18 — How big engineering companies can act nimble w/Domenico Traverso

Look, we know it’s hard to drive real change within a large enterprise.

Bigger companies are notorious for moving slower when making decisions, adjusting processes, adopting new technology, and so on. There are plenty of reasons for this, and some of them are very good reasons. But as we saw when the Covid pandemic first hit: it doesn’t always have to be that way.

As a member of the Danfoss Power Solutions leadership team, Domenico Traverso heads up the Incubation division that launched in 2021. Devoted solely to fostering innovation in the industry, the Incubation division is comprised of seven business units — each with its own entrepreneurial leader. On this episode of Peer Check, Domenico joins host Adam Keating to share what he’s learned.

Listen as Domenico and Adam chat about:

  • What intrapreneurship means
  • Harnessing entrepreneurial spirit in product development
  • How leaders can drive change within large engineering enterprises
  • Why challenging status quo is an essential component of innovation