Crisis and opportunity

Crisis And Opportunity

Nearly everyone and everything — people, organizations, and societies — have been severely impacted by the COVID-19 pandemic. Yet some of history’s most important innovations have been created as a result of similar crisis situations. In a complimentary livestream recently hosted by The Ivey Academy, innovation expert Rob Austin weighed in on the relationship between crises and innovation:

“The general effect of something like a pandemic is that it jolts us — it takes us to places we would not have necessarily gone otherwise, and I mean that both in a physical sense and also in the sense of our thinking.”

In the latest issue of Ivey Business Journal, Austin and The Ivey Academy's executive director, Mark Healy, discuss how the pandemic has many organizations experimenting and innovating. The role mistakes play in innovation – also known as "accidental innovation" – is examined, as well as the importance of having a curious mindset to capitalize on unexpected setbacks.

 

About The Ivey Academy at Ivey Business School
The Ivey Academy at Ivey Business School is the home for executive Learning and Development (L&D) in Canada. It is Canada’s only full-service L&D house, blending Financial Times top-ranked university-based executive education with talent assessment, instructional design and strategy, and behaviour change sustainment. 

Rooted in Ivey Business School’s real-world leadership approach, The Ivey Academy is a place where professionals come to get better, to break old habits and establish new ones, to practice, to change, to obtain coaching and support, and to join a powerful peer network. Follow The Ivey Academy on LinkedIn, Twitter, Facebook, and Instagram.

 

Associated Faculty

Rob  Austin

Rob Austin

Professor

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