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Innovation is more than just a buzzword—it's the catalyst that drives business transformation, growth, and sustainability. Yet, in the pursuit of innovation, many companies focus solely on technology, overlooking a crucial element that powers true innovation: culture. In my WSJ Bestseller Fearless Innovation, I discuss how successful organizations are those that integrate both strategy and culture to fuel innovation at every level. And LEGO is a perfect example of this approach.
Having led innovation and emerging technologies at global brands like Cisco, IBM, Amgen, and Dell, I’ve seen firsthand how culture and strategy can create an environment where innovation thrives. As a former managing director at Cisco’s Global Co-Innovation Center, I drove strategic change across industries and markets, all while championing a culture that embraced creativity, agility, and collaboration. LEGO's journey demonstrates that combining innovation strategy with a robust culture of innovation is the key to lasting success.
LEGO Innovation: Beyond the Product
When we think of LEGO, we often think about their iconic plastic bricks. But LEGO's innovation is far beyond product development. In Fearless Innovation, I emphasize that true innovation is a comprehensive approach that integrates technology, partnerships, and business models. LEGO’s innovation strategy is a testament to this holistic approach. Their ability to expand into new markets—such as film, video games, and adult-focused products—has been crucial to their continued success. The company has capitalized on licensing iconic franchises like Star Wars and Harry Potter, creating experiences that resonate across generations.
LEGO’s approach to innovation is aligned with the principles I discuss in Fearless Innovation—it’s not just about the latest technology, it’s about creating systems that empower creativity and foster collaboration at every level. LEGO’s strategy proves that organizations that align innovation efforts with their business goals, while tapping into market trends and consumer desires, will sustain long-term growth.
LEGO Strategy: Adapting to Changing Times
In today’s fast-paced world, companies must be able to adapt to shifting consumer demands and market trends. LEGO’s strategy has been rooted in its ability to evolve in the face of changing times. LEGO’s 13% revenue increase for the first half of the year, amidst a broader industry slowdown, highlights the power of a proactive innovation strategy. By expanding its target audience, forging new partnerships, and continually adapting to consumer behavior, LEGO remains a leader in the toy industry.
As I mention in Fearless Innovation, a forward-thinking strategy anticipates future trends and positions companies to take advantage of new opportunities. LEGO’s success demonstrates that companies can remain competitive by continuously evaluating market needs, adapting strategies, and investing in innovation across their entire business.
LEGO Culture: The Heart of Innovation
In Fearless Innovation, I explain that the real magic of innovation happens when you build a culture that nurtures creativity, risk-taking, and experimentation. LEGO’s culture of innovation is what sets it apart. It’s not just about creating products; it’s about creating an environment where ideas are encouraged and valued, and where employees are empowered to challenge the status quo.
At Cisco, I led an effort to embed innovation into the company’s DNA, ensuring that every team, from leadership to frontline employees, was aligned around a common vision of transformation. Similarly, LEGO's success comes from fostering an innovation culture that empowers employees to experiment, collaborate, and continuously improve. This culture of trust and collaboration drives LEGO’s ability to stay ahead of the curve.
How I Help Organizations Build a Culture of Innovation
In my work as a keynote speaker and innovation strategist, I help organizations build and sustain cultures of innovation. I take the principles discussed in Fearless Innovation and translate them into practical, actionable strategies. Whether it’s developing innovation roadmaps, encouraging cross-functional collaboration, or helping leadership foster a mindset of creativity, my approach is always tailored to the unique needs of each organization.
By embedding innovation into the fabric of an organization, companies can create environments where new ideas are nurtured and transformed into breakthrough solutions. Just as LEGO has created a culture that encourages creativity, I work with organizations to ensure that innovation is not just a goal but a core value.
The Future of Innovation: Staying Ahead of the Curve
As I write in Fearless Innovation, the future of business belongs to those who embrace innovation not just as a strategy but as a mindset. Whether it’s adopting new technologies like AI or enhancing customer experiences, organizations that embed innovation into their culture will be the ones that lead. LEGO’s ability to continually evolve, adapt, and embrace new opportunities proves that businesses can stay ahead of the curve by creating a strong foundation of innovation.
Ready to Ignite Innovation in Your Organization?
