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Rita McGrath, Alex Osterwalder and Ryan Shanks - The Future of Consulting in an Age of Ai

The Innovation Show

Release Date: 11/27/2024

The Legal Boundaries of User Innovation and Patents with Prof. Andrew Torrance show art The Legal Boundaries of User Innovation and Patents with Prof. Andrew Torrance

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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Gary Hamel - Leading the Revolution Part 3 Be Your Own Seer show art Gary Hamel - Leading the Revolution Part 3 Be Your Own Seer

The Innovation Show

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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Gary Hamel: Leading the Revolution Part 2  Business Concept Innovation show art Gary Hamel: Leading the Revolution Part 2 Business Concept Innovation

The Innovation Show

In this episode of the Innovation Show, we dive into Chapter 3 of Gary Hamel's influential book, 'Leading the Revolution.' Gary, one of the early proponents of business model generation, discusses the concept of Business Concept Innovation and how it has reshaped industries over the years. We explore examples of companies like Dell and Apple, which have successfully implemented innovative business models, and we delve into the components of business model innovation, including customer interaction, strategies, and value networks. Gary also shares his insights on overcoming organizational...

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Gary Hamel - Leading the Revolution Part 1 show art Gary Hamel - Leading the Revolution Part 1

The Innovation Show

Gary Hamel on Leading the Revolution Part 1   In this episode, renowned business thinker Gary Hamel discusses his book 'Leading the Revolution' with Aidan McCullen, offering an innovative action plan for companies or individuals aiming to stay ahead of the industry. Drawing on successful examples from companies like Charles Schwab, Virgin, GE Capital, and profiling innovators like Ken Kutaragi of Sony PlayStation, Hamel shares how to grow and innovate amidst market chaos. He explores the origin of revolutionary business concepts, key criteria for building activist-friendly and...

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Gary Hamel - Competence Based Competition show art Gary Hamel - Competence Based Competition

The Innovation Show

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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Pedro Oliveira: User Innovation in Healthcare show art Pedro Oliveira: User Innovation in Healthcare

The Innovation Show

Pedro Oliveira: User Innovation in Healthcare   Welcome to a new series inspired by Eric Von Hippel, and sponsored by Wazoku. In today's episode, we are joined by Professor Pedro Oliveira, founder and president of Patient Innovation, to explore the role of patients and caregivers in developing new medical products and services. Discover remarkable stories of user-generated medical innovations, such as Tal Golesworthy's life-saving aortic support and Louis Plante's innovative lung-clearing device. Learn how Patient Innovation is helping to bring these solutions to market through a...

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Gary Hamel - Competing For The Future Part 2 show art Gary Hamel - Competing For The Future Part 2

The Innovation Show

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 show art Gary Hamel Part 1: Competing for the Future 1

The Innovation Show

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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Paul Nunes and Ian Morrison (R.I.P.) - Navigating Second Curves show art Paul Nunes and Ian Morrison (R.I.P.) - Navigating Second Curves

The Innovation Show

To Ian Morrison, Rest in Peace.   In this inaugural episode of 'Innovation Show X,' host Aidan McCullen is joined by renowned guests Ian Morrison and Paul Nunes to discuss navigating the complex landscape of innovation. They explore key concepts from their influential books, 'The Second Curve' and 'Jumping the S-Curve,' providing insights into managing transitions in business, the challenges of risk and asset allocation, and how companies can sustain high performance over time.    The episode also pays tribute to the late Ian Morrison for his contributions to thought leadership...

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Henry Mintzberg - Bedtime Stories for Managers show art Henry Mintzberg - Bedtime Stories for Managers

The Innovation Show

Henry Mintzberg - Bedtime Stories for Managers   In this episode, our guest is Henry Mintzberg, celebrated management thinker and author of 'Bedtime Stories for Managers.' We explore key themes from his 20th book, which is a collection of insightful essays from his widely read blog. Henry discusses the importance of managers getting out of their lofty offices to truly understand their organizations, the myth of the managerial 'maestro,' and the dangers of over-reliance on hard data. We also delve into the pitfalls of MBA programs, short-term strategy thinking, and the importance of...

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More Episodes

AI 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