ICT Ep. 2.15 Innovation, Risk and Building Great Teams With Frank Watanabe (2/3)

In Part 2 of 3, Liam and Ted continue their conversation with Frank Watanabe, CEO of Arcutis Biotherapeutics, focusing on what it takes to hire and build high-performing teams in high-risk environments. Frank shares how he approaches hiring beyond technical skills placing strong emphasis on cultural fit, risk tolerance, and the ability to innovate. The discussion also explores how to create a culture where people feel comfortable taking risks and learning from failure. From encouraging teams to challenge the status quo to fostering psychological safety through leadership, Frank outlines what it takes to build organizations that continuously improve. They also dive into aligning incentives, building a mission-driven culture, and ensuring that when a company succeeds, its people succeed too.