In Episode 14 of Season 7 of Driven by Data: The Podcast, Kyle Winterbottom was joined by Peter Crouch, Group Innovation Director at Lloyds Banking Group, where they discuss why the organisations that thrive in the AI era won't necessarily be those with the best ideas, but those that build the strongest innovation capability, and how large enterprises can adopt startup thinking without compromising governance, risk or customer trust, which includes:

• Why innovation capability matters more than individual ideas.

• How solving the right problem is more important than solving the problem right.

• Why large organisations should adopt startup principles to innovate faster and reduce risk.

• How staged funding and rapid experimentation prevent costly investment in the wrong ideas.

• Why innovation requires a completely different operating model from traditional delivery.

• How regulated organisations can create space for experimentation without compromising governance or customer trust.

• Why embedding innovation into the business creates greater impact than isolated innovation teams.

• How portfolio thinking stops organisations falling in love with ideas too early.

• Why modern engineering platforms are essential for accelerating innovation.

• Why AI should always be driven by business outcomes rather than technology hype.

• How agentic AI is more likely to augment high-value work than replace skilled professionals.

• Why the biggest opportunity for AI in software engineering is removing friction rather than writing code.

• How replacing certainty with a learning-first mindset transforms innovation culture.

• Why treating failure as learning is essential to building innovative organisations.

• How creating intrapreneurs unlocks innovation at enterprise scale.

• Why proving value early is the key to scaling innovation successfully.

• How embedded, personalised financial services could redefine the future of banking.

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