Remove Banking Remove Competition Remove Disruption Remove Leadership
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Intentionality and the Differentiating Competitive Advantage 

Planview

When you transform one value stream, that value stream shows the improved benefits of speed to customer value, greater security, reduced errors, and risk mitigation of digital disruption. Speed of software delivery is either a competitive advantage or a startling disadvantage in the digital age. They design for speed of business.

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Open Banking: what it is, how it works and why invest ASAP

mjvinnovation

In this movement, the term Open Banking becomes a promising reality. In this article, we will demystify and simplify the open APIs concept for banks. Keep reading to see what benefits are for banking institutions, their customers and more! The banks’ challenges with Digital Transformation. What is Open Banking.

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Innovative Businesses Prioritize Creativity

Daniel Burrus

Most notably, older organizations are the ones that place creativity in one column and positive disruptions via innovation in another. For example, Citibank started as the City Bank of New York in 1812, making them over 200 years old! And why might a company lack innovation? Let’s go back to our example of Citibank, for instance.

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

Idea to Value

Different appetites for disruption. Established companies have a cash flow from their current business, assets or goodwill to mortgage, a proven record with banks. The mindset of competition and customer satisfaction in known areas is different from that of creating new business models. They can lead to cost leadership.

Strategy 126
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Disrupting Markets – Why PayPal Is Worth More Than Ebay

Adam Hartung

eBay has run into stiff competition, as CraigsList has grown to take over the “garage sale” and small local business ecommerce. Because once in a growth stall the company has already missed the market shift, and competition is taking customers quickly in new directions. So eBay bought fledgling PayPal for $1.5B

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Dow and DuPont – Nobody wins when transactions replace leadership

Adam Hartung

And it is too bad the leadership wasn’t in place to save it. Many felt leadership was over-spending on overhead costs like R&D,product development and headquarters personnel. And think of the size of the investment banking and legal fees!!!! Competition will be reduced short-term, so there will be less price pressure.

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Proving the Value of Innovation: How Innovation Departments Measure Their Impact

Innov8rs

Click to play the full session recording The Evolving Role of Innovation Departments Innovation departments maintain a company's competitive edge through continuous reinvention and adaptation. Misalignment between innovation objectives and what leadership values can pose a significant challenge.