Innovation is an outcome :: Peter Compo

What is Innovation?

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 Compo
• Company: The Emergent Approach to Strategy: Adaptive Design & Execution

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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
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OUTLAST Consulting offers professional development and strategic advisory services in the areas of innovation and diversity management