Tech for Non-Techies – Détails, épisodes et analyse

Do you want to know how one of the world’s largest fintech companies stays on top?

Paypal’s innovation strategy is actually simpler and cheaper than you probably think.

Listen to this episode to learn how this $78 billion dollar business keeps coming up with new ideas, so you can steal their strategies for yourself.

You will learn from Mike Todasco, who led global innovation at Paypal and is now a visiting fellow studying AI at the Sand Diego State University.

Timestamps:

00:00 Innovation on a Budget

02:55 Constraints in Innovation

05:47 Creative Resource Management

08:56 Building a Culture of Innovation

12:14  Measurement of Innovation

15:08 Levels of Innovation

17:49 Defining a Culture of Innovation

20:52 Success Metrics in Innovation

24:01 Current Trends in Innovation

26:50 Resources for Aspiring Innovators

For the transcript, go to - https://www.techfornontechies.co/blog/221-how-paypal-innovates

by Sophia Matveeva, supported by researchers from The University of Chicago

If your organisation wants to drive revenue through innovation, book a call with us here.

Our workshops and innovation strategies have helped Constellation Brands, the Royal Bank of Canada and Oxford University. 

Have you ever wondered why some people find smart innovative solutions to problems, and others stay stuck?

In this episode, you'll learn you a simple technique that innovators use to make new products and solve business challenges.

And you can also use this methodology for any area of your life, so listen up!

You'll learn about the 5 whys process, hear two case studies for how to use it, and get guidelines for how to get started.

Timestamps

00:00 Introduction 

02:46 Five Whys Methodology

06:05 Applying the Five Whys: Bakery Example

08:51 Applying the Five Whys: App Development Example

12:01 Effective Use of the Five Whys

13:53 Conclusion

For the transcript, go to: https://www.techfornontechies.co/blog/220-how-5-simple-questions-can-solve-your-toughest-problems

For more career & tech lessons, subscribe to Tech for Non-Techies on:

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If your organisation wants to drive revenue through innovation, book a call with us here.

Our workshops and innovation strategies have helped Constellation Brands, the Royal Bank of Canada and Oxford University.

To succeed, corporates and start-ups must innovate.

Learn how to manage technology strategy as a Business Leader from MBA professor Alberto Galasso.

Professor Galasso teaches Strategic Management and Technology Strategy at the University of Toronto's Rotman School of Management.

He is the author of The Management of Innovation: Managing and Creating Technology Capital 

Timestamps:

02:18 Why Technology Strategy is important for Business Leaders

04:13 The Relationship Between Technology and Innovation

07:59 Tips for Becoming More Innovative

12:40 Case Study: CT Scanner Industry Crisis

15:04 Strategies for Addressing the Crisis

20:07 Balancing Technological Advancements and Value Creation

23:26 The Role of Intellectual Property and Data

27:43 Collaborative Approach to Innovation

31:37 Identifying Innovative Companies

35:21 Enhancing Personal Innovation Capabilities

For more career & tech lessons, subscribe to Tech for Non-Techies on:

• Apple
• Spotify
• YouTube
• Amazon Podcasts
• Stitcher
• Pandora

5 Tech Concepts Every Business Leader Needs To Know 

Say hi to Sophia on LinkedIn.

Following us on YouTube, Facebook, Instagram and TikTok will make you smarter. 

For the transcript, go to: https://www.techfornontechies.co/blog/technology-strategy-for-business-leaders

If you want to have a great career today, you simply have to Speak Tech. But, taking courses is not enough. You must combine learning with smart actions to make your investment pay off.

Here are five action steps you can take today to thrive in the Tech Age:

1. Get involved with a tech start-up:
   • if you have specialist expertise, offer to become an advisor to a start-up so you can learn how digital innovation works from the inside.
   • For example, if you are a lawyer, offer your legal expertise in exchange for sitting in product meetings as an observer.
2. Get involved with an accelerator:
   • this is like point one, but instead of offering your expertise to a specific start-up, offer it to an organisation that helps start-ups.
   • angel investment networks are also another useful route to follow here.
3. Create your own tech focussed meet-ups:
   • This is especially useful if you want to learn and build your network in a particular niche. For example, if you work in a real estate investment fund, host events with start-ups and corporate innovators who are inventing new products in this space.
   • By being the moderator of these discussions, you grow your knowledge, build your network and expand your personal brand.
4. Go to the innovation department or the product team and ask them what they are working on.
   • One of my students did this. Juliet Eysenck was a journalist at the Telegraph Media Group in the UK. She built relationships with the digital product team and ended up pivoting her career to become a product leader.
   • Listen episode 11. How to Transition into Product Management for Non-Techies with Juliet Eysenck to hear how she did it.
5. Look at your existing LinkedIn connections, find people who are working in technology innovation and contact them.
   • Remember, this contact does have to work in a tech company. They could be like Juliet, working on the digital side of a traditional business innovation.
   • Ask these contacts to meet up so you can ask them about their work. You might make new friends or rekindle friendships, while building knowledge for your career.

