Robert Wolcott is an innovation expert and early-stage venture investor with a robust background in economics and emerging technologies, as he reveals how digital transformation is reshaping business models. He explains how digital innovations compress capabilities to drive value creation precisely when and where it matters.He also emphasizes the power of embracing small-scale experiments and managing the cost of learning as key drivers for sustainable growth. Discover how he has been at the forefront of digital transformation, empowering businesses to stay agile and competitive in today's fast-paced market. Watch now and learn to harness the future of innovation!🔗 Save hours with top business hacks every Friday:https://thesearchlight.com/subscribeConnect with Robert:https://www.linkedin.com/in/robert-c-wolcott-4a624a/https://www.facebook.com/robertcwolcottChapters:0:00 Intro1:36 Digital Transformation and Proximity5:11 On Demand Pharmaceuticals: A Technological Breakthrough6:12 Fourth Grade Inspiration: The Birth of Innovation7:18 The Relevance of Proximity for SMBs8:19 Innovative Business Models and the Axon Example10:36 Generative AI in Police Reporting at Axon14:05 Learning from Product Feedback: The Taser Example15:14 Ideation, Experimentation, and Managing the Cost of Learning19:47 Leveraging Peripheral Interests for Innovation20:11 Building Networks and Strategic Relationships23:02 Investor Perspective25:28 Advice for Big Companies27:21 Navigating Company Dynamics28:25 The Research Process Behind the Book30:43 Collaborative Research and Expert Feedback35:52 Changing Context for Professional Development38:29 Introducing "Post-Virtual"40:13 Investors and the Pace of Technological Change43:30 The Impact of Rapid Technological Change44:42 Screen Time Management47:18 Outro#HorizonSearchPodcast #DigitalTransformation #Innovation #VentureInvesting #Proximity #Experimentation #StrategicPartnerships #ValueCreation #EmergingTech #SustainableGrowth #DigitalTransformation #Innovation #VentureInvesting #DigitalBlueprint #ValueCreation #EmergingTech

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