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New Business Designs can be delivered through a Business Ecosystem Approach.

Paul Hobcraft

The main framework around the Hierarchy of Business Ecosystems Needs is over on www.ecosystems4innovating.com; in a series of detailed posts on each layer of the Ecosystem construct, take a look at each part in explanations of why each Ecosystem is interconnected and feeds the others. Manufacturing: Challenges: Industry 4.0

Design 147
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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. Why then, is there still resistance to Changing the Bank?

Change 52
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When Building a Culture For Innovation, Form Follows Function

Cris Beswick

While Sullivan’s original theory spoke to the world of physical construction, the universal truth it captured quickly transcended that initial domain. Decades later, the form-follows-function paradigm became deeply embedded across industrial design, software development, and systems engineering disciplines.

Culture 64
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Why should your company be a Business to Experience company?

mjvinnovation

These companies caused an unprecedented movement in the banking sector by elevating the consumer to the role of protagonist in the process of developing new digital products and services. All of this built with a lot of Design Thinking and UX research (user experience). A model under construction.

Company 52
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Personas: how this tool can help with consumer analysis

mjvinnovation

Its construction is based on research. And after this construction, the personas are clustered into groups according to their characteristics. Design Thinking process allowed to develop a solution based on crossing strategic information. Buyer Personas increase bank profitability by 20%. The result?

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L.I.V.E. (Lean Innovation, Validation & Execution): A new, more effective way to manage multiple innovation projects

Idea to Value

Feasibility: The concept is technically feasible with existing technology. Is the fundamental technology or resources required to develop a solution already available in the market? Are there people or partners who know how to use the technology who could help us or join the team?

Project 245
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User experience: ROI and methods to measure your investment in UX

mjvinnovation

More and more, sectors realize the importance of user experience (UX) for business, more recently, banks. Because lately, there have been bank fans (can we call them fans?) fighting on social media to defend their bank. Design Thinking can help a lot in this mission. Indicators that mean a good ROI in UX.