The Committed Innovator

Innovation in a not-for-profit context involves measuring success in terms of returns on mission, rather than returns to shareholders. In this episode of The Committed Innovator podcast, McKinsey innovation expert Erik Roth talks with Sajit Joseph, the chief innovation officer of the American Red Cross, about how the 142-year-old institution began and carries out its innovation journey. Explore other episodes of The Committed Innovator: https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/inside-the-strategy-room-podcast/innovation See www.mckinsey.com/privacy-policy for privacy information

In this episode of The Committed Innovator, Major League Baseball’s Chief Operating and Strategy Officer Chris Marinak speaks with McKinsey innovation leader Erik Roth about how the league is using fan feedback, experimentation, and data to change a game steeped in tradition and culture to reach the next generation of fans. This season, MLB implemented rules changes that fundamentally altered the pace and action of the game and continues to embrace innovation and technology to improve the game and the overall fan experience. https://www.mckinsey.com/capabilities/strategy-and-corporate-finance/our-insights/inside-the-strategy-room-podcast/innovation See www.mckinsey.com/privacy-policy for privacy information

The e-commerce platform’s president, Harley Finkelstein, talks about the changing online retailing landscape. Even e-commerce platforms that help disrupt retail need to keep innovating. In this episode of The Committed Innovator podcast, McKinsey innovation expert Erik Roth talks with Shopify president Harley Finkelstein about how his company keeps the creativity flowing. See www.mckinsey.com/privacy-policy for privacy information

PepsiCo design chief Mauro Porcini talks about the role of humanity and authenticity in driving innovation. Innovation requires commitment. In this episode of The Committed Innovator podcast, McKinsey innovation expert Erik Roth talks with PepsiCo senior vice president and chief design officer Mauro Porcini about how design thinking can help create that commitment and free people to innovate. Mauro's recently published book, The Human Side of Innovation: The Power of People in Love with People describes the power of design to drive sustainable and inclusive growth by unleashing people’s natural innovative tendencies. See www.mckinsey.com/privacy-policy for privacy information

Successful innovators tend to follow certain practices. In this episode of The Committed Innovator podcast, McKinsey innovation expert Erik Roth talks with our global Strategy & Corporate Finance Practice communications director, Sean Brown, about the building blocks of innovation and how they help drive sustainable and inclusive growth. See www.mckinsey.com/privacy-policy for privacy information

Corporate innovators often turn to Israel and its vibrant start-up ecosystem to meet their goals. In this episode of The Committed Innovator podcast, we continue our series on Israel, talking with innovators from three large organizations about how they approach their relations with start-ups. Roi Bar-Kat is head of Intel Capital in Israel, Neta-Li Meiri is chief of global tech innovation for the Israeli food company Strauss Group, and David Schwartz is vice president of tech innovation for PepsiCo Labs. They spoke with innovation leader and McKinsey senior partner Erik Roth about the intersection of corporate innovation and start-up lead innovation, and how the two functions can support each other. See www.mckinsey.com/privacy-policy for privacy information

Israel’s start-up ecosystem is already a powerhouse—how can the country continue to scale it up? This episode of The Committed Innovator podcast is the second in a series on Israel’s vibrant start-up scene, and a continuation of McKinsey innovation leader Erik Roth’s conversation with Avi Hasson and Chemi Peres. Hasson leads a not-for-profit, Startup Nation Central, that promotes Israel’s start-up sector, while Peres leads a venture capital firm, Pitango, and a not-for-profit, The Peres Center for Peace and Innovation, that promotes peace and innovation which was started by Chemi’s father, Shimon Peres, the former prime minister of Israel. See www.mckinsey.com/privacy-policy for privacy information

