{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Chemical Show: Leadership Conversations on Strategy, Supply Chain, Innovation, Talent and Trends","title":"Fostering Innovation: Practical Takeaways for Business Leaders in Mature Industries - Ep. 225","html":"","width":"100%","height":180,"duration":1205,"description":"At the midpoint of 2025, the chemical industry is navigating a turbulent landscape marked by geopolitical conflicts, trade uncertainties, and shifting supply-demand dynamics. Host Victoria Meyer examines how leaders are driving innovation during times of economic uncertainty, sharing recent insights from established and emerging companies including Hexion, Lummus Technology, Pilot Chemical, Lanzatech, and others. She explores how companies can break out of the “we’ve always done it this way” mindset, overcome barriers to change, and embrace both incremental and disruptive innovation. \nVictoria highlights practical strategies for fostering an innovation mindset—ranging from creating psychological safety for risk-taking to encouraging diverse internal and external partnerships. She underscores the importance of balancing operational excellence with a willingness to experiment, empowering teams to learn from failures, and aligning incentives to support new ideas. With a focus on actionable practices, this episode provides chemical industry professionals with a roadmap for building resilient, future-ready organizations. \n \nVictoria breaks down these topics in this week's episode: \nHow chemical industry leaders stay resilient and innovative amid uncertainty. \nBuilding change-embracing cultures over traditional approaches \nCreating safe spaces for innovation. \nAccelerating innovation through strategic partnerships \nStrategies for embedding small and large improvements into daily operations. \n \nKiller Quote: \"Just because this is how we’ve always done it doesn’t make it the right answer for today.\"  — Victoria Meyer, The Chemical Show \n \nAdditional Links:  \n\"This is how we do it\" \n00:00 Balancing Innovation and Stability \n\n05:56 Breaking the \"We've Always Done It\" Mindset \n\n09:17 Embrace Change and Innovate \n\n13:21 \"Driving Innovation through Diverse Partnerships\" \n\n18:15 \"Prioritizing Communication in Innovation\" \n\n19:42 Innovation and Human Collaboration \nSubscribe to...","thumbnail_url":"https://img.transistorcdn.com/rIWBq6x3GKwCrdS9ibBekoi3MKKGzbqaa2KvU21DRho/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9mMjMz/ZTBmOTVlZWIyODA1/NDYwMDFhMTAzMzU5/OGEzNy5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}