How Digital Process Innovation Can Influence Organisational Change In The Finance Sector

Strategy Driven

The finance sector as we know it is being transformed by new technology. Digital innovation is everywhere, from Big Data to risk management software, and it’s all coming to change in the way that the sector is organised and run. CFOs Must Continue To Innovate.

Dinosaurs, Big Consulting Firms and Disruptive Innovation

N2Growth Blog

Thanks to Professor Clayton Christensen of Harvard University and his 1997 landmark book, The Innovator’s Dilemma , we have a new way of understanding the life cycle of companies and why some market leaders maintain their dominant position and other one-time market leaders disappear.

A Merging of Minds: Finance and Sales Collaboration for Increased Profitability

The Kini Group

You’re sitting at your desk, reading an email from a colleague in the finance department: “We can’t approve the discount on the deal you’re trying to close. A lack of communication and teamwork between the sales and finance departments creates major frustration.

News Flash: Innovation Is No Longer Just a Specialist’s Job. Now Here’s How to Involve Your Whole Workforce Instead

Strategy Driven

The classic method of segregating innovation to a single department, or to a process led by specialists, just isn’t fast enough any longer. What’s needed is a culture in which innovation is the mission of everyone, everywhere, every day. That’s not the purpose of Innovation Engineering.

Innovative innovation myths

Crossderry Blog

Human innovation is the history of porting “applications&# from one language, media, platform, or form factor to another. Crowdsourcing “innovates&# in much the same way, leveraging an existing paradigm but not really creating one.

If You Don???t Lead Innovation, You Aren???t a Leader. (And you won???t stay in business very long.)

Engaging Leader

Conventional wisdom says creativity is the realm of advertising, and innovation the job of product development. We wouldnt expect to find the IT or Finance departments bursting with innovation. Innovation

Innovation in Complex Civic Environments

Mills Scofield

Chris is one of the most passionate people I know about innovating in the civic space where government, non-profit and for-profit intersect. Many of us who work in the civic arena – that wonderful yet perplexing place where the public, private, philanthropic and nonprofit worlds intersect – are frustrated by the lack of innovation that results in sustained positive change. As Michael Porter has said, “Innovation is the central issue in economic prosperity.”

Ideas Don't Equal Innovation | N2Growth Blog

N2Growth Blog

As a result of our conversation, I decided to dust-off an old post, give it a few updates, and pass along my thoughts, which can be best summarized as “ Ideas Don’t Equal Innovation. Without a viral movement, ideas go extinct before innovation.

HR Innovation is Best Achieved Internally

LDRLB

The book is available for free at www.HowManyTheBook.com Naga Siddharth heads HR for the Cloudnine group of hospitals in India and is a Human Technology Innovator according to him.]. And then it occurred to me as to what could be the fatal flaw to aspired HR innovation.

Complimentary Resource – Improving Business Operation Performance With Innovations

Strategy Driven

Improving Business Operation Performance With Innovations. Analytics tools give decision-makers the best possible intelligence about customers, finances, operations, suppliers, and the market. Click here for more information on Improving Business Operation Performance With Innovations.

Four Innovative Initiatives to Attract and Retain Diverse Women

First Friday Book Synopsis

Here is an article written by Tina Vasquez (Los Angeles) for The Glass Hammer, an online community designed for women executives in financial services, law and business. Visit us daily to discover issues that matter, share experiences, and plan networking, your career and your life.” What makes this article especially valuable is the wealth of [.].

The Future of Cities Depends on Innovative Financing

Harvard Business Review

In traditional financing models, it’s just not possible for investors to see their way to a financial return based on some abstract added value of the integrated whole. Innovation in Cities. Social impact bonds could be one of the most innovative and effective.