Two leaders of the world’s third-largest start-up ecosystem discuss how the tiny Middle Eastern country grows and supports a culture of innovation Despite its small domestic market, Israel has managed to build a vibrant start-up scene that competes with those of much larger countries. In this episode of The Committed Innovator podcast, two leaders of Israel’s innovation culture, Avi Hasson and Chemi Peres, talk with McKinsey’s innovation leader Erik Roth in this first in a series of episodes on innovation in Israel. Hasson leads a not-for-profit, Startup Nation Central, that promotes Israel’s start-up sector, while Peres leads a venture capital firm, Pitango, and a not-for-profit, The Peres Center for Peace and Innovation, that promotes peace and innovation which was started by Chemi’s father, Shimon Peres, the former prime minister of Israel. See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 26:47) > Singapore-based DBS Bank is known for having transformed itself from a local bank to a global leader and winner of multiple “best bank” titles. The bank has continued its evolution by focusing on digital transformation and building new digital products. DBS’s group head of strategy and planning is Han Kwee Juan. In this episode of the Committed Innovator podcast, Kwee Juan talks with McKinsey’s innovation leader Erik Roth about building a company culture that enables and promotes innovation.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 27:13) > Pradyumna Agrawal is managing director for blockchain and venture building at Temasek, and as such is very active in searching out new use cases for blockchain and forming partnerships that can help bring products for this to market. In this episode of the Committed Innovator podcast, Prady talks with McKinsey’s innovation leader Erik Roth about how he approaches his work bringing blockchain-based companies to market.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 30:33) > Disruptive food start-ups have increasingly grabbed headlines and the attention of large consumer packaged goods (CPG) companies. The plant-based keto snack company Keho is continuing this trend by offering its savory “real food” bites to a health-conscious market that includes athletes at one end of a spectrum, and people looking to resolve health problems with diet change on the other. Keho founder and McKinsey adviser Tekla Back has long been a food and keto enthusiast, and started the company after leaving her role at PepsiCo as senior vice president for corporate strategy, where she helped lead the company’s transition to healthier products.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 49:49) > Companies looking to bring breakthrough innovations to life need the right organizational structures and incentives in place. In his book Loonshots: How to Nurture the Crazy Ideas That Win Wars, Cure Diseases, and Transform Industries (St. Martin’s Press, March 2019), Safi Bahcall, a former biotech CEO who now helps organizations innovate, explains what that requires. In this episode, he talks with Erik Roth, leader of McKinsey’s innovation work globally, about why some great ideas changed the world and others failed to take off.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 30:02) > The COVID-19 pandemic forced the National Basketball Association (NBA) to develop new ways to engage with fans. Amy Brooks is the NBA’s first chief innovation officer. She oversees innovation initiatives across four leagues—the NBA, the Women’s National Basketball Association (WNBA), the NBA G League (minor league), and the esports NBA 2K League—and has used the difficulties of the pandemic as an opportunity to experiment. In this episode of our Committed Innovator series, she shares with McKinsey’s innovation leader Erik Roth her organization’s numerous new projects that have spurred growth despite unprecedented constraints around live games.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 33:21) > As the global leader of GS Accelerate, Goldman Sachs’ internal incubator that identifies, invests in, and develops new businesses, Tanya Baker has been instrumental in helping the financial services giant establish sustainable innovation capabilities. In this episode of the Committed Innovator series, Baker shares her experience evolving the program and fostering entrepreneurial ventures within the firm. Tanya spoke with Erik Roth, who leads McKinsey’s innovation work globally.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 26:15) > An innovation strategy has to be backed with resources and patient follow-through, says Peter Kjellberg, the guest on this episode of The Committed Innovator podcast. In a conversation with Erik Roth, who leads McKinsey’s innovation work globally, the chief marketing officer for the Swedish maker of products for mobile and outdoor living and the home, describes how Dometic Group seized the recent rapid growth in food and beverage delivery to create new products for the industry and consumers.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 45:01) > In today’s episode, Erik Roth, who leads our innovation work globally, discusses innovation in the context of developing markets with Ireena Vittal. Ireena has spent 30 years helping both multinationals and start-ups grow their businesses, especially in emerging economies. Today, she is one of India’s top advisers on innovation and growth, serving on the boards of some of the country’s largest institutions and assisting governments on issues related to urbanization and agriculture.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 32:37) > This episode explores innovation in the agriculture sector. Erik Roth, leader of McKinsey’s innovation work globally, talks with Neal Gutterson, who recently retired as CTO of agricultural chemical and seed company Corteva. Gutterson explains the transformation he led following a spinoff from DowDuPont to bring together disparate R&D organizations into one cohesive engine of innovation.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 32:11) > In this episode, Erik Roth, who leads McKinsey’s innovation work globally, talks with Anjali Sud, CEO of Vimeo, about her experience reinventing the online video platform’s business model. It is the fifth episode in our ongoing series, which features interviews with leading innovators across a range of sectors.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 23:53) > In this episode Simon Mulcahy, Salesforce’s executive vice president and chief innovation officer, discusses the ways the COVID-19 crisis has reshaped the sales function, and how Salesforce orchestrates innovation inside the company and with customers.See www.mckinsey.com/privacy-policy for privacy information

Read more > Listen to the podcast (duration: 28:24) > Nigel Hughes, head of R&D and Innovation at Kellogg Company, speaks with Stacey Haas, who heads up McKinsey’s Consumer Innovation practice, and Erik Roth, who leads McKinsey’s innovation work globally. Hear Nigel’s perspective on the evolution of the CPG industry’s approach to innovation and how Kellogg itself is being solution-based and partnering with other organizations in its pursuit of growthSee www.mckinsey.com/privacy-policy for privacy information