Join our next FREE training

You will learn:

• The top mistake non-technical leaders make when it comes to tech
• Leadership case studies from Netflix & Microsoft
• How to combine tech & business skills to have a great career

Live online: 26 October 2022, 12 pm EDT / 5 pm BST

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• Reach senior leadership positions in Big Tech firms
• Lead digital transformation in established businesses
• Create tech businesses as non-technical founders
• Pivot into careers in venture capital

If you want to have a great career in the Digital Age, then APPLY FOR A CONSULTATION CALL.

What happens when you apply for a consultation call:

1. Sophia and her team will look through your application. If they genuinely think Sophia could help you, you will get a link to her calendar.
2. You will have a 20 – 30 minute call to discuss your goals and see if you are a good fit for each other. 
3. If we establish that Tech for Non-Techies courses + coaching could help you and believe we would enjoy working together, we will discuss a relevant approach to suit you.
4. The aim of the call is not to sell you on anything that is not right for you. We both win if you get results, but we both lose if you don’t.

We love hearing from our readers and listeners. So if you have questions about the content or working with us, just get in touch on info@techfornontechies.co

Say hi to Sophia on Twitter and follow her on LinkedIn.

Following us on Facebook, Instagram and TikTok will make you smarter. 

“The business strategies employed by highly successful start-ups and the career strategies employed by highly successful individuals are strikingly similar," says Reid Hoffman in his book The Startup of You.

• VC premise 1: technology is a tool that solves a problem
  • Ask yourself: what problems is your industry facing now? What problems are you dealing with on day-to-day basis?
• VC Premise 2: the problem must be important enough to solve
  
  • Even if the problem exists, it might not be important enough to solve.
  • This is why, you need to think: where is the biggest money drain? Where is the biggest productivity drain?
• VC premise 3: Invest in the future, not in the now
  

  • VCs are not investing in today. They are investing in years and even decades ahead. Let’s use the same approach to your career.

  • Does your industry or the company you are working at look promising? Make a plan for how to adjust for future changes. Making a career change always takes longer than we want.

• VC premise 4: diversify your assets
  • This means doing well in your current role well, and also getting involved with other projects.

  • One of the best ways to do this is to get involved with start-ups, because this helps you understand how innovation works in practice and gives you fresh ideas. 

Resources mentioned in this episode:

• Speak Tech: the top 10 tech concepts for business leaders (FREE GUIDE)
• Non-Technical Founders Don’t Need to Cod‪e‬ - Sophia's podcast interview with Alexandra Zubko, 3 x tech founder
• 74. How I got to the top in tech - Sophia's podcast interview with Jennifery Byrne, ex CTO Microsoft US

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• Reach senior leadership positions in Big Tech firms
• Lead digital transformation in established businesses
• Create tech businesses as non-technical founders
• Pivot into careers in venture capital

If you want to have a great career in the Digital Age, then APPLY FOR A CONSULTATION CALL.

What happens when you apply for a consultation call:

1. Sophia and her team will look through your application. If they genuinely think Sophia could help you, you will get a link to her calendar..
2. You will have a 20 – 30 minute call to discuss your goals and see if you are a good fit for each other. 
3. If we establish that Tech for Non-Techies courses + coaching could help you and believe we would enjoy working together, we will discuss a relevant approach to suit you.
4. The aim of the call is not to sell you on anything that is not right for you. We both win if you get results, but we both lose if you don’t.

We love hearing from our readers and listeners. So if you have questions about the content or working with us, just get in touch on info@techfornontechies.co

Say hi to Sophia on Twitter and follow her on LinkedIn.

Following us on Facebook, Instagram and TikTok will make you smarter. 

Software updates can have weird unintended consequences that the company doesn't even know about. Existing features that worked perfectly can stop working, leading to lost revenues and annoyed customers.

Listen to this episode to learn why this happens and how non-technical leaders deal with it when it does.

