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Beth Comstock on "Imagine It Forward: Courage, Creativity, and the Power of Change"

4:15-4:49pm check-in; 5:00pm sharp to 6:00pm book talk; 6:00-6:10pm book sale

Event Details

Speaker Series

Date: Monday October 01, 2018 | 05:00 PM - 06:00 PM
Speaker(s): Beth Comstock, Change Maker; Author, former Vice Chair and Chief Marketing Officer, General Electric; Corporate Director, Nike; Trustee, National Geographic Society
Topic: "Imagine It Forward: Courage, Creativity, and the Power of Change" (Random House, Sep. 18. 2018)
Venue: Desautels Hall (2nd floor, South Building) | map
Rotman School of Management, U of Toronto,
105 St George Street
Location: Toronto
Cost: $35.00 plus HST per person (includes 1 hardcover copy of "Imagine It Forward" and 1 seat for the talk)
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BOOK SYNOPSIS: From one of today’s foremost innovation leaders, an inspiring and practical guide to mastering change in the face of relentless uncertainty. The world will never be slower than it is right now, says Beth Comstock, the former Vice Chair and head of marketing and innovation at GE.  But confronting the relentless pace of change is hard.  Employees get downsized; companies find themselves disrupted as challengers steal away customers.  To thrive in today’s world, every one of us has to become a change-maker. In Imagine It Forward, Comstock shares lessons from a thirty year career as the change-maker in chief, on spotting trends and driving innovation. In a candid and deeply personal narrative, Beth describes her successes and failures from the front lines of business, across industries ranging from media to health, energy to manufacturing, finance to the Industrial Internet. As the woman who spearheaded Ecomagination, and GE’s famed FastWorks methodology, she helped to turn a process-heavy, risk-averse culture, to one that increasingly embraced transparency, adaptability, iteration, and discovery.  She shows how each one of us can  -- in fact, must -- become a “change maker”—an instigator of change –by giving ourselves permission to imagine a better way. For Comstock, the concept of being “change ready” calls for the courage to defy convention, the resilience to overcome doubts, and the savvy to know when to go around corporate gatekeepers to reinvent what is possible. It means being willing to move forward without having all the answers, while recognizing that inevitably there will be tension and conflict.  It requires an uncompromising faith in experimentation, and a belief that disruption is something you engage, not simply respond to.

Among the practical takeaways Comstock offers in Imagine It Forward:

  • Give yourself permission. Every change maker must learn to give herself permission to push outside expectations and boundaries. 
  • The power of discovery. Discovery is the process of bringing the outside into your organization.  It is about infusing yourself and your team with a spirit of inquiry and curiosity, turning the world into a classroom. 
  • Find a “Spark.’ Bring in provocateurs to challenge established ways of thinking; they can be a powerful catalyst for change. 
  • Story Craft. Strategy is a story well told. To innovate successfully, you have to craft a new narrative about what the organization stands for in order to change how people think and act.   

“Ideas are rarely the problem,” writes Comstock.  “What holds all of us back, really—is fear. It’s the attachment to the old, to ‘What We Know.’” Confronting today’s accelerating change requires an extraordinary degree of problem-solving, collaboration, and forward-thinking leadership to unlock everyone’s potential.  Imagine It Forward masterfully points the way.

BIOGRAPHY: Beth Comstock is the former Vice Chair of GE, where for twenty-five years she led GE's efforts to accelerate new growth. She built GE's Business Innovations and GE Ventures, which develops new businesses, and oversaw the reinvention of GE Lighting. She was named GE's Chief Marketing Officer in 2003. She served as President of Integrated Media at NBC Universal, from 2006-08, overseeing ad revenue and the company's digital efforts, including the early formation of hulu. She is a board director of Nike. Written about and profiled extensively in the media, from The New York Times to Forbes, Fortune and Fast Company, she has been named to the Fortune and Forbes lists of the World's Most Powerful women.

SESSION HOST: Behavioural Economics in Action at Rotman (BEAR)

:, Megan Murphy, (416) 978-6122

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