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One Way to Finance Tech Startups Outside of Superstar Cities

Harvard Business Review

Local innovation bonds could help fund ventures in new areas. Economy Entrepreneurship Innovation Digital Article

How Blockchain Is Changing Finance

Harvard Business Review

But the solution to this innovation logjam has emerged: blockchain. The unstoppable force of blockchain technology is barreling down on the infrastructure of modern finance. Our global financial system moves trillions of dollars a day and serves billions of people. But the system is rife with problems, adding cost through fees and delays, creating friction through redundant and onerous paperwork, and opening up opportunities for fraud and crime.

“Goodbye Mr. Jones”: The End of the Dow as an American Index

Mills Scofield

This is taken from The Intercollegiate Finance Journal (IFJ) is an undergraduate student-run journal about how current finance, economics, business and technology issues affect students'' lives. Is the concept of national corporations and financial indices outdated? Perhaps!

Using SWOT Regularly Ensures Focus, Flexibility, Innovation

Six Disciplines

The factors may include all of the 4Ps (product, price, place, promotion) as well as personnel, finance, manufacturing capabilities, and so on. By focusing on internal factors, you'll be better able to unearth new opportunities for innovation. . Tough times require tough decisions. During times of economic uncertainty, strategy refinement and execution need to become a top priority for business leaders.

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Are You On Salvage or Launch Mission?

Mills Scofield

In the Venture Capital world we call this financing risk – putting good money after bad on the hope that at some point, Einstein’s Law of Insanity* will be wrong and the salvage mission becomes a successful rescue mission.

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Innovative Leadership in the Wild

LDRLB

I’ve just finished reading another good article about an innovator’s need to open the mind. Articles like these always make me wonder: Doesn’t the other 95% of the business need to innovate, too? Just because innovation is not in someone’s job description, that doesn’t mean it isn’t important to their work. Their reactivity drags down whatever innovations do arise, and it’s really too bad. Innovation creativity innovation

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Innovative Leadership in the Wild

LDRLB

I’ve just finished reading another good article about an innovator’s need to open the mind. Articles like these always make me wonder: Doesn’t the other 95% of the business need to innovate, too? Just because innovation is not in someone’s job description, that doesn’t mean it isn’t important to their work. Their reactivity drags down whatever innovations do arise, and it’s really too bad. Featured Creativity innovation

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How Banks Should Finance the Social Sector

Harvard Business Review

If financing is offered by a bank, the terms are often too onerous. As a result, charities and social enterprises do not have the cushion of external financing to manage their various capital requirements. This model is an innovative way for donors to achieve greater impact.

PRIMO-F Model for Business Development

Rapid BI

Management business growth Business planning business strategy change finance Innovation mike morrison operations performance PRIMO-F PRIMO-F model rapidbi Strategy SWOT SWOT analysis

Are You On a Salvage or Launch Mission?

Mills Scofield

In the Venture Capital world we call this financing risk – putting good money after bad on the hope that at some point, Einstein’s Law of Insanity* will be wrong and the salvage mission becomes a successful rescue mission.

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Peanut- Finance: Swaps as Strategy

Harvard Business Review

This peanut-finance system, which turned the peanuts into food for hospital patients, seems quaint, like tales from 19th century America of rural doctors taking chickens for treating chicken pox. Such peanut-finance systems could drive tax authorities nuts, so to speak. Entrepreneurship InnovationThe news that health care in Zimbabwe can be paid for with peanuts (and sometimes corn and goats) made the front page of the New York Times.

Quotes And Leadership Lessons From Ant-Man And The Wasp

Joseph Lalonde

Wonder leads to innovation – Leadership lessons from Ant-Man And The Wasp Click To Tweet. A Reel Leadership Article Paul Rudd and Evangeline Lilly return in the 20th Marvel Cinematic Universe movie Ant-Man And The Wasp.

A Quiet Revolution in Clean-Energy Finance

Harvard Business Review

Solyndra's example has been particularly stark: it raised over $1 billion in equity finance in addition to receiving a $535 million loan guarantee from the Department of Energy, all prior to a cancelled IPO and the recent FBI investigation upon its bankruptcy. Innovation Sustainability Venture capitalBetween 2006 and 2008, more than $1 billion venture-capital dollars were channeled into startups focused on solar, wind and biofuel technologies.

