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Innovation in Corporate Finance: Creative Budgeting Tips for Intrapreneurs


Corporate Innovation FinanceOne of the biggest challenges that corporate innovation teams face is that results can take years to pay off. The road to success with long-term research and development has many unexpected twists and turns. Failure is a natural part of the journey. Teams need to cast their nets wide, take risks, and navigate short-term losses.

Why the Finance Industry Cannot Ignore Fintech Any Longer

Daniel Burrus

One Hard Trend to watch very carefully is the speed of change that new financial technology start-ups, often referred to as “fintech,” will bring to the finance industry, which to date has a divided opinion as to their impact. Consultancy Deloitte , for example, believes that the wave of fintech companies that are setting their sights on shaking up the world of finance is vastly overrated. The technology behind the virtual currency Bitcoin, called blockchain, has the potential to be a major game-changer in the world of finance. SHARE. The facts speak for themselves.

More Corporations Are Looking to Corporate Venture Capital to Access Innovative Startup Technologies


Corporate Innovation Finance Venture CapitalInnovative startups pose a constant threat to corporations. To integrate some of the dynamism and energy of fast-moving startups, many companies invest in internal R&D, consider mergers and acquisitions, or set up partnerships with new and nimble players in the market.

Five Hubs of High Finance Transformed Into Venture Hubs


Five cities well-known for catering to the elite of high finance are diversifying by embracing a different brand of finance: venture capital. Boston. Los Angeles. London. New York. San Francisco. In the process, they're giving life to vibrant startup ecosystems. Corporate Innovation Innovation Growth + Marketing Startups

Innovation in the Finance Industry

CROWDSOURCING IN FINANCE. Crowdsourcing  in  Finance   Changes  in  the  Last  Decade   Today’s  Crowdsourcing  Landscape   Crowdsourcing  Applica:ons  in  Finance   Banchile  Inversiones  Success. effects – not just on our economy, but on the attitudes that people have about finance. Crowdsourcing in Finance. 3CROWDSOURCNG IN FINANCE This paper covers: 1.

What makes a country innovative?

Innovation Excellence

Government Innovation News Open Innovation Research The Economy education environment Finance legal policyEach year INSEAD team up with the World Intellectual Property Organisation (WIPO) and Cornell University to produce an innovation league table for the countries of the world.  It’s designed to rank the infrastructure and support environment for innovation around the world.

Myth Busted: Does Creativity Need Resources?

Innovation Excellence

Continue reading → Build Capability Creativity Finance Innovation Innovation Perspectives People & Skills Product Innovation R&D Research Strategy Disruptive Innovation ideas Innovation Management

5 Recommended Innovation Portfolio Metrics

Innovation Excellence

Continue reading → Innovation Leadership Management Finance Innovation Management Innovation Metrics innovation portfolio innovation portfolio management Innovation Risk measurement metrics Portfolio Management portfolio metrics Projects risk management ROIInnovation portfolio metrics are different that other innovation process metrics.

Transformative Trends in Life Insurance

Innovation Excellence

Continue reading → Finance Industry Innovation Life Insurance TrendsInnovation is moving at digital speed through just about every industry. The life insurance industry has been trying to jump onboard, but has been moving a bit under the average speed limit.

Six Keys to Making Collaborative Innovation Successful – Webinar and Book

Speaker: Soren Kaplan, Founder of InnovationPoint

sounds like this: “My company says that innovation is a strategic imperative, but. I’m in HR and I have no idea what that means for me.” I could easily substitute. “HR” with “IT” or “Legal” or “Finance.” BOOK GROUP PRESS GREENLEAF The H o w t o C r e a t e a C U l t U r e o f i N N o v a t i o N S o r e n K a p l a n , p h D An Excerpt from. Chapter 4 Step In—Then Step Back.41

Finding Startup Capital That Fits You and Your Business

Innovation Excellence

Continue reading → Finance Business Models Innovation Management StrategyWhat do you do when you're ready to really get your business underway and secure the capital you need to compete in your industry? Find out here.

