Ethan Karp, President and CEO of MAGNET sheds light on the different pillars of innovation and emphasizes the critical importance of people and talent in driving successful innovation. As a millennial CEO, Ethan also shares his insights on navigating the current work culture and leveraging the strengths of a diverse and dynamic team.
More about our guest:
Dr. Ethan Karp is an expert in transforming companies and communities. He’s a committed change-maker and community builder: Board Chair of the Cleveland/Cuyahoga County Workforce Development, and serves as a Director on the boards of; the American Small Manufacturers Coalition, the Cleveland Leadership Center, MidTown Cleveland, Inc., Cleveland Jewish Publication Company and the Jewish Education Center of Cleveland. Dr. Karp is a recognized thought leader on manufacturing issues and a frequent media commentator on the future of manufacturing in America. Prior to joining MAGNET in 2013, Dr. Karp worked with Fortune 500 companies at McKinsey & Co. He received undergraduate degrees in biochemistry and physics from Miami University and a Ph.D. in Chemical Biology from Harvard University. Dr. Karp lives in Cleveland with his wife and three young girls.
------------------------------------------------
Episode Guide:
1:46 - What is innovation?
5:07 - Four buckets of technology
6:53 - Technology and Innovation: The people (talent) side
8:52 - Technology and Innovation: The company side
9:57 - Technology and Innovation: Culture
11:50 - Assessing Risk Profiles
16:49 - Case Study: Giant Red Barn of Cleveland
20:35 - What isn't innovation?
25:26 - Continuum in innovation
28:40 - Philosophy of leadership
31:14 - Advice for innovators
-------------------------
OUTLAST Consulting offers professional development and strategic advisory services in the areas of innovation and diversity management.
