Erich Kruschitz - Navigating Corporate Exploration

The Innovation Show

In this episode of the Corporate Explorer series, we dive deep into managing innovation within large corporations with Erich Kruschitz, CEO of Mavie Next.

Erich shares detailed insights from his journey transforming UNIQA’s exploratory unit into a successful growth engine.

We explore the challenges of building and managing a team for innovation, the importance of clearly defined goals and organisational support, and the nuances of handling acquisitions and integrating diverse company cultures.

Key topics include the concept of ambidexterity, the characteristics necessary for a corporate explorer, and the importance of rituals in celebrating and learning from failures. This episode is packed with valuable lessons for anyone involved in corporate strategy and innovation.

00:00 Introduction to Corporate Exploration

00:34 Sponsor Acknowledgment: Wazoku

01:12 Guest Introduction: Erich Kruschitz

01:58 Erich's Journey and Background

02:28 Building a Team for Exploration

04:22 UNIQA's Strategic Shift to Healthcare

11:08 Defining the Purpose and Scope

19:00 Challenges in Team Building

30:32 Acquisitions and Their Impact

37:51 Celebrating Failures and Learning

41:34 Conclusion and Contact Information

Find Erich here:

https://www.linkedin.com/in/erich-kruschitz/

Erich Kruschitz, Aidan McCullen, UNIQA, Mavie Next, SanusX, Wazoku, Corporate Explorer, innovation, ambidexterity, healthcare, insurance, leadership, startups, entrepreneurs, asset management, risk management, finance, telemedicine, employee health, elderly care