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

Paul Hobcraft

New Business Design- Empower Your Business Ecosystem. When looking at radically different thinking and design in business, where Ecosystems become central, you need to ask yourself what industries would benefit from such an alternative design and thinking due to the changing complexities and challenges they are facing.

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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UX for banking: journey + usability + technology

mjvinnovation

UX design has already proven to be a great strategy to help companies prioritize memorable experiences and translate them at all contact points with the user. With the regulation of Open Banking and data sharing by financial institutions, UX becomes an invaluable tool. UX is the future (and the present) of the banking sector.

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What is the prosperity paradox? A refresher on the key to ending poverty. 

Christensen Institute

Prosperity isn’t created through the flood of resources designed to remedy things like low-quality education, subpar healthcare, bad governance, or nonexistent infrastructure. Wells are constructed when there’s no access to clean water. Their power comes from their system solution design.

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Destructive and Constructive Innovation

Jeffrey Phillips

Today I read a long post that claimed that up to 30% of the banking jobs in the US would be "destroyed" by innovation. No longer will we need bank tellers. For every teller job a robot takes away, the robot creates jobs in robot design, robot programming and testing, robot maintenance. However, innovation also creates jobs.

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Our innovation era: creative destruction or destructive creation- which?

Paul Hobcraft

It is often not one parties fault unless they are deliberate in their design. Let’s be honest; the banking industry has not been so innovative in many ways besides enhancing wealth creation by using financial instruments or to sustain the existing ‘world order constantly’. How will we manage the feeding of the world in years to come?

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Our innovation era: creative destruction or destructive creation- which?

Paul Hobcraft

It is often not one parties fault unless they are deliberate in their design. Let’s be honest; the banking industry has not been so innovative in many ways besides enhancing wealth creation by using financial instruments or to sustain the existing ‘world order constantly’. How will we manage the feeding of the world in years to come?