Innovation is a system of change based on positive impact :: Tim Branham

What is Innovation?

Tim Branham, aka Timothy Branham Mr. Branham has served as Chief Strategy and Growth Officer for a healthcare services firm, Chief Technology Officer for a publicly traded automotive digital marketing company, and global CIO for a global information telecommunication services company. Through these experiences, he's had responsibility for hundreds of staff millions of dollars in P&L and was a key contributor to the company's bottom line.

More about our guest:

Tim helped start the Branham Advisors to fill a critical gap in the marketplace for executive advisory services. He is also a veteran of the United States Army, having served as an Airborne Ranger and the third battalion at Fort Benning, Georgia. He's an instructor and senior member of the World Martial Arts Federation, as well as an avid golfer, rock climber, and self defense expert.

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Episode Guide:

0:00 - Intro

1:25 - What Is Innovation?

2:45 - First element: Profits

4:37 - Harvesting the profit: non-systemic

6:40 - Innovation: A label or a skill

7:17 - Second element: Measurable

8:34 - Digital Innovation: Process and Structure vs Mindset

10:39 - "Keeping Up with the Joneses"

13:44 - Chief Transformation Officer: selection and effect to innovation

14:59 - Current rapid changes: a smarter approach

16:53 - What IS NOT innovation

19:39 - Bolt on approach

23:13 - Tech Debt: a sunk cost?

26:42 - Advice to innovators
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OUTLAST Consulting offers professional development and strategic advisory services in the areas of innovation and diversity management.