The Innovation Show

In this episode, Peter Compo delves into the emergent approach to strategy and discusses the limitations of traditional frameworks using aspirations, plans, and metrics alone. He further discusses the concept of 'killer problems' in innovation and emphasises the importance of a central rule that provides real-time guidance, unifies decisions, and allows for free choice. Complex examples from business and military strategy illustrate how granularization and over-specification can lead to failure, whereas centralized, low-level constraints help create coherence and foster creativity. Peter also explores nested systems and the necessity of having individual strategies for different segments within an organization.   00:00 Introduction and Overview 00:25 Limitations of Aspirations, Plans, and Metrics 01:12 The Killer Problems of Change and Innovation 03:04 Framework Components and Their Shortcomings 05:25 The Power of Central Rules 06:45 Challenges in Digital Transformation 10:27 Local vs Global Strategy 13: