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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. Keep reading to understand this movement and see what the main benefits of Open Banking are! Why are banks investing in Open Innovation? Why are banks investing in Open Innovation? Open Banking is born.

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Embracing the Power of Blockchain Technology

Daniel Burrus

During the digital transformation, we have witnessed traditional forms of physical media fall out of favor as users abandoned their treasure trove of CDs, DVDs, books, magazines and even photo albums to partake in an entirely clutter-free life. We often forget just how much technology has changed our lives in the last few years.

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Innovative Strategies for Effective R&D Budgeting

Innov8rs

Innov8rs | Dreaming big and balancing the books by taking a different approach to R&D budgeting at Siemens Energy. Imagine you have a piggy bank. The dynamic nature of R&D, coupled with rapid technological advancements and shifting market demands, adds another layer of complexity to the budgeting process.

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Tart-up or Start up? Two innovation strategies for established companies

Idea to Value

Start-ups – companies under 5 years old owned by one person or a small team of entrepreneurs and venture capitalists – will innovate quite differently from established companies, which have a history of successful growth and a market share to defend. Here are some of the differences between newly beginning and existing companies.

Strategy 126
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Favourite 2016 books by CEOs

Norbert Bol

Last week McKinsey published an interesting list of books that CEOs read during the summer holdiday season. For the readers of Strategy Blogs I have made a selection of the 2016 non fiction books from the list McKinsey published as they are related to the themes of Strategy Blogs. I have put the selected titles in my favourite order.

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Adjusting to a changing world

Paul Hobcraft

These will be through different approaches to designing and extracting the potential value gained and these, in my opinion, will form around ecosystems and their management, through technology solutions provided by platform providers. Ecosystems need to form to take advantage of many rapidly emerging market opportunities.

Change 217
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Radical Product Thinking with Radhika Dutt

Rmukesh Gupta

In this wide ranging conversation, we host Radhika Dutt, who is the author of the upcoming book Radical Product Thinking: The New Mindset for Innovating Smarter. Here is a quote from the book that I really liked, that sums up this approach. She also shares her thinking about why she calls this leadership book as a leadership book.