S6-Ep2 | Innovate or get left behind, with Peter Beven

In this episode, Richard Pharro, CEO of APMG International, speaks with Peter Beven about why so many transformation efforts fail, and what leaders must do differently to keep their organisations competitive. Peter challenges conventional thinking, arguing that most organisations still treat people development as an afterthought, even though capability is the single biggest driver of value in any transformation.Throughout the conversation, Peter unpacks why “digital transformation” is a misleading label, why traditional L&D approaches no longer work, and how organisations can avoid falling into the trap of change for change’s sake. He highlights the uncomfortable truth that nearly half of corporate training investment is wasted, and draws a clear line between poor capability planning and the high failure rate of major projects.Peter also tackles the rapid rise of AI, explaining the shift from automation to augmentation and why leaders who are only now paying attention may already be behind the curve. He emphasises the growing importance of systems thinking, durable skills, and a culture that enables experimentation; while warning that some industries, including large consulting firms, may struggle to adapt fast enough.Whether you’re leading a transformation, preparing your workforce for an AI-driven future, or rethinking how to build capability that truly contributes to strategic outcomes, this episode offers a refreshingly direct and thought-provoking perspective. Listen in to explore how to build organisations that are agile, innovative, and ready for what’s coming next. 🔗 Connect with Peter: linkedin.com/in/pbeven🌐 Find out more about APMG certifications: apmg-international.com/certifications-solutions