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How to transform your organizational culture with Design Thinking

mjvinnovation

It is necessary to consider – and we will talk about this later – that Design Thinking is not just a creative process. What’s more, to develop real innovation, you need prototyping skills, problem analysis, and iterative work. Check out some tips to acculture your team around Design Thinking!

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How to Avoid Innovation Blockers and Activate Amplifiers

Innovation 360 Group

We’ve put together some advice on how to move past the blockers and turn on the amplifiers: The First Design Decision. Every innovation project begins with a series of design choices, but each of these choices has implications for the sort of blocks you can expect to encounter along the path. Blocker # 2: Lack of Purpose.

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Accelerate Innovation — With Experiential Learning

Gregg Fraley

Using experiential learning tools like drawing isn’t really new in innovation process. Sunni Brown , Dave Gray , Dan Roam, and yours truly all use experiential learning tools in innovation projects. Most corporate innovators have no training in using experiential tools. Learn How to Scaffold . The reason?

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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

In this blog post we talk about receptivity to change in Financial Services and some thoughts on how to move forward. It drives innovation to a transactional level and leads organizations to seek the perceived lower risk of acquiring new ideas vs developing them in house. Perhaps the risk isn’t lower after all.

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70:20:10 Rule of Innovation

ITONICS

One of the challenges that companies face is understanding how to manage their innovation resources. Or concentrate more on incremental innovation, improving their current products that already have generated customer interest? Many organizations have adopted the 70:20:10 model to drive innovation. Integration.

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Shifting Radically the Innovation Business Model

Paul Hobcraft

In summary, on results gathered so far: “The results so far suggest that while innovation is a key strategic focus, it’s still taking time to filter down to a day-to-day activity, frequently losing out to other priorities. The front end in many companies is poorly defined and much of the innovation work is incremental.

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Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

These new technologies lead to innovations, often creating new markets and value markets that can impact the established leaders in the industry. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient and efficient services.