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Podcast: Boardroom Governance with Evan Epstein
Episode: Ilya Strebulaev: Venture Mindset Takeaways for Board Members.
Description: (0:00) Intro.(1:39) About the podcast sponsor: The American College of Governance Counsel.(2:25) Start of interview. Reference to E21 with Ilya Strebulaev from October 2020.(4:01) On why he wrote his book The Venture Mindset: for decision makers in large organizations.(5:37) About the first principle: Home Runs Matter, Strikeouts Don’t. Make small bets vs fear of failure.(7:23) Two types of innovation: incremental (step by step) vs. disruptive innovation.(13:32) The unique role that independent directors can play in innovation.(18:20) On corporate unicorns and intrapreneurs.(20:11) On errors of om...