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Open and Closed Innovation: what are the differences?

mjvinnovation

When we think of Open Innovation, it is tempting to associate it with the opposite of Closed Innovation, the traditional one, generated by our own efforts in organizations, without the aid of external entities and agents. In fact, the best thing to do is to think of these two concepts as complementary.

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Fostering Innovation with Technological Solutions – Part 1

Wazoku

This two-part series will explore the topic of a session I recently gave at a Design Thinking and Business Innovation Summit. The series opens by considering how organisations are using various technology solutions to tackle everything from continuous improvement through to grand challenges.

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How banks can build customer loyalty through design

mjvinnovation

In this article, we will explain how Design can provide a differentiated experience for your customers. Remember: UX is gaining more and more relevance in the scenario we live in today and can help you to win over the hearts of passionate and willing communities. However, we cannot forget other devices, such as browsers.

Design 59
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Change the Bank: banking industry rules are changing

mjvinnovation

We have no way of answering that question, but we know that the truth is this: the rules of the financial market are changing, and it’s no surprise. 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. Follow along!

Change 52
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4 Ways to Amplify Digital Innovation in 2018

Gregg Fraley

The challenges facing innovation leaders, facing 2018 is — how do you integrate new digital capability? This is not innovation as we once knew it. This is not your Dad’s innovation. It’s not even Your Innovation of five years ago? How do you innovate across your entire value chain?

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Hence, I gave it some thought, starting by revisting an earlier reflection: Beginning of 2013, Tim Kastelle and I identified four key issues in innovation management for the time to come. Let’s have a brief look at each of them: Differentiating and integrative innovation concepts.

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The Challenges being Faced by Innovation Consultants

Paul Hobcraft

From my perspective I’ve been looking at a real challenge today, that many consultants offering innovation services are not providing real sustaining consulting value to clients, only ad-hoc services. I think if this trend continues it will be a mistaken course. Innovation solutions simply need to be crafted in my opinion.