Learning notes from this episode:

• A developer could write a line of code to affect one outcome, and there could be a completely different unintended outcome that they don’t even know about it.
  • When an app, site or algorithm gets complicated enough, these unintended consequences are more and more likely to happen.
• To prevent this, make sure that different people test the new version on different devices and browsers.
  • In tech teams, this function is called Quality Assurance.
• Remember that these unintended consequences are inevitable. The key is to catch them early and correct course.
  • Create a process for your users to quickly tell you if something goes wrong. The beauty of software products is that you can usually get rid of a bug in the system in the next release. The key is to find out about it in the first place.

Resources mentioned in this episode:

• Speak Tech: the top 10 tech concepts for business leaders (FREE GUIDE)
• The Metaverse: And How it Will Revolutionize Everything by Matthew Ball

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For individuals, APPLY FOR A CONSULTATION CALL for Tech For Non-Techies membership.

For companies: If you want to increase productivity, innovation and diversity, then your non-technical teams need to learn how to collaborate with the techies. 

BOOK A CALL to discuss bespoke training & consulting.

We love hearing from our readers and listeners. So if you have questions about the content or working with us, just get in touch on info@techfornontechies.co

Say hi to Sophia on Twitter and follow her on LinkedIn.

Following us on Facebook, Instagram and TikTok will make you smarter. 

Technology is a tool, not an end in itself. The quickest way to bridge the gap between tech and business teams is to relate business outcomes to technology. 

Learning notes from this episode:

• In every company, you always have two sides: the people who make the product, and the people who sell the product.
  • The aim of both sides is to grow the business, but they solve the same problem using different expertise. (It’s like Oceans 11, but legal)
• As a leader your job is not to know everything, but to set a vision and break it down into goals. You need to learn, but you also need to know when to stop.
  • This is how non-technical founders build tech ventures and how corporate executives transform traditional organisations into digital leaders.
• One of the biggest reasons non-technical leaders struggle to collaborate with their technical counterparts is fear that they will not understand what the technologists are talking about.
  • To solve, this, you need to learn to Speak Tech.
  • A quick hack, even without knowing any tech concepts, is to relate business outcomes to technology.
• Most tech tools help companies achieve these four business aims:
  1. Reach scale
  2. Increase efficiency
  3. Increase customer satisfaction
  4. Improve security

You can start learning how to become a Digital Leader today by asking your tech colleagues how their work impacts these four areas.

Previous class attendees said:

• “Super helpful content that can be applied to a wider range of professions, presented in a fun, personable way.”
• “Love presenter's extensive knowledge and experience, and use of concrete examples to convey points”
• “Presenter brought energy, humor & clarity.”
• “The inspiration I needed to hear the stories of non-tech people getting involved in tech.”

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If you like learning about how tech products and profits get made, you'll like our newsletter.

It's funny too. Sign up here.

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For individuals, APPLY FOR A CONSULTATION CALL for Tech For Non-Techies membership.

For companies: If you want to increase productivity, innovation and diversity, then your non-technical teams need to learn how to collaborate with the techies. 

BOOK A CALL to discuss bespoke training & consulting.

We love hearing from our readers and listeners. So if you have questions about the content or working with us, just get in touch on info@techfornontechies.co

Say hi to Sophia on Twitter and follow her on LinkedIn.

Following us on Facebook, Instagram and TikTok will make you smarter. 

"Successful entrepreneurs don't have better ideas, they have a better process," says Eric Reis in The Lean Start-Up. To learn how to innovate with speed, listen to this week's episode.

Learning notes from this episode:

• “A start-up is a human institution designed to create a new product or service under conditions of extreme uncertainty,” says Reis.
• Do not to apply your corporate experience to start-ups.
  • Corporates have:
    • Departments
    • A known business model
    • A known problem
  • Start-ups have:
    • 3 people and a dog
    • No proven business model
    • A problem hypothesis
• To test new ideas in conditions of extreme uncertainty, follow the Build-Measure-Learn cycle. (Pictured here)
• This process is not only for tech products. Use it to invent new products and services, and if you get traction with existing tools, then consider investing in tech.
• If you do not have a technical background, you will not know how to build a product so you could measure and learn. This is why The Lean Start-Up is a great theoretical guide to innovation, but does not present a clear path to product for non-technical innovators.
  • The Non-Technical Founder's Introduction To Tech course shows how to apply Build-Measure-Learn in practice. 

Join our next FREE Training on 28 September, 12 pm EDT / 5 pm BST

Previous class attendees said:

• “Super helpful content that can be applied to a wider range of professions, presented in a fun, personable way.”
• “Love presenter's extensive knowledge and experience, and use of concrete examples to convey points”
• “Presenter brought energy, humor & clarity.”
• “The inspiration I needed to hear the stories of non-tech people getting involved in tech.”

