Supporting Innovation With Mike Todasco
Today on the show we have Mike Todasco, the Senior Director of Innovation at PayPal. We talk about what innovation means at a company, and how to encourage innovation both if you are a PayPal sized company and if you aren’t. Mike also shares some information about PayPal’s internal innovation tournament and how they offer incentives for innovation.
01:38 - What does the Senior Director of Innovation at PayPal do?
02:32 - Why should companies innovate?
04:29 - Who should be innovating?
08:26 - Assisting and Guiding in Innovation
11:15 - Introducing Innovation to Companies and Teams: Vulnerability
16:06 - Encouraging Innovation
18:44 - The Concept of Global Innovation Tournaments
24:34 - Giving People Opportunity and Exposure
28:40 - Innovation Tokens
30:59 - Innovation For Small Companies
32:39 - Interesting Innovations