In today's episode, we are joined by the brilliant Dickie Whitaker Dickie has a portfolio of businesses and ventures he is involved with but in this episode, we focussed on his work with Oasis Loss Modelling FrameworkIn this episode we talk about: - The reason to start a business - find a problem large enough to solve that people will pay for it - Why "we have always done it this way" is the very reason to change "that way" - How important diversity - in all forms, create brilliant teams - How startup teams are not created equal - and how that's good. - Why team structures should be fluid European vs US start-up psychology (Huge sweeping generalization warning!) - What does innovation mean? - We hear why Dickie is uncomfortable about Innovation teams in companies - Why culture is everything and why we can be so bad at articulating it within Insurance - Why "work hard, play hard" needs to be replaced with "work smart, play......how you like!" - The pandemic has shone a light on the "last person in the office" culture of office work - The importance of collaboration in the industry to innovation Collaboration starts with trust - The role of insurance in society and its unique position to impact society - Collaboration can't just is volunteers it needs rigor and structure and the best talent! - The best people don't always or don't often volunteer! (Open goal for a recruitment professional!) - The benefit of blissful ignorance in building anything - The importance of looking forward as opposed to looking back Thanks to Dickie for being a great guest - a really enjoyable discussion.
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