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Seven impacts Open Innovation can have on your bank!

mjvinnovation

Why are banks investing in Open Innovation? New technologies and new consumer behaviors are forcing banks to move. Those who best exploit Innovation are those who can compete and keep up. The 2008 financial crisis was decisive. Numerous experts point to the 2008 global financial crisis as an epicenter.

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Top 10 yet2 Blog Posts of 2018

Yet2

Our team wrote a number of widely read blog posts in 2018, spanning the topics of artificial intelligence (AI) and machine learning, adjacency in tech scouting, startups and their comparative value proposition, anonymous searches in tech scouting and more. Tech Scouting Blog Posts. Here’s a recap of those blog posts.

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“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

Using the right innovation (tool) for the job. Arguably, the principle of Open Innovation was utilized for the first time by Professor James Murray in 19th Century Oxford, England. A History of Open Innovation. The Innovation Gamble. Lego – Bankruptcy.

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“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

Using the right innovation (tool) for the job. Arguably, the principle of Open Innovation was utilized for the first time by Professor James Murray in 19th Century Oxford, England. A History of Open Innovation. The Innovation Gamble. Lego – Bankruptcy.

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Innovating in an Economic Downturn

Innovators Alliance

As Apple has proven to the world, a robust innovation pipeline is the key to success, regardless of the economic environment. And its iPad was introduced during the 2008 downturn. Go Bargain Hunting In a downturn, good deals can be found in the form of technology licensing and acquisitions.

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Typology for Innovative Organizations

Open Innovation EU

New generations, societal change, sustainable goals and disruptive technology require organizations to be much more flexible, self-reinventing organisms that don’t fit above-mentioned design principles. They require openness, transparency, adaptability, co-creation, self-management and responsiveness. References. Jelinek, M.,

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Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

job losses skyrocketed during the peak recession years 2008-2010 Given the devastating impact of the 2007-08 financial crisis, it’s little wonder that companies worldwide are sensitive to omens of a new “great recession”. During the 2008 financial meltdown, the coffee shop giant launched its “My Starbucks Idea” platform.