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When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

caption id="attachment_40714" align="alignright" width="438"] The speed of change in the banking industry has CEOs more concerned than in any other industry. The combined valuation of the top 50 banks worldwide make up almost one-third of this number: a whopping $4.3 billion in 2015.

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Six Internal Innovation Sources You should know

ITONICS

Due to differing customer needs across different markets, the French energy giant Schneider Electric created within-unit bodies for each line of business to manage its own R&D. Deutsche Bank has innovation labs in New York, Silicon Valley, London, and Berlin. Intrapreneurs.

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The enemy is already within. The flood gates are open. Can GE recover?

Paul Hobcraft

GE made a $4 billion bet on connecting industrial equipment via the Internet of Things (IoT) and analytical software with a suite of products called the “ Predix Cloud ”. Well not anymore, GE recently in its 3 rd quarter review revealed its chronic cash position. In reality, its free cash flow can’t pay its obligations.

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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

This article first appeared on the Harvard Business Review blog. In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup.

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6 Internal Sources of Innovation

ITONICS

Due to differing customer needs across different markets, the French energy giant Schneider Electric created within-unit bodies for each line of business to manage its own R&D. Deutsche Bank has innovation labs in New York, Silicon Valley, London, and Berlin. Intrapreneurs.

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Digitization and digital transformation – an overview of the most important topics from the month of November

etventure

Although it has long been possible to apply for a German bank account online, German public authorities are trailing by a significant distance when it comes to digitization. In the area of e-government, Germany had actually hoped to be the front runner in Europe by 2015. In 2015, one in five votes were cast digitally.”.

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Why have a Tech Team in Kathmandu?

ITONICS

How did this happen and why is Nepal a great place not only for culture, food, nature and the highest mountains on earth but for software development as-well? After he told me he is from Nepal, we had a chat about the economy, the culture, and the upcoming and growing software industry. How it all began. Becoming 100 % official.