The Digital Tsunami


Column & Opinion 4G 5G AI automation automotive industry big data china connected car cyber-security cyber-war digital era digital platform disruptive technology driverless cars europe finance fintech global market globalization healthcare IoT IT mobile open source Platform Disruption privacy smartphone social media switzerland technology transformationThese days, when migrants arrive at a refugee camp, one of the first things they ask for is access to WiFi and electricity to recharge their cell phones. Their smartphone is as basic a resource for survival as food and water.

What Makes Up Your Innovation Capital?

Innovation Excellence

Continue reading → Business Models Finance Innovation Uncategorized Financial Capital innovation portfolio management InvestmentSo what makes up our innovation capital and why is it important to know? Should we care, does it matter? would argue it does, increasingly so.

Microsoft buys LinkedIn – Smart move or Dumb move?

Destination Innovation

Finance Innovation Examples & Lessons acquire acquisition autonomy ballmer linkedin microsoft nadella nokiaMicrosoft’s core PC business of office applications and Windows operating systems is in decline so it needs new sources of revenue.  It is splashing out $26B to buy social media business LinkedIn. Will this move add value for Microsoft shareholders or destroy it?

The 3 Things About Data You Probably Don’t Know, But Need To

Digital Tonto

Like energy, talent, finance or any other resource, managing data effectively is becoming essential to competing in today’s marketplace. Related posts: 4 Things Managers Need To Know About Data. If. [[ This is a content summary only. Visit my website for full links, other content, and more! ]]. All Posts Management Technology

The State of Crowdsourced Innovation in 2016: Multi-Industry Benchmark Study.

INDUSTRIES REPRESENTED 7SPIGIT 2016 STATE OF CROWDSOURCED INNOVATION Finance Healthcare Manufacturing Construction Energy Telecom Pharma Technology Retail Consulting Public Sector CPG Insurance In recent years however, more and more companies. A Multi-Industry Benchmark Study 2016 STATE OF. CROWDSOURCED. INNOVATION A Multi-Industry Benchmark Study 2016 STATE OF. CROWDSOURCED. next big thing.

Consumers Driving Technological Change in the Financial Industry

Daniel Burrus

Big Ideas Innovation Leadership Mobile Strategy Technology Transformation Disruption Disruptive Technology Finance Financial IndustryThe financial services industry has been notoriously slow to adapt to the evolving technology landscape and its customers’ digital demands. In yet another twist to a modern tale, it was recently revealed that it was consumers who were leading yet another round of disruption in the banking and insurance sectors. Has your business adopted an Anticipatory Organization™ Mindset? SHARE. Are we unwittingly creating a divisive society?

Innovation for Financial Services

Innovation Excellence

Finance Innovation Strategy Financial Services Financial Services Innovation FinTech InnoFinInnovation for financial services is to a large degree around using technology to disrupt various business model components. The focus is on achieving economies of scale, increasing efficiency, and facilitating peer-to-peer in-teraction. Regulators should be seen as a friend rather than an enemy.

How to Make Your Design Thinking Program Turn Into Something Real


Many of them related to the development of new products inside large companies in industries such as finance, health, education and consumer goods. Why do a large part of the design thinking projects in the corporate world never pass through the prototype phase? In recent years I’ve been involved with many design thinking initiatives.

Business sustainability and cost of equity

Norbert Bol

In the October issue of the Journal of Corporate Finance an interesting study is presented on this topic by Ng & Rezaee (2015). Journal of Corporate Finance , 34 , 128-149. Strategic Management CSR Finance SustainabilityThere have been many studies towards sustainability and its effect on the cost of equity of a firm. This study not only includes the individual dimensions of sustainability performance as prior research has done, but it also includes the overall relationship. This is in line with prior research. Norbert Bol. Literature. Ng, A. C., & Rezaee, Z. 2015).

