In this episode, we dive into the critical elements of building high-performing innovation teams.

We explore the concept of "failing fast," emphasizing the importance of rapidly moving from initial ideation to identifying flawed concepts.

We discuss how shrinking the time between "brilliant idea" and "this is so stupid" is a key differentiator of top-performing teams.

The conversation highlights the significance of creating a transparent and trusting environment where team members feel comfortable sharing ideas, regardless of their position within the hierarchy. We stress that there are no stupid questions and that open communication is essential for effective collaboration.

The podcast explores the challenges of implementing innovation within enterprises, including the dangers of focusing on slogans rather than true cultural change. We discuss how innovation should be integrated into every aspect of the business, rather than being confined to a separate "innovation lab."Finally, the discussion covers the impact of large language models (LLMs) on innovation. We suggest that LLMs can empower employees to generate and refine ideas more effectively, but also emphasize the need for robust systems to capture and evaluate these ideas.