How to Lead Innovation: 3 Steps that Transform Your Business Fast

How do you spot market shifts before competitors see them? Also, what steps can you take today to disrupt yourself before others do? This episode unpacks the three steps every leader must master to lead innovation and transform a business fast. Scott shares lessons from the auto industry, where resistance to change caused many to lose ground, and explains how leaders can avoid the same mistake. From spotting market shifts early to building adaptable cultures and addressing the emotional side of change, Scott lays out a practical playbook for staying ahead of disruption.Join Scott Joseph as he explores: (0:45) Innovation Means Burning the Old Playbook* Why true innovation isn’t about chasing shiny ideas but disrupting yourself before others do.(2:25) Lessons From the Auto Industry* Scott shares how car dealerships resisted the internet and lost market share to those who embraced it.(5:47) Step One: Spot the Shifts Early* Leaders must assign responsibility for tracking customer behaviors, competitor moves, and emerging tech.(11:08) Step Two: Build a Culture of Adaptability* Adaptability must become a core value, practiced and rewarded regularly.(12:25) Step Three: Lead the Emotional Side of Transformation* Why employees fear loss more than newness and how leaders must anticipate concerns.BB&C LEADERSHIP RETREAT Our signature, no-fluff retreat is coming up in October, in Louisville, Kentucky. It’s where business leaders come together to refine strategies, build powerful connections, and enjoy a little bourbon & cigars along the way.The first five people who go to https://MePlusUltra.com/bbc50 will receive 50% off their ticket to the Me Plus Ultra Leadership Retreat! BUSINESS, BOURBON & CIGARSBe sure to subscribe so you don’t miss any episodes. * Apple Podcasts: https://apple.co/3SN2fHn * Spotify: https://open.spotify.com/show/74bfJL9J2fjevQEvi17ekU * YouTube: https://www.youtube.com/@MePlusUltraNetwork/ Business, Bourbon & Cigars is the preeminent resource for ambitious leaders who want a backstage pass to the top. Each episode, we sit down with ultra-successful executives and industry leaders who share their insider strategies for growth and success. And of course, we may even sip on some of the finest bourbon and light up our favorite cigars while we chat.Each week, we bring you in-depth interviews with high-level executives and industry leaders who have a proven track record and in-depth understanding of what it takes to grow a business. They’ll share their no-nonsense approach, the challenges they faced on their journey to the top, and the strategies that helped them overcome obstacles and forge their own path to ultra-success.ME PLUS ULTRA Transform your business and redefine your world with Me Plus Ultra virtual masterminds and leadership retreats: https://MePlusUltra.com Me Plus Ultra is a place where visionary entrepreneurs come together, not just to network, but to forge lasting connections, inspire one another, and grow their businesses with confidence and purpose. With exclusive access to industry-leading knowledge, personalized growth strategies, and high-impact events, we empower you to transcend traditional business barriers. To elevate your business, join our Me Plus Ultra virtual masterminds and leadership retreats to surround yourself with peers who share your drive and passion.* Me Plus Ultra Instagram: https://www.instagram.com/me_plus_ultra/* Me Plus Ultra Facebook page: https://www.facebook.com/MePlusUltra/ * Me Plus Ultra Facebook group: https://www.facebook.com/groups/1011061052968028/ * Me Plus Ultra X/Twitter: https://x.com/Me_Plus_Ultra/ SCOTT JOSEPH * Scott Joseph LinkedIn: https://www.linkedin.com/in/ScottJoseph * Scott Joseph X/Twitter: https://x.com/ScottTJoseph1 * Scott Joseph Instagram: https://www.instagram.com/scotttjoseph/ * Scott Joseph Facebook: https://www.facebook.com/ScottTJoseph/ This episode was produced by Story On Media: https://www.storyon.co/