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Seven impacts Open Innovation can have on your bank!

mjvinnovation

It is no coincidence that the financial market, banks specifically, are among the most innovative. The disruptive initiatives that have emerged with external partnerships have kept this sector at the peak of global Innovation. . Keep reading to understand this movement and see what the main benefits of Open Banking are!

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Intentionality and the Differentiating Competitive Advantage 

Planview

My Thoughts Based on 25 Years Working With Transformations Having worked on enterprise transformations for the past 25 years, it’s not surprising to me that the majority of enterprises have not yet transformed to a product model within the last five years and achieved value delivery at a speed we’d associate with digital natives and tech giants.

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Innovation circles the publishing industry

Jeffrey Phillips

If you've followed this blog you know that I believe traditional retail banking is one of those industries. Retail banking is already dead, it just doesn't know it yet. Another industry ripe for innovation is the book publishing industry. Sure, self-publishing is on the rise, and I published my last book (shameless plug alert!)

Industry 100
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Applying lessons from pandemic prepared schools

Christensen Institute

As I reviewed the Prepared Project’s recently-released findings , I was struck by how the critical factors that seemed to help schools weather the tumult of the last two years resonate with the Institute’s innovation theory. The schools also became the community food bank overnight due to necessities created by the pandemic.

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When Pundits Say That Robots Will Take Our Jobs, Remember These 4 Things

Innovation Excellence

The number of bank tellers has doubled since ATMs were introduced. In a similar way we don’t expect bank tellers to process transactions any more, but to help us with things that we can’t do at an ATM. Let’s think back to what a traditional bank looked like before ATMs or the Internet. Good service was fast service.

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Creating high-performing and faster-moving teams

ImagineNation

It seems that every meeting I went to recently, and almost every person I spoke to, mentioned the new book, from the authors of How Google Works – The Trillion Dollar Coach. I dutifully ordered it and once I had the chance, diligently read it. My own Bill Campbell Story.

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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. He sold off slower-growth, low-tech, and nonindustrial businesses — financial services, media, entertainment, plastics, and appliances. It’s often a cattle prod to a stagnant company, or one ignoring disruption by new startups.