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Turning The Tables On Your Failing Business

Strategy Driven

Often, these difficult periods are caused by bad business conditions such as low sales, a lack of morale, low funds, and the loss of innovation and dedication. Focus on finance. Entrepreneurship business finances business management entrepreneurship strategydriven

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High Frequency Trading and Finance’s Race to Irrelevance

Harvard Business Review

They represent the logical extension of a topic that’s captured the attention of a lot of great business minds for some time: the ongoing battle between those who view companies through the lens of building something, and those that view it through the lens of finance. It makes no sense to let such finance-oriented, short-term pressures seep into the economy’s innovation engines. Economy Finance

The Problem with the Profit Motive in Finance

Harvard Business Review

It was an event packed with prominent people who work (or worked) in finance, but seem to come from a different, more genteel world than the bulk of modern Wall Street: Bogle, Swensen, former Fed chairman Paul Volcker, former TIAA-CREF CEO John Biggs. It drives hard work, innovation, and the success of the capitalist system. You can make a lot of money in finance doing things that are bound blow up in someone's face a few years down the road. Compensation Ethics Finance

5 innovative ways to launch your small business

Rapid BI

Starting your own business is the ultimate roller coaster, but once you have your concept and your finances in line, it starts to get exciting and the next step is the big launch. Below are five ways in which you can effectively launch your new business: Hold an event Why not hold an event to launch your […]. guest

Scan for the 3 key ingredients of trends to survive in the Expectation Economy

Strategy Driven

If you work for a small firm or a giant organization, in fashion or finance, in Texas or Tanzania, you are competing in a ruthless, globe-spanning Expectation Economy. Innovations. When you scan for innovations, it is imperative that you look beyond what you see as your industry.

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Capital vs. Influence

N2Growth Blog

The bottom line is this; I view one of the primary obligations of venture capital and private equity firms to be to drive collaboration and innovation across their portfolio companies. Financing - M&A Capital vs. Influence Mike Myatt N2growth Private Equity venture capital

M&A Without Buying the Company

N2Growth Blog

or informal efforts produced via someone else’s R&D or innovation efforts, companies often start projects that they don’t finish. Other companies are in need of cash and are willing to sell certain contracts as a financing vehicle.

How the U.S. Can Rebuild Its Capacity to Innovate

Harvard Business Review

From automotive to semiconductors to pharma to clean energy , America’s innovation centers have shifted east, offering growing evidence that the U.S. Local and regional governments also use procurement to drive innovation. Jetta Productions/Getty Images. Many U.S.

5 Words of Encouragement to the Church Planter or Young Leader

Ron Edmondson

They are constantly struggling with leadership issues, finances and simply knowing what to do next. Church Planting Church Revitalization God Innovation Jesus LeadershipRecently I was able to share some encouragement with church planters in Chicago.

3 Places to Find New Church Leaders

Ron Edmondson

In my last church, some of our best leaders on our finance committee, for example, had never served in leadership in the church. Church Church Planting Church Revitalization Innovation Leadership Organizational Leadership

5 Words of Encouragement to the Church Planter or Young Leader

Ron Edmondson

They are constantly struggling with leadership issues, finances and simply knowing what to do next. Church Church Planting Church Revitalization God Innovation Jesus Kingdom Leadership Recently I was able to share some encouragement with church planters in Chicago.

3 Steps to Setting Achievable Goals

Ron Edmondson

Do you TRULY want to do better with your finances? Encouragement Innovation Leadership Life Plan Goals New Years ResolutionsMany people tell me they don’t make resolutions, because they don’t work. They can’t seem to keep them. And, apparently it’s true.

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Krigsman’s 2012 trends: three quick takes

Crossderry Blog

These have the potential of win/win when done right: the customer pays up a bit to get IT failure insurance, the vendor has incentive to execute (or to innovate to improve profitability). Filed under: PMO Tagged: Application Development , Business Structures , CFO , Cloