Ready for an insightful podcast chat? Alex Osterwalder joins co-host Jim and Rodrigo and takes us on a journey through innovation and the art of testing business ideas. He delves into the intriguing dynamic between exploitation (nailing current operations) and exploration (pioneering new ventures) within organizations.

Alex shines a spotlight on the need for savvy entrepreneurial leaders who can seamlessly straddle both realms. He discusses the "strength of evidence" concept, a fascinating approach involves moving from lightweight evidence (think interviews) to more robust proof (actual customer actions or investments).

In the grand scheme, Alex underlines the significance of nurturing leaders proficient in both domains. It's all about informed decision-making based on evidence. Get ready to navigate the intricate world of innovation within organizations like a pro!

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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. Licensees may copy, distribute, display, and perform the work and make derivative works and remixes based on it only for non-commercial purposes. This work was originally authored by Steve Blank, Pete Newell, and Joe Felter. Copyrights in this work are jointly owned by The Common Mission Project and BMNT, Inc.

Please visit us at https://www.commonmission.us/ to learn more about the organization, and to find educator resources to enhance the student experience in the United States.

To find out more about Alex's work, please visit https://www.alexosterwalder.com/ and https://www.strategyzer.com/