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Rita McGrath Reveals the 3 Kinds of Competitors Your Business Needs to Watch Out For. - Blog.

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Rita McGrath Reveals the 3 Kinds of Competitors Your Business Needs to Watch Out For.

On this week's episode of the Escape Your Limits podcast, we meet Rita McGrath, a renowned Columbia Business School professor and premier expert on innovation, entrepreneurship, and growth strategies during times of uncertainty.

The pandemic is forcing every business regardless of industry to reevaluate their operations and to stay relevant while also staying on top of strategic inflection points.

According to Rita McGrath, the pandemic is offering businesses an opportunity to grow, or to stay as they are.

Her new book, Seeing Around Corners, helps leaders recognize the inflection points that could lead to innovation and success.

The pivotal changes taking place in business environments today are a wake-up call for leaders to not only define their cultural values, but to stay ahead of the tech game and get closer to the customer experience.

There's no substitute for the knowledge and expertise this week’s guest has to offer.

Tune in to this powerful conversation with Rita McGrath to learn more about this Entrepreneurial Strategist and discover how to see business environment changes as opportunities.

About the Escape Your Limits Podcast.

The Escape Your Limits podcast is a free, on-demand weekly audio and video release that reveals the mental, physical, and emotional elements involved in standing out above everybody else.

Every episode enables an ambitious audience to discover why successful people keep going when others quit, and what keeps them at the top of their game day after day. Shortcuts are not for dreamers. Our guests prove that constant hard work fuelled by the right frame of mind is what turns dreams into a reality. With the Escape Your Limits podcast, entrepreneurs share specific, actionable, real-life experiences and demonstrate how to champion your highest potential and make success happen for anyone. And we are just getting started.

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Rita McGrath on the Escape Your Limits podcast.

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Who is Rita McGrath?

Rita McGrath is a best-selling author, a sought-after speaker, and a longtime professor at Columbia Business School. Known as The Entrepreneurial Strategist, she is a globally recognized champion of harnessing disruptive influences for competitive advantage.

Rita is widely recognized as a premier expert on leading innovation and growth during times of uncertainty. 

As a consultant to CEOs, her work has had a lasting impact on the strategy and growth programs of Fortune 500 companies worldwide. Rita is also the founder of Valize, an innovation platform whose mission is to help organizations build lasting innovation capability as the basis for long term shared prosperity.

Rita McGrath episode highlights.

  • Keep focused on your customers’ end state
  • You need to create something other people can’t copy
  • Treat your employees like human beings, not robots
  • Employee satisfaction leads to greater customer satisfaction
  • As a brand, focus on what’s true for you
  • Inflection points provide opportunities for innovation
  • The pandemic’s impact on the fitness industry
  • Arenas vs. industries
  • Staying on top of new technologies and changing lives
  • Three kinds of competitors to watch out for
  • Observations on leadership

 

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