23: Pavlo Ryzhiy - The capital of failure
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Pavlo Ryzhiy is a strategic advisor, catalyst, and integrator who specializes in connecting insights from strategy, innovation, business modelling, and organizational design to create solutions that others often overlook. Originally from Ukraine now based in Hamburg, Germany. Pavlo works with organizations that have previously failed at innovation programs, helping them take a second approach that actually sticks. The central concept discussed is "capital of failure" - the idea that failure shouldn't be hidden or avoided in corporate settings, but rather treated as a valuable asset that can be measured and capitalized on a company's balance sheet.
In corporate innovation and intrapreneurship, Pavlo has developed scalable corporate startup ecosystems using unique gamified engagement models where employees invest in their colleagues' startups. He has designed and led corporate acceleration programs focused on sustainable innovation, achieving over fifty percent employee engagement in corporate innovation initiatives and generating significant returns on investment with millions in newly created profits. Through his work, he has facilitated the launch of more than thirty corporate sustainable startups.
Pavlo is passionate about organizational transformation, sustainable development, self-organized teams, and harnessing both individual and organizational purpose. He focuses on developing employee agency, vertical leadership development, new business and product development, and innovation management. His methodological approach helps companies to drive comprehensive organizational change and innovation.
His personal experience of leaving Ukraine due to war and rebuilding in Germany adds real-world examples of resilience and transformation that inform his methods for helping companies navigate innovation and change in an increasingly urgent global business environment.
Explore how Wazoku helps organizations like those supported by Pavlo Ryzhiy turn past innovation failures into measurable success through sustainable innovation programs, employee engagement models, and strategic transformation.
Learn more about Wazoku’s approach to corporate innovation
Chapters
1. Introduction to the Total Innovation Podcast (00:00:00)
2. Meet Pavlo Rizzi: Innovation Strategist (00:00:47)
3. The Concept of Failure as Capital (00:01:47)
4. Practical Applications of Failure Capital (00:04:31)
5. Engaging Employees in Corporate Innovation (00:09:02)
6. Gamification and Employee Engagement (00:15:44)
7. Transforming Employees into Entrepreneurs (00:22:55)
8. Innovation Dividend and Equity Concepts (00:23:23)
9. Procurement Challenges and Solutions (00:24:46)
10. Capital of Failure and Managerial Tools (00:26:44)
11. Rethinking KPIs for Innovation (00:34:46)
12. Personal Journey and Professional Insights (00:41:36)
13. Conclusion and Final Thoughts (00:47:50)
28 episodes