Study 20

Return on investing in social sustainability

Norbert Bol

Strategic Management CSR Finance SustainabilityNowadays, many companies engage in social causes that are aligned with the social concerns of their customers. In the Strategy Blog “ Business sustainability and cost of equity ” it was shown that social sustainability has a more indirect effect to business performance. In the November edition of the Strategic Management Journal Fosfuri et al. 2015) show the effects of social event sponsorship in relation to the timing of new product release, product lifespan and pricing. Norbert Bol. Literature. Fosfuri, A., 2015). link].

What’s New in Crowdsourcing?


News climate change crowdsourcing finance gaming industry healthcare mobile open data open government public policy retail industry science sustainabilityThis month we’ve seen how the crowd continues to contribute in the political arena and in further developing clean and safe cities.

Innovations in Fintech

Innovation Excellence

Finance banking industry FinTechTechnology automation tends to have two phases: In the first phase, automation replaces human decision-making and process with an inflexible set of rules, often creating new problems even as it solves old ones, and shutting out those who may be outliers or may be “exceptions to the rule.”

Are Our Accounting Systems Inhibiting Innovation?

Innovation Excellence

Continue reading → Finance Innovation Accounting Business Models Innovation Management Innovation Mindset Management

I’m joining RevolutionCredit as Chief Scientist

Hutch Carpenter

Tagged: alternative credit , behavioral economics , behavioral science , credit scoring , data science , financial inclusion , fintech , inclusive finance , revolutioncredit. mba alternative credit behavioral economics behavioral science credit scoring data science financial inclusion fintech inclusive finance revolutioncreditA note on my new job. I’m joining the FinTech startup  RevolutionCredit  as Chief Scientist. In this role, I’ll work on developing the next generation of credit scoring methodologies in the financial technology and behavioral science field.

The future of sustainability

Norbert Bol

This is a more ethical appraoch towards sustainability but also to finance and entrepreneurship, where every investor should prioritize an extra-financial stake based on their own criteria in addition to the financial stake. Making these criteria and priorities more explicit will reintegrate finance back within ethics instead of ethics becoming a tool of financial constraint. Research in International Business and Finance. May the New Year open up new ways and new roads to success for you, fulfilling all your aspirations! Norbert Bol. Literature. Nollet, J., 2016).

5 Key Takeaways from the Chief Innovation Officer Summit Sydney

Innovation Excellence

Delegates from a spectrum as diverse as healthcare, media and finance shared how they’re bringing innovation into the Australian enterprise at a time of unprecedented change when even formerly safe industries are under tension. The recent Chief Innovation Officer Summit in Sydney assembled Australia’s leading voices under one roof for a two-day master class on how to innovate.

4 Innovation Lessons from the History of Warfare

Innovation Excellence

They all provided crucial financing for technology that we now carry around in our pockets.  It is a curious fact of modern society that civilian life, in large part, is powered by the technology of war. What do the Hydrogen bomb, the Minuteman missile and precision guided weapons all have in common? Even today, national. Government Innovation Lessons warfare

Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

Second, the leaders of these companies tended to be those who excelled at finance, supply chain or production. But starting in the last quarter of that century and accelerating in this one, a new form of financing – risk capital (angel and venture capital) — emerged. Risk capital has provided financing for new ideas in the form of startups. But it’s not over for Intel.

Specialists vs. Generalists: How Do They Fare in the Labor Market?

Michael Roberto

They discovered that students with broader and more diverse backgrounds and experiences received more job offers and secured higher signing bonuses than those individuals with prior specialization in investment banking/finance both at work and in school. Among MBAs, there’s now a strong emphasis on building a consistent profile as a finance person or a marketing person. Thus, our finance graduates come out with minors in areas such as history, political science, or psychology. They studied approximately 400 graduates of top business schools in the United States.

Interested in Incremental Innovation? Let's Start with Concrete Engagement Programs


As pioneers in these areas, we are wishing to share our experiences and knowledge after helping different large companies in sectors such as food, health, and finances. Working for more than two decades helping companies develop sustainable practices of innovation, Imaginatik has profound experience in achieving successful results through engaging programs. Communities of innovation.

