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Change the Bank: banking industry rules are changing

mjvinnovation

We have already mentioned the importance of the cycle of Run the Bank to Change of Bank and how urgent it is to monitor these transitions to remain competitive. Open Banking is a game-changer that alters the entire configuration of the banking sector. As with most disruption, those who do not adapt will die.

Change 52
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Intentionality and the Differentiating Competitive Advantage 

Planview

Last month, Planview released the inaugural 2023 Project to Product State of the Industry Report , and it is well worth the read. 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.

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Future-Proofing Financial Market Innovation – Fighting Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient and efficient services.

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Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient and efficient services.

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Why Financial Organizations Must Fight Digital Disruption with Digital Disruption

Qmarkets

The term ‘Digital Disruption’ describes the situation where an existing industry is being altered by emerging digital technologies. Financial organizations of all shapes and sizes are being disrupted by small, agile, innovative and technology-oriented companies which offer convenient and efficient services.

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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. To accommodate uncertainties inherent in innovation projects, it’s best to use ranges instead of fixed numbers.

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Business model innovation: a core capability for disrupting your industry

hackerearth

This means that you can alter parts of the business model and make conscious changes to create a competitive advantage. This implies that business model innovation is no longer a strategy only to gain competitive advantage, but it is an imperative core capability to adapt to the rapidly changing world. Source: McKinsey.