Rita McGrath, Alex Osterwalder and Ryan Shanks - The Future of Consulting in an Age of Ai
Release Date: 11/27/2024
The Innovation Show
We welcome Prof. Andrew Torrance, distinguished Professor of Law at the University of Kansas and visiting scholar at MIT, to discuss the complex legal landscape surrounding user innovation and patents. The conversation delves into the freedom and challenges of product innovation, the balance between open and closed inventions, and the ethical implications of experimental treatments. They also explore the historical and ongoing impact of FDA regulations and the role of patents in fostering or hindering innovation. Sponsored by Wazoku, this episode is essential listening for innovators, legal...
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Welcome back to part three of 'Leading the Revolution' with the legendary Gary Hamel. In this episode of The Innovation Show, Gary and host Aiden dive deep into two key chapters from Gary's books, exploring the principle of learning to be your own seer and the critical distinction between imagination and prediction in innovation. They discuss the importance of psychological safety in fostering creativity within companies and why many organizations fail to imagine the future. Gary shares his insights on developing foresight, the role of contrarianism in innovation, and the necessity of building...
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In this episode of The Innovation Show, host Aidan McCullen welcomes back esteemed guest Gary Hamel, celebrated business strategist and co-author of the revolutionary article on core competencies. They dive deep into the concept of competence-based competition, discussing the origins, importance, and modern applications of core competencies. Gary shares insights from his extensive work alongside CK Prahalad and reflects on how their ideas shaped corporate strategy. Using historical and contemporary examples, including Tesla and HAIER, they explore how focusing on deep skills can lead to...
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The Future of Foresight & Innovation: Insights with Gary Hamel | The Innovation Show In this episode, we have the pleasure of welcoming back Gary Hamel, a leading expert in business strategy and management. Host Aidan McCullen and Gary Hamel dive deep into the concept of foresight, stressing the importance of understanding broad themes and emerging trends to guide companies toward future opportunities. They discuss companies' common blind spots and failures in anticipating the future, as well as ways to leverage resources effectively. Gary shares insights on the necessity of...
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Gary Hamel Part 1: Competing for the Future 1 In this episode of the Innovation Show, renowned management thinker Gary Hamel discusses his extensive work in the field of organizational transformation and innovation. Reflecting on his early experiences at the University of Michigan and the London Business School, Hamel shares insights into the impact of foreign competition on American businesses in the late 1970s, and the critical importance of foresight and humility for executives. He delves into his consulting work with companies like Nokia and Apple, emphasizing the need for open...
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info_outlineAI Transforming Consulting: Strategies, Ethics, and the Future
The world of consulting is experiencing a seismic shift, largely driven by AI. In this episode, we are joined by Ryan Shanks (Head of Innovation for Accenture EMEA), Alex Osterwalder (CEO of Strategyzer), and Rita McGrath (Columbia Professor, Author and Founder of Valize). They discuss the traditional consulting model, the impact AI has on roles within consulting, and the broader implications on the industry and society. They also delve into the importance of human skills, the evolving business models, the significance of trust in digital transformation, and the shifting landscape of organizational structures and career paths. A must-watch for anyone involved in or interested in the consulting sector.
00:00 Introduction to the Changing World of Consulting
00:40 Traditional Consulting Models and Their Evolution
02:01 Impact of AI on Consulting Roles
02:28 Building and Hiring in the New Consulting Landscape
03:23 AI's Role in Transforming Business Models
05:18 Real-World Examples of AI Integration
14:09 The Need for Continuous Reinvention
18:28 Outcome-Based Consulting and Ethical Dilemmas
24:46 Future of Consulting: Marketplaces and Ecosystems
26:35 The Rise of Small AI-Driven Firms
27:23 Impact on Education and Hiring
28:35 Human Skills in the Age of AI
30:22 Trust and Ethics in AI
31:36 Adapting to Rapid Change
32:53 The Role of Human Sciences
36:09 The Future of Work and AI
43:16 Leadership and Governance Challenges
46:10 Final Thoughts and Reflections
Find Rita: https://www.valize.com
Find Alex: https://www.strategyzer.com
Find Ryan: https://ie.linkedin.com/in/ryanmartinshanks
Find The Reinvention Summit: https://www.thereinventionsummit.com
Innovation, AI, Consulting, Business Strategy, Digital Transformation, Reinvention, Change Management, Future of Work, Organisational Culture, Emerging Trends, Rita McGrath, Alex Osterwalder, Ryan Shanks, Strategic Inflection Points, Ecosystem Thinking, Entrepreneurship, Human-Centric Design, Technology Disruption, Leadership, Continuous Reinvention