Why an Experimental Mindset Matters in Leadership and Innovation

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Why an Experimental Mindset Matters in Leadership and Innovation

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In this episode, Steve Brookstein, Professor of Entrepreneurship and Management of Innovation at the Saunders School of Business at RIT, joins Alejandro and Mim for a conversation about the mindset necessary to lead and innovate in an entrepreneurial environment. They explain why embracing failure, humility, and an experimentation mindset is critical to your organization's success. Steve shares his philosophy that “it takes someone very big to be small,” challenging the idea that entrepreneurs and leaders need to project certainty or have all the answers. Instead, creating the conditions for innovation often means being willing to acknowledge mistakes, listen to others, and learn from failure.Listen in to explore how a growth mindset can transform the way entrepreneurs and organizations approach innovation, and how some of history’s greatest success stories emerged from failure rather than in spite of it.In this episode, we explore:Why a fear of failure can hold entrepreneurs and organizations backSteve Brookstein’s philosophy that “it takes someone very big to be small”What a growth mindset looks like in entrepreneurship and innovationThe principles of bottom-up innovation and why great ideas don’t always come from the topHow entrepreneurs and visionaries have used failure as fuel for extraordinary successWhy mistakes can be an essential part of the innovation processHow organizations can create environments where experimentation and learning are encouragedHow Steve plans to use One Size Fits None: Time for an Entrepreneurial Revolution in his upcoming class at RITWhat it means to build a culture where people feel empowered to innovateConnect with the Podcast Co-Hosts:Alejandro Juárez Crawford: LinkedInMim Plavin-Masterman: LinkedInConnect with Steve, Adjunct Professor at Saunders College of Business :Steve Brookstein: LinkedIn___________What if Instead? is produced with generous support from:The Democratizing Innovation InstituteEver look around you and ask what if instead things worked differently?The institute takes what we used to think only innovators and entrepreneurs did, and makes it normal. We're on a mission to provide the tools, the space, and the connections to ask the question in practice—by taking part in an experiment in how things could work.Social Impact Lab BRACULearn More About:One Size Fits None: Time for an Entrepreneurial RevolutionOne Size Fits None: Time for an Entrepreneurial Revolution on SpotifyOne Size Fits None: Time for an Entrepreneurial Revolution on Audible More From What If Instead? Diseconomies of Scale | Michael ShumanMentorship & Collaboration: The Alignment That Changes The World | Evelina Van Mensel and Martin NedevTalking To People Who Think Like Us Has Made Us Stagnant | Trevor Vaughn and Hunter BuffingtonA System for Unexpected Connections | David GarrisonWhy Building Communities with Fire-Resilient Standards is a Game Changer | Alister WattSPECIAL EPISODE: One Size Fits None Time for an Entrepreneurial Revolution is available on AudiobookChanging the World of Non-Fiction | Ramona Liberoff

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