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Overcome resistance and capture growth in the Financial Services Industry

Innovation 360 Group

In this blog post we talk about receptivity to change in Financial Services and some thoughts on how to move forward. We can embrace this opportunity by combining 21 st tools with industry expertise to deliver products and services that exceed our customers’ expectations. Dealing with uncertainty demands innovative ideas.

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PESTLED360: Iron Out Key Driving Forces in Your Current Environment and Anticipate Future Ones

Innovation 360 Group

PESTLED illuminates current influences, but more importantly, it alerts you to rapidly approaching changes and market dynamics across industries. This could for instance be future competitors or collaborators and the force could be competition from new entrants. Understand an industry or region and preparing for change.

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Two strategic approaches to innovation: incremental vs radical

The BMI Lab Blog

This approach is very popular because it reduces the risk that radical innovation usually takes. Moreover, companies with great human capital, resources, and capital find that is much easy for them to follow this innovation path, which brings clear advantages, such as: Helps companies remain competitive.

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The core principles of Leading FOR Innovation

Cris Beswick

I’ll unpack the core principles of ‘Leading FOR Innovation’ and share approaches to help overcome the organisational antibodies that often stifle innovation, empowering teams to unleash bold ideas that can reshape your industry’s future. Horizon 1 activity has lower risk but also lower return.

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5 Misconceptions to Avoid When Building Your Innovation Strategy

Qmarkets

Innovation — a necessary component of any successful business in the modern world. Regardless of the industry your business falls in, innovation can keep your team ahead of the trends and competitors and foster stability and consistency within your strategy. Companies often develop execution plans for great ideas as they arise.

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Choosing your direction of travel

Paul Hobcraft

In the past week or so, I have been looking a little harder at the Chemical and Pharmaceutical Industry relating to innovation, it left me a little frustrated. I felt that warm and fuzzy feeling, as I read all too often those comforting words or platitudes of how “innovation is vital to us” and one of the “highest areas of focus.”

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HLL Hyreslandslaget AB Best-in-Class Service Innovation Across Europe

Innovation 360 Group

By leveraging both incremental and radical innovation strategies, an approach strongly correlated with increased capability in our own research , they have been able to gain a huge competitive advantage in a very conservative industry. Now they are strongly positioned to act on this advantage.