Sign up here.

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If you like learning about how tech products and profits get made, you'll like our newsletter.

It's funny too. Sign up here.

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For individuals, APPLY FOR A CONSULTATION CALL for Tech For Non-Techies membership.

For companies: If you want to increase productivity, innovation and diversity, then your non-technical teams need to learn how to collaborate with the techies. 

BOOK A CALL to discuss bespoke training & consulting.

We love hearing from our readers and listeners. So if you have questions about the content or working with us, just get in touch on info@techfornontechies.co

Say hi to Sophia on Twitter and follow her on LinkedIn.

Following us on Facebook, Instagram and TikTok will make you smarter. 

When investing in Deep Tech, remember that technology is just a tool, not an end in itself. Understanding who will use it and why is key to becoming smart money.

Learning notes from this episode:

• When investing in any business, you must consider these questions:
  • What problem are you solving?
  • Who are you solving it for?
  • Are they willing and able to pay for it?

• Understand what stage of the innovation cycle the start-up is in. This will help you evaluate risk properly.
  • For example, the first lab grown burgers were unaffordable for most people. The risk at that stage was not whether the product can be made, but whether it can be made at a cost that would allow wide scale sales.

• Get a technical expert to evaluate the start-up’s invention and help you understand their risk. Take note if no other deep tech investor is involved.
  • This is what happened with Theranos. Prominent biotech VCs passed on the round because they had the expertise to know that what Elizabeth Holmes was promising could not be built.

• One of the best ways to learn about Deep Tech investing is to attend accelerator demo days. Listen to start-up pitches and take note of what experienced deep tech investors are asking about.
  • For example, you could start with the Duality accelerator ran by the University of Chicago’s Polsky Center, which focusses on quantum computing start-ups.

Resources mentioned in this episode:

• Episode 4. What Non-Technical Founders Need to Know About Tech (interview with David Segura)
• Episode 31. How To Transition Into Venture Capital
• Episode 114. What is Deep Tech?  

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If you like learning about how tech products and profits get made, you'll like our newsletter.

It's funny too. Sign up here.

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For individuals, APPLY FOR A CONSULTATION CALL for Tech For Non-Techies membership.

For companies: If you want to increase productivity, innovation and diversity, then your non-technical teams need to learn how to collaborate with the techies. 

BOOK A CALL to discuss bespoke training & consulting.

We love hearing from our readers and listeners. So if you have questions about the content or working with us, just get in touch on info@techfornontechies.co

Say hi to Sophia on Twitter and follow her on LinkedIn.

Following us on Facebook, Instagram and TikTok will make you smarter. 

Great technology is not enough to build a successful business. You need customers who understand its benefits, and are willing to pay for them. This is why storytelling is a key part of commercialising innovation.

Lauren Xandra, Head of Marketing at Two Sigma Ventures, a venture capital firm investing in deep tech, talks about her role in building successful tech businesses and how she transitioned career into deep tech.

Learning notes from this episode:

• "Just as important as supporting startups' technical growth, is helping them to be understood and able to tell a story that no only resonates with their end users, but also with potential corporate partners and outside investors, who are often less technical," says Lauren.
• Venture Capital is usually a job that people transition into, rather than start their careers in. 68% of venture capitalists in the US have backgrounds in start-ups, according to research by Diversity VC.
• "Making a strategic career move requires thinking entrepreneurially," says Lauren. This means investing time and effort into activities that will pay off in the long run, but not today, like volunteering for start-ups or accelerators.

Resources mentioned in this episode:

• Episode 114. What is Deep Tech?
• Episode 103. How I got into deep tech investing (with Colin Beirne, Two Sigma Ventures)
• Episode 108. How to work with a data scientist

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If you like learning about how tech products and profits get made, you'll like our newsletter.

It's funny too. Sign up here.

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For individuals, APPLY FOR A CONSULTATION CALL for Tech For Non-Techies membership.

For companies: If you want to increase productivity, innovation and diversity, then your non-technical teams need to learn how to collaborate with the techies. 

BOOK A CALL to discuss bespoke training & consulting.

We love hearing from our readers and listeners. So if you have questions about the content or working with us, just get in touch on info@techfornontechies.co

Say hi to Sophia on Twitter and follow her on LinkedIn.

Following us on Facebook, Instagram and TikTok will make you smarter.