E54 - Innovation Factory with Author Prith Banerjee

In this episode, our host Preethy Padmanabhan had a thought provoking discussion with Prith Banerjee about his book “Innovation Factory”. Prith is Chief Technology Officer at ANSYS, a leader in engineering simulation. He has a rich career journey as a successful serial entrepreneur, senior executive in large companies. Prior to working in the industry he held distinguished roles in academia. He was listed as FastCompany top 100 business leader in 2009 and has won several awards from IEEE, ASEE and NSF.

In "Innovation Factory: Creating and Sustaining High-Performance Innovation," Prith explores the key factors that contribute to building and sustaining a successful innovation ecosystem within a company. Drawing on his experience as the former CTO of HP, Banerjee provides a roadmap for leaders seeking to foster innovation in their organizations. He stresses the importance of a clear innovation strategy, a supportive culture, effective talent management, and collaboration with external partners. He also examines the role of technology in driving innovation, highlighting the potential of emerging technologies such as artificial intelligence and the internet of things. Overall, Innovation Factory offers a comprehensive guide to building a culture of innovation that can drive sustained growth and success.