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Ep. 266 - David Schonthal, Professor at Northwestern University & Coauthor of The Human Element on Gaining Traction with New Ideas

Ep. 266 - David Schonthal, Professor at Northwestern University & Coauthor of The Human Element on Gaining Traction with New Ideas

FromInside Outside Innovation


Ep. 266 - David Schonthal, Professor at Northwestern University & Coauthor of The Human Element on Gaining Traction with New Ideas

FromInside Outside Innovation

ratings:
Length:
20 minutes
Released:
Sep 28, 2021
Format:
Podcast episode

Description

On this week's episode of Inside Outside Innovation, we sit down with David Schonthal, Clinical Professor and Director of Entrepreneurship Programs at the Kellogg School of Management and Coauthor of the new book, The Human Element: Overcoming the Resistance That Awaits New Ideas. David and I talk about what keeps ideas from gaining traction and what you can do to avoid friction and resistance to new ideas. Let's get started.Inside Outside Innovation is the podcast to help new innovators navigate what's next. Each week, we'll give you a front row seat to what it takes to learn, grow, and thrive in today's world of accelerating change and uncertainty. Join us as we explore, engage, and experiment with the best and the brightest innovators, entrepreneurs, and pioneering businesses. It's time to get started.Interview Transcript with David Schonthal, Clinical Professor and Director of Entrepreneurship Programs at Northwestern University and Coauthor of The Human ElementBrian Ardinger: Welcome to another episode of Inside Outside Innovation, I'm your host, Brian Ardinger. And as always, we have another amazing guest. Today, we have David Schonthal. He is a Clinical Professor and Director of Entrepreneurship Programs at Northwestern University and Coauthor of the new book, The Human Element: Overcoming the Resistance that Awaits New Ideas. Welcome to the show, David. David Schonthal: Thanks, Brian. Nice to be here. Brian Ardinger: Hey, I'm excited to have you here. You have spent a lot of your career thinking about and watching what it takes to make new ideas happen. You've spent time at IDEO. You were co-founder of Matter, which is that 25,000 square foot innovation center in Chicago. Has some venture capital experience and that. And I thought we could start by telling the audience how you got into the innovation space in the first place. David Schonthal: By accident is the answer. It's sort of a long story, but I wound up becoming the COO of a medical device company in San Diego, California based on a radical shift from what I was doing before, which is tax software in London. To make a long story short, one of my former bosses called me up when I was just at my lowest point with tax and the UK, no offense to the UK, but it was winter, and it was like dark 18 hours out of the day. And he called me up and all of a sudden, I just, all I remember is him saying, yada, yada, yada San Diego, yada yada, yada. I was like, oh please.He's like, would you like to know what the business is? I was like, no, not important. So, I wound up going and being the head of operations for an early stage medical device company. And then basically from that point forward was just bit with the bug around bringing new ideas to market either in the startup space, through entrepreneurship or venture capital or in the corporate space through design and innovation.Brian Ardinger: And you've got a new book called the Human Element. I would imagine it packs a lot about the things that you've learned over that career. Since you've spent a lot of time seeing how early ideas get traction or not, what is the most striking problem that you see most people making when it comes to kicking off an idea?David Schonthal: I think maybe the best place to start is by most innovators and entrepreneurs’ instinct that the idea is the thing that needs to be addressed. So, if a new product or service or strategy isn't being adopted by the market, most innovators instincts says well, let's make the product a little better. Let's change the way we talk about it. Let's drop the price. Let's promote it differently. And they make the thing or the strategy or the movement, the center of their attention. And in the course of my career, I've worked on some really amazing, I mean, some terrible, but also some really amazing innovations and products and services. And I was always surprised by how, even though clearly if these things were adopted into the market, they would make the world a b
Released:
Sep 28, 2021
Format:
Podcast episode

Titles in the series (100)

Inside Outside Innovation explores the ins and outs of innovation with raw stories, real insights, and tactical advice from the best and brightest in startups & corporate innovation. Each week we bring you the latest thinking on talent, technology, and the future of innovation. Join our community of movers, shakers, makers, founders, builders, and creators to help speed up your knowledge, skills, and network. Previous guests include thought leaders such as Brad Feld, Arlan Hamilton, Jason Calacanis, David Bland, Janice Fraser, and Diana Kander, plus insights from amazing companies including Nike, Cisco, ExxonMobil, Gatorade, Orlando Magic, GE, Samsung, and others. This podcast is available on all podcast platforms and InsideOutside.io. Sign up for the weekly innovation newsletter at http://bit.ly/ionewsletter. Follow Brian on Twitter at @ardinger or @theiopodcast or Email brian@insideoutside.io