Published: Feb. 25, 2019, 9 a.m.
Greggory R. Garrett is the CEO and Managing Director of CGS Advisors, a boutique strategy and innovation advisory firm. As such he pushes the limits of corporate cultures by developing and implementing unique strategies that capitalize on technology-oriented disruptions to industries and markets. In 2017 he founded and chairs Connected Detroit Innovates, a membership-based business renewal accelerator made up of Chief Innovation Officers.
Gregg has received numerous professional and civic accolades. He is a member of Oakland County\u2019s 2015 40 under 40, a recipient of Oakland University\u2019s Distinguished Alumni Service Award, a Rotary International Paul Harris Fellow, amongst others.
What you\u2019ll learn about in this episode:
- Why starting his first company at age 16 set Gregg on the path to lifelong entrepreneurship
- Why Gregg chose to leave his previous employer and create CGS Advisors, and what work CGS does for their clients
- Why Gregg titled his book \u201cCompeting in the Connecting World: The Future of Your Industry is Already Here\u201d
- How the idea for Gregg\u2019s book came about, and why the writing of the book happened organically as his ideas spread
- Which important lessons Gregg feels are the biggest takeaways from his book, and how to take action on those points
- Why complacency is dangerous, and why mid-sized firms who are doing \u201cwell enough\u201d are often adversely affected by new technologies
- Why \u201cstructural inertia\u201d and \u201cdominant logic inertia\u201d are the two main threats to a company that can cause it to stand still
- How to break out of your own patterns and take brave steps to shake up your business
- What influential lesson Gregg learned from his grandfather that shaped his career and business philosophies
- What four key strategies and pieces of advice Gregg wants to share with business owners
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