Podcase: Embracing An Activist Culture and The Pursuit of Innovation at Stanley Black & Decker
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In my first ten years with the company, you never wanted to fail. Now, we encourage people to take risks. Not risks in the sense of being haphazardly crazy, but if you feel there's an opportunity to succeed with a new product innovation, or a new idea, let’s take the risk.


Don Allan
Chief Financial Officer, Stanley Black & Decker
 

In today's world, a successful culture is as important as a successful product. Yet how do you build a culture and innovation model to create breakthrough value? How do you learn to recognize your own strengths and weaknesses, before someone else does, and how do you use this knowledge to move your organization forward?

In this case study, learn how Jim Loree, and Don Allan, Executive Vice President and CFO of Stanley Black & Decker pursued an activist culture with SBD, and the methods and innovations they pioneered to realize the vision of disrupting from within to keep SBD at the forefront of it’s industry.

In the accompanying episode of the Chief Growth Officer Podcast, Don Allan, Executive Vice President and CFO of Stanley Black & Decker discusses the importance of the CFO as a Chief Transformation Officer. He shares his thoughts on moving innovation along not only internally but also through partnerships and ecosystems. He discusses how his special forces teams are working to accelerate innovation while balancing both current and future demand.



Insights from the CEO

In these audio clips, hear how Stanley Black & Decker Chief Executive Officer Jim Loree thinks about the future and how sustainability can be a force for innovation.


Our mentality is to think about how the world’s changing and what do we need to do for the next 15 years? If an activist was thinking about your situation, where would they see weaknesses or strengths that you can make even stronger than they are today?


Don Allan
Chief Financial Officer, Stanley Black & Decker
 

Associated Case Study

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Embracing an Activist Culture: The Pursuit of Innovation at Stanley Black & Decker:

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