Successful Product Development Campaigns Highlight the Power of Crowdsourcing


Crowdsourcing brought Obsidian closer to its audience and freed it from the need for outside financing at the same time. Smart crowdsourcing yields successful product development. Product design teams can often feel they lack the most important voice in the process: The consumer. Fortunately, crowdsourcing tools allow the innovation process to involve consumers every step of the way. AirBnB.

A Model for Dual Corporate Innovation Management

Tim Kastelle

Financing is covered by a corporate fund, following a staged investment approach. As reiterated by Tim Kastelle in the previous post , it’s imperative to distinguish discovery from execution when it comes to startup and innovation activities – bearing in mind that both are equally important. This Therefore, it’s titled  a model for integrative innovation management.

Consumer Brutal, Chase Bank

Gregg Fraley

Creative Problem Solving (CPS) Creativity and Self-Expression Economic Development Innovation banking Chase bank consumer banking Consumer Brutal consumer finance consumer online banking Creativity EU banking finance innovation in consumer banking internet security JP Morgan Chase online banking US banks USA bankingYesterday’s Innovation is Today’s Expectation. I do my banking online, as much as is possible. As an innovation it’s remarkable — not having to mail checks to pay bills is wonderful. Online banking saves me time. It’s magic. So I had to go.

John Harrison – the master craftsman who solved the Longitude Challenge

Destination Innovation

He spent time networking and raising finance. He used networks, collaborators and important contacts to raise finance and gain influence. On October 22 1707 a fleet of the Royal Navy under the command of Admiral Sir Cloudesley Shovell encountered severe weather near the Scilly Isles off the south-west coast of England. He was born near Wakefield in 1693, the son of a carpenter.

Research Policy added to FT journal list

Open Innovation

Based on a vote this month by the deans of 140 business schools, nine journals were added to the FT list Human Relations Journal of Management Journal of Management Information Systems Journal of the Academy of Marketing Science Manufacturing and Service Operations Management Research Policy Review of Economic Studies Review of Finance Strategic Entrepreneurship Journal and four were dropped Academy of Management Perspecties California Management Review Journal of the American Statistical Association RAND Journal of Economics The complete list of journals is listed below.

Are You On a Salvage or Launch Mission?


In the Venture Capital world we call this financing risk – putting good money after bad on the hope that at some point, Einstein’s Law of Insanity* will be wrong and the salvage mission becomes a successful rescue mission. Culture Financing Growth Innovation Investing Leadership Opportunity Costs Strategy Sunk Costs Problem is this rarely happens. So, guess what? Move on.

Solving the 10 Most Common Innovation Challenges


The importance of innovation is increasing each year. Some companies are establishing their internal and external innovation teams, focusing more on developing a culture of innovation. This is a change. It is not easy. Resistance can occur due to some practical and psychological reasons inside the organization. Innovation isn’t easy. Prove it. Give the consumer a little credit. Cheap ideas.

Do Ping Pong Sales Predict Tech Downturns?

Michael Roberto

Venture capital financing decreased by 25% in the same time period. Source: Wall Street Journal Zusha Elinson has written a fun and thought-provoking article in today's Wall Street Journal. The article is titled, "Is the Tech Bubble Popping? Ping Pong Offers an Answer." Elinson found that ping pong table sales decreased 50% in the first three months of 2016. Who knows?!

The Path to Becoming a CEO: The Long and Winding Road

Michael Roberto

person who burrows down for years in, say, the finance department stands less of a chance of reaching a top executive job than a corporate finance specialist who has also spent time in, say, marketing. The New York Times published the findings of a fascinating new study by LinkedIn regarding the path to becoming a CEO. They examined 459,000 people who had worked as management consultants at one point in their career. They tried to discern some patterns regarding how and why some people reached the position of CEO of a company during their careers. Or engineering. CEO leadership