Innovation is an outcome :: Peter Compo

More about our guest: Peter Compo is the author of “The Emergent Approach to Strategy: Adaptive Design & Execution.” Unlike many strategy authors from universities and consulting firms, Compo’s professional experience was spent working in the “corporate trenches” at E. I. DuPont. Hired as a research scientist, he held leadership positions in product management, marketing, supply chain, business management, and integrated business planning. He left DuPont after 25 years to work full-time on developing the Emergent Approach. Dr. Compo hails from a multi-generational family of musicians. However, he went on to earn a Ph.D. in chemical engineering from the City University of New York before joining DuPont. His mission is to create a new level of clarity on strategy theory and practice to enable organizations in any domain to innovate and achieve their aspirations. Know more about him here:Peter CompoCompany: The Emergent Approach to Strategy: Adaptive Design & Execution ------------------------------------------------------------ Episode Guide: 0:00 - Intro 0:39 - What is Innovation?   4:00 - Evolution is Innovation 4:54 - Process to Innovation vs innovation process   6:25 - Innovation direction in biology 8:00 - Exploiting an Innovation Opportunity 10:41 - Innovation, Evolution, and Business inspirations 13:18 - Innovation and risk management in organizations 16:58 - Practical Questions in Innovation 19:38 - Answering the 5-10 year plan questions 21:17 - Innovation, music, creativity, and cliches 24:39 - Innovation, Jazz, and Discipline 28:28 - South Americas' Mercado Libre 34:02 - Consistency and alignment in group goals 36:11 - Advice to Innovators -------------------------- OUTLAST Consulting offers professional development and strategic advisory services in the areas of innovation and diversity management