Innovation is humanity's ability to adapt to change :: Alex Goryachev

What is Innovation?

Alex Goryachev is the former managing director of Cisco’s global Co-Innovation Center, where he spearheaded programs and initiatives to accelerate innovation. He is a Silicon Valley veteran who is a sought-after speaker on innovation and is often referred to as the ‘innovation therapist’. This episode dives into innovation's role as the natural enemy of bureaucracy and how constrained environments stifle innovation.

More about our guest:

Over the past 20 years, Alex made it his business to turn disruptive concepts into successful ecosystem-centric business models. He has an extensive track record of building and leading global cross-industry business & technology teams focused on revenue and market share growth, increasing customer acquisition and profitability through new digital products and offerings.
Alex is passionate about leveraging innovation purposefully and pragmatically to create opportunities for all. Today, he is serving as Innovator-in-Residence at the Center for Entrepreneurship and Innovation, Tulane University. He is an active venture partner with Interlock Capital, a community-driven venture fund primarily investing in underrepresented founders and geographies. Alex is also a US delegate and Technical Advisory Group member in the International Standards Association (ISO), defining global common standards for Innovation Management.

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Episode Guide:

1:01 - What is Innovation?

2:21 - Innovation: playful pragmatism

4:50 - Bureaucracy vs Innovation

7:06 - Ability in adapting to change

8:50 - What isn't innovation?

10:25 - Conflations and implications: Idea and Innovation ; Invention and Innovation

12:20 - Quantifying Innovation and Metrics

16:10 - Innovation Indicator: 'Spent'

17:29 - Employee Sentiment Metrics

19:43 - Innovation: Shaping Careers

21:24 - Life outside Work

22:38 - Advice to Innovators

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Resources Mentioned:

• Company: Best Places to Work Rankings: 'World’s Best Workplaces™ 2022'
• Company: Napster

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