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

Qmarkets

As part of the new corporate strategy, Leumi realized that it would need an innovation management software engine to support the initiative. Since deployment, the Bank has run ongoing idea challenges, engaging thousands of the bank's employees in online idea brainstorming to tackle a variety of the company's challenges.

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33 Routes to Open Innovation

Open Innovation EU

Customer activities: Route 22: Crowdsourcing. Crowdsourcing is effective in the early stages of an innovation process because of the fact that it per definition a diverging activity and it results in a wide variety of options to choose from. Route 23: Crowdfunding. Route 28: E-Participation. Route 29: Open Source.