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Innovation through Minimization

Idea to Value

Most banks will only make loans of hundreds or thousands of dollars and only to people with good credit ratings. Yunus’s bank, Grameen, gave tiny loans to entrepreneurs too poor to qualify for traditional bank loans. Muhammad Yunus is a Bangladeshi banker and economist who developed the concepts of microcredit and microfinance.

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Idealize the Answer

Destination Innovation

Staff at a major bank looked for an ideal solution for clients’ needs. Someone asked the question, ‘What if banks were open 24 hours a day, 7 days a week?’ Keeping banks open all the time was part of the original ideal solution but it was very expensive. The post Idealize the Answer appeared first on Destination Innovation.

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Can you take Criticism? And was the Reformation really necessary?

Destination Innovation

Following the collapse of Enron In 2006, Skilling was convicted of federal felony charges relating to Enron’s financial collapse and served 14 years at the Federal Prison Camp in Montgomery, Alabama. They both led their companies to the brink of oblivion.

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71 Innovation Methodologies

Open Innovation EU

Focus stage: Seed Published: 2006 more…. Focus stage: Growth Published: 2006 more…. Citizen-Drive Innovation (World Bank). Focus stage: Seed Published: 2006 more…. Focus stage: Maturity Published: 2006 more…. Focus stage: Maturity Published: 2010 more…. 5R Trend Model (Bosma). Deep Dive (Ideo).

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Favourite 2016 books by CEOs

Norbert Bol

The Intelligent Investor: The Definitive Book on Value Investing —Benjamin Graham (Harper Business, 2006). The End of Alchemy: Money, Banking, and the Future of the Global Economy —Mervyn King (W.W. The Seventh Sense: Power, Fortune, and Survival in the Age of Networks —Joshua Cooper Ramo (Little, Brown & Company, 2016).

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Theaster Gates: “It’s about our ability to shape things.”

Tim Kastelle

Then a couple of years ago, for $1 he bought an abandoned bank building that was scheduled to be destroyed. His installations and sculptures mostly incorporate found materials – often from the neighborhoods where he is engaged and have historical and iconic significance. This turned into a $3.5 million project which opened last year.

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How Can Crowdsourcing Help the Caribbean to Transform by 2040?

IdeaScale

Bush on June 5, 2006. The Inter-American Development Bank/Caribbean DevTrends created a video titled, “Jump Caribbean! Claire Nelson, the founder of the Institute of Caribbean Studies (ICS) located in Washington, D.C. The resolution was officially signed by President George W. You can find a list of events on their website. .