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When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

caption id="attachment_40714" align="alignright" width="438"] The speed of change in the banking industry has CEOs more concerned than in any other industry. The combined valuation of the top 50 banks worldwide make up almost one-third of this number: a whopping $4.3 banks are among the 10 least-loved brands by the millennials.

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Decision Making in the Era of Growing Constraints (Part 2)

Planview

For Executives An executive needs data-driven, guided decision making to answer questions such as: A recent example: Google search seemed invulnerable to market disruption eight months ago. Disrupt Decision-Making Bias The psychology of decision making is complex. Engineers love to build and deliver value. That’s recency bias.

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When Pundits Say That Robots Will Take Our Jobs, Remember These 4 Things

Innovation Excellence

The number of bank tellers has doubled since ATMs were introduced. In a similar way we don’t expect bank tellers to process transactions any more, but to help us with things that we can’t do at an ATM. Let’s think back to what a traditional bank looked like before ATMs or the Internet. Good service was fast service.

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The Banks Guide to scouting Fintech

Matthew Griffin

“Four of Europe’s largest banks reveal their Fintech scouting strategies and with one exception their approach won’t come as a surprise. As an Entrepreneur you’ve worked 247 365 and seen your bank balance dwindle. Attention is your oxygen so what can you do to stack the odds of being noticed in your favour? ”. Check your Mirrors.

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How Israel’s Oldest Bank Is Engaging Employees to Become a Leader in Banking Innovation

Qmarkets

In 2013, Bank Leumi embarked on a journey to make innovation one of its prime strategic goals. In order to achieve this goal, the Bank undertook an initiative to change their corporate culture, so every employee would see innovation as part of their daily work; an aim they should constantly aspire to.

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Hackathons simplified

hackerearth

It is very, very important, especially in such events. If you want to participate in a hackathon, you just need to know the genre, form a team (either at the event or with people you know), and hack away at a project! Alexa, the voice service behind Amazon Echo, is changing how a consumer interacts with technology.

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How to Innovate and Scale

ITONICS

2 Understand the Four States of Disruption. A good starting point to better understand your industry and the opportunities it offers are the Four States of Disruption. The matrix offers an index measuring an industry’s current level of disruption and the susceptibility to future disruption. Durability. Vulnerability.

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