S7 | Ep 14 | Why Innovation Is Built on Capability, Not Ideas with Pete Crouch, Group Innovation Director at Lloyds Banking Group
About this episode
The episode discusses the importance of building innovation capability over having the best ideas in the AI era.
In Episode 14 of Season 7 of Driven by Data: The Podcast, Kyle Winterbottom was joined by Peter Crouch, Group Innovation Director at Lloyds Banking Group, where they discuss why the organisations that thrive in the AI era won't necessarily be those with the best ideas, but those that build the strongest innovation capability, and how large enterprises can adopt startup thinking without compromising governance, risk or customer trust, which includes: • Why innovation capability matters more than individual ideas. • How solving the right problem is more important than solving the problem right. • Why large organisations should adopt startup principles to innovate faster and reduce risk. • How staged funding and rapid experimentation prevent costly investment in the wrong ideas. • Why innovation requires a completely different operating model from traditional delivery. • How regulated organisations can create space for experimentation without compromising governance or customer trust. • Why embedding innovation into the business creates greater impact than isolated innovation teams. • How portfolio thinking stops organisations falling in love with ideas too early. • Why modern…
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- S7 | Ep 15 | What the Organisations Turning AI Into Revenue Do That Others Don't with Vin Vashista, CEO/Founder of VSquared
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