• E691 - Nick Jain- How to Foster a Culture of Innovation in Your Organization

  • Feb 11 2025
  • Length: 35 mins
  • Podcast

E691 - Nick Jain- How to Foster a Culture of Innovation in Your Organization

  • Summary

  • Today, we have a truly insightful conversation lined up that will challenge you to rethink how you approach progress in your business.

    Our guest is Nick Jain, the CEO of IdeaScale - the largest innovation software company serving clients like Pfizer, Comcast, and the US Postal Service. With an MBA from Harvard Business School, Nick has a unique perspective on what it takes to foster a culture of innovation, even within large, established organizations.

    Nick pulls back the curtain on his time at the prestigious business school, revealing some surprising shortcomings in their approach to developing true leadership skills. But it's his framework for driving innovation - centered on the right people, culture, and tools - that will really get your entrepreneurial juices flowing.

    Prepare to be inspired and armed with practical tips you can implement today to make your organization more agile, adaptive, and ahead of the curve. Let's dive in. Where to reach our Guest

    www.ideascale.com
    https://www.linkedin.com/in/nickjain/ 3 Hacks to take away

    1. The importance of having the right people, culture, and tools to drive successful innovation efforts. Nick Jain uses the analogy of a three-legged stool to emphasize that all three elements are critical.

    2. Smaller organizations have an advantage when it comes to fostering innovation due to their flexibility, nimbleness, and lack of entrenched traditions.

    3. Nick Jain's critique of his Harvard Business School education, noting that it sometimes taught practices that were proven to be ineffective, and the importance of developing hard skills as a leader beyond just soft skills.

    Want to be a guest on Hacks and Hobbies - Passion to Profit Stories? Send Junaid Ahmed a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/hacksandhobbies⁠⁠⁠⁠⁠⁠⁠http://hacksandhobbies.com/booking.

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