Running out of good ideas is probably one of the most frustrating things for an innovator. After all, our job is all about bringing new and exciting things to the table. So how do we get out of a creative block and generate new ideas for innovation?
For Greg Ratcliff, Chief Innovation Officer at Vertiv, the key lies in diversity. When we collaborate with people from different backgrounds and expertise, that’s when innovation happens.
In this episode of Innovation Storytellers, Greg talks about how mergers and acquisitions help companies innovate and how to manage the communication and cultural differences between companies who are in these types of relationships.
He also talks about how they scout for innovative ideas at Vertiv and how companies can cultivate a resilience to failure.
Currently, Greg serves as Chief Innovation Officer for Vertiv. Greg leads a team of technology scouts and business experts who identify, evaluate and assess the future potential of new technologies, business models, and processes to address evolving business, economic and social trends for Vertiv and its customers.
Greg has spoken and consulted internationally on IoT, artificial intelligence, big data, and the evaluation of emerging technologies to achieve business outcomes. Greg participates in international technology standards bodies, has multiple industry article contributions to his credit, and advises technology incubators. Additionally, Greg holds five patents.
Gregory Ratcliff has undergraduate degrees in applied mathematics and information systems, and has a master’s degree in business administration.