The New P&L speaks to Innovation Expert, Tendayi Viki

Presented by

Paul Spiers, Founder, The New P&L - Principles & Leadership in Business Podcast series

About this talk

A focused and passionate commitment to innovation has to be one of the prevailing themes that drives all businesses. If you fail to continually focus on genuine innovation – in your creative thinking, in your people, your processes, your products; over time in the inevitable will come to pass – declining revenues, irrelevant products, disillusioned employees and leaders, frustrated shareholders. It’s ironic then that something so critical to business is also so misinterpreted, misunderstood and so often misaligned with the businesses it is there to serve. This week, The New P&L – Principles & Leadership in Business podcast series speaks to the innovation powerhouse that is Tendayi Viki. Author of ‘Pirates in the Navy’ and Associate Partner at Strategyzer, Tendayi has helped some of the biggest and most successful global brands to reinvigorate and realign the principles that define their corporate innovation. We discuss with Tendayi how to address the issue that many corporate innovation labs are not fit for purpose when it comes to the demands placed upon them; how you can determine a company’s true commitment to innovation by the reporting structure that exists between the Lab and the CEO; and how unspoken expectations and assumptions within senior management about both the role and the output of a corporate innovation lab can set it up for failure before it has even begun. www.strategyzer.com/ www.principlesandleadership.com
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We believe business needs a ‘New P&L’: one that is focused as much on ‘Principles and Leadership’ as it is on ‘Profit and Loss’, because we know that if your Principles are right and aligned with your purpose, and your Leadership has clarity of vision and is strong, focused and empathetic, then your business will be in profit and not in loss in so many ways. Each week on The New P&L podcast, we interview a diverse range of entrepreneurs, business leaders and social impact investors on their views and opinions on the importance of Principles and Leadership in business, discussing how we can all work towards building more ethical, productive, collaborative and ultimately, successful and principled businesses - ones that encourage great, inspirational leaders and motivated teams. www.principlesandleadership.com