How corporates today need to be thinking about GROWTH with Greg Brody | EP 4

"We need innovation, but we need growth."
 
Today we’re excited to be speaking to Greg Brody, a Venture Partner with 25 years of venture investing experience, specializing in corporate venture capital and building growth capabilities for large enterprises. 
 
In this conversation, Greg Brody shares his career journey and his current focus on helping big enterprises disrupt themselves and drive new growth. He emphasizes the need for companies to have programs to drive growth, rather than just focusing on innovation. These programs require senior leaders to be fully committed and involve a long-term process of building new growth capabilities. Greg discusses the different options for achieving growth, including building internal venture studios, acquiring companies, or investing in startups. He also highlights the importance of leveraging venture capital approaches as a form of management and the role of growth boards in governing the process.
 
Key Takeaways

• Growth is essential, not just innovation.
• Companies need programs to drive sustainable growth.
• Senior leadership buy-in is critical for success.
• Understanding the right questions is key to growth.
• A holistic approach to growth is necessary.
• Venture studios can be an effective model for growth.
• Talent structure must include dedicated resources.
• External partners can provide valuable insights.
• The growth board plays a crucial role in decision-making.
• Mindset shifts are essential for corporate innovation.

 
Find Greg here: https://www.linkedin.com/in/gregbrody/
 
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About The Faces of Innovation: This podcast is dedicated to speaking to leaders across the innovation ecosystem, from Venture Builders to Chief Innovation Officers.