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Four Innovation Lessons We Can Learn from Standard Bank

IdeaScale

Innovation is particularly important for industries that seemingly move slowly, and that’s particularly true of banking. South Africa’s Standard Bank, which has branches across Africa and is expanding to other markets across the world, is an excellent demonstration of why. Innovation starts in the clouds and comes to Earth.

Learning 100
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How Israel’s Oldest Bank Is Engaging Employees to Become a Leader in Banking Innovation

Qmarkets

In 2013, Bank Leumi embarked on a journey to make innovation one of its prime strategic goals. In order to achieve this goal, the Bank undertook an initiative to change their corporate culture, so every employee would see innovation as part of their daily work; an aim they should constantly aspire to.

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Mastering the Art of Virtual Team Communication: Strategies for Success

Leapfrogging

To promote idea sharing among your virtual team, create opportunities for brainstorming and open dialogue. Establish a virtual “idea bank” where team members can contribute suggestions at any time. Virtual whiteboard sessions, for example, can be an excellent way to gather thoughts and inspire innovation.

Strategy 100
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Mastering the Art of Virtual Team Communication: Strategies for Success

Leapfrogging

To promote idea sharing among your virtual team, create opportunities for brainstorming and open dialogue. Establish a virtual “idea bank” where team members can contribute suggestions at any time. Virtual whiteboard sessions, for example, can be an excellent way to gather thoughts and inspire innovation.

Strategy 100
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Leveraging Design Thinking for IT-Business Alignment in Prioritizing Mission-Critical Needs

Tullio Siragusa

For instance, consider a hypothetical global bank launching a new online banking system. In the banking example, this could involve IT team members actually using the online banking system themselves or engaging in dialogue with customers to understand their experiences.

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Blueprint for Bouncing Back: A Design Thinking Guide to Unemployment

Tullio Siragusa

Additionally, banks and other financial institutions might be more flexible than you think. From there, brainstorming becomes more directed. It could pave the way for delightful home-cooked adventures and the joy of discovering discounts that feel like hidden treasures. It begins with recognizing and defining the challenges at hand.

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100 Ways to Be More Creative on the Job

Michael Michalko

Brainstorm daily with a co-worker. Go for a daily brainstorming walk. Invite your customers and vendors to brainstorming sessions. Initiate cross-functional brainstorming sessions. Invite an outside facilitator to lead a brainstorming session. Create an “idea piggy bank” and make deposits daily.