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Have the Banks already been Disrupted?

Matthew Griffin

“Banks were once the corner stone of the community but today their industry is being disrupted and disintermediated. Every industry is undergoing some level of disruption and for some its more extreme and happening faster than others. Business Models Competition Disruptive Innovation Entrepreneurship Ideation Innovation Open Innovation Product Developments Start Ups Venture Capital banking business strategy cio disruption disruptive innovation fintech

The rise and rise of Entrepreneurs

Matthew Griffin

When I talk to clients about disruption and how the future is already fundamentally changing the paradigms of business I talk to them about the ants but I get them to imagine the people are all Entrepreneurs with a common purpose to create the next big business or industry. Disruption is now closer to your door than it’s ever been before. Disrupt yourself before someone else does and lead the new market rather than being relegated to being a footnote.

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The death of the 20th Century corporation

Matthew Griffin

If you step back thirty years it would be hard to see how anything could usurp or upend any of the world’s largest corporations but today every single one of them from Boeing, GM and IBM to AT&T, Citi and Sears are having to pivot their businesses and find new ways to adapt to the increasing amount of disruption undermining their businesses. The genie is out of the bottle and the pace of disruption is accelerating exponentially.

The Banks Guide to scouting Fintech

Matthew Griffin

Their teams have pre-prepared briefs, mapped against Emerging Technology and Societal trends and they’ll scour social media, Private Equity firms, Venture Capitalist companies and regional Fintech Innovation Accelerator communities like Innovate Finance, Finextra, FinTech50, Startupbootcamp and TechStars to find their new match but it doesn’t stop there, they’re not averse to flying young Fintechs into the UK en masse to take part in speed dating events.

The secrets behind building a Unicorn

Matthew Griffin

What does it take to create a Unicorn – a company that achieves a valuation of $1 Billion or more within five years of first opening their doors and why are there more of them than ever? Today it’s unlikely you’ll go more than half an hour without bumping into a Unicorn or their close cousin the Super Unicorn – a Venture Capitalist term for startups that have soared to $1 Billion to $100 Billion valuations within five years of opening their doors. Development.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.

What is innovation management and why your organization needs it

hackerearth

Understanding Innovation Management. Is it a lack of innovation or an inability to cope with change? Either way, businesses need to identify where they are going wrong because innovation as a business strategy is here to stay. For survival, innovation is almost obligatory (Drucker, 1999). An innovation process “connects upstream idea valuation to downstream production and release to market.” Like any business function, innovation can be managed.