If you’re ready to build a culture of innovation and develop a strategy that drives lasting change, I invite you to reach out. Let’s work together to create a tailored approach that will empower your team, transform your business, and position your organization for long-term success.
What Alex Can Do For You
Developed and led AI and Innovation strategy for multiple Fortune 100 companies, driving double-digit revenue growth.
Over 20 years of hands-on experience driving transformative business and technology solutions for global brands like Dell, Amgen, IBM, Pfizer, and Cisco.
Recognized by Forbes as “One of the World’s Top Experts on Innovation” and named a “Top AI Keynote Speaker to Watch.”
Frequent contributor to Forbes, Entrepreneur, and Fast Company, sharing actionable insights on AI strategy, the future of work, and innovation.
What sets Alex apart from other top AI speakers and innovation experts?
With AI and innovation elevated to buzzwords, there are plenty of speakers in this space. While many offer insightful keynotes, few can bring the depth of understanding, hands-on experience, and diverse viewpoints that Alex can. Alex doesn’t just talk about AI and innovation. He’s led it at Dell, Pfizer, and Cisco. He’s sat across from C-Suite execs to build global innovation plans. And he’s resonated with audiences at Google, AWS, Disney, Coca Cola, and dozens of other companies with keynotes tailored to their unique AI opportunities. A frequent contributor to Forbes, Inc., Entrepreneur, and Fast Company, Alex has been identified as a Top AI Voice on LinkedIn. He is also the author of a Wall Street Journal Bestseller, Fearless Innovation. Alex’s style is personable, approachable, and human. It’s never caught up in techspeak, or jargon so he resonates with any audience. Learn more about what sets Alex apart. Get in touch.
How does Alex customize keynotes and workshops?
No two organizations’ AI or innovation opportunities, or challenges, are the same. So canned keynotes or one-size-fits-all workshops just won’t do. Instead, Alex uses AI and data to tailor his engagements with available pre-event surveys. Analyzing responses, Alex customizes his content to address key needs and pain points, ensuring his message is meaningful. Speaking with leadership and other event stakeholders, Alex further customizes the content to ensure resonance and relevance, engaging audiences. Add it all up and you have keynotes and workshops that feel like they’ve been created for you—because they were. Learn more about Alex’s methodology. Get in touch.
What events and audiences are right for Alex?
With so much experience leading large-scale innovation initiatives, Alex is able to reach and resonate with any audience, no matter their knowledge level, industry, culture, or department. Captivating audiences from a live stage, or a virtual event, Alex is a fixture at C-Suite summits, innovation conferences, policy talks, offsites, and employee all hands meetings, plus governmental and academia events. An audience looking for fresh perspectives, real solutions, and custom content will find Alex’s keynotes engaging and actionable with ideas they can start applying right away. Curious about Alex’s recommendations for your event? Get in touch.
What companies and organizations have worked with Alex?
Alex’s roster of past clients, keynote engagements, and employers reads like a Wikipedia entry of the world’s most innovative, respected organizations. Disney, Coca Cola, ISO, AWS, Google, LEGO, CAT, IBM, Cisco, Dell, and dozens of other organizations have benefited from Alex’s keynotes, workshops, and strategic advisory services. As the former Managing Director of Innovation Strategy at Cisco, leader of global Innovation Centers and Smart City programs in 7 countries, and creator of innovation tracks for 3 Olympics, Alex’s real-world experience magnifies his impact upon any organization he partners with. Additionally, Alex has worked hands-on with governments, industry groups,startups and scaleups, plus large academic institutions, like the University of Delaware and The University of California, impacting 300,000+ students and thousands of faculty.
What topics does Alex Goryachev cover in keynotes and workshops?
While every keynote or workshop is customized to an event or audience, Alex is often requested by clients to bring a fresh perspective and real-world expertise on topics, including: AI’s impact on work and education Innovation in the age of AI Building buy-in and reducing hesitancy towards AI Policy and ethics related to AI C-Suite and leadership insights on AI Employee engagement in innovation The impact of AI on society Use cases, solutions, and strategies for AI and innovation Innovation culture and proven frameworks Reskilling and workforce preparedness Education and academia policy Government AI policy and legislation For additional topic ideas and recommendations for your event, get in touch.
These aren’t just better ways to use ChatGPT, or create short-term buzz. This is what the most influential organizations on earth use to shape the future.