Navigating Innovation in Highly Regulated Sectors: Lessons from a Corporate Innovation Expert

Join Mike Procee interviews Zoe Harrison, a seasoned corporate innovation expert. Zoe shares insights on driving innovation within highly regulated industries like banking and insurance. Despite the perception that these legacy organizations struggle with innovation, Zoe has navigated the complexities of fostering change in risk-averse environments for nearly 20 years across Canada, the UK, and Scandinavia. The discussion highlights the challenges of innovating in highly regulated sectors, where organizational structures, cultural attitudes, and a perceived need for stability often act as barriers to change.

Thank you for listening to the Leaders, Innovators and Big Ideas podcast, supported by Rainforest Alberta. The podcast that highlights those people who are contributing to and/or supporting the innovation ecosystem in Alberta.

Host:  Mike Procee is an entrepreneur, facilitator, innovator and problem solver. Working in the Calgary Energy Sector, Mike strives to build the innovation ecosystem and community. From his volunteer position on the Strategic Capability Network, where he founded the Calgary Innovation Peer Forum, to pursuing his DBA in Winter 2024, focused on innovation, Mike is pushing the thinking on what it means to be a corporate innovation practitioner. 

Guest: Zoe Harrison is a corporate board director and innovation strategist. She has global experience working with major financial institutions. She has made her home in Alberta and is committed to growing the local innovation community and creating space for people of all backgrounds to innovate.

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Show Links:

• Innovation Management

Show Quotes:

"These cultures in these large companies there is a lot of structure and bureaucracy that's built up over time, and it's what perceived as keeping things stable"

Credits...

This Episode Sponsored By: New Idea Machine

Episode Music: Tony Del Degan

Creator & Producer: Al Del Degan