic Moves That Drive Exceptional Business Growth by Rita McGrath. (Harvard Business School Publishing, 2009)
- The Entrepreneurial Mindset: Strategies for Continuously Creating Opportunity in an Age of Uncertainty (President and Fellows of Harvard College, 2000.)

References:
- Why Do So Many Incompetent Men Become Leaders?: (And How to Fix It), by Tomas Chamorro-Premuzic. (Harvard Business Review Press, 2019)
- The Right It: Why So Many Ideas Fail and How to Make Sure Yours Succeed, by Alberto Savoia. (HarperOne, 2019)
- Amy C. Edmondson is an American scholar of leadership, teaming, and organizational learning who studies psychological safety in organizations and teams. Click on the link to see more from Wikipedia.
- acqui-hire: According to Wikipedia, acquihire is the process of acquiring a company primarily to recruit its employees, rather than its products or services. Click on the term for more details.
- The Chief Strategy Officer Playbook: How to Transform Strategies Into Great Results, Thinkers50 Books. You can download this as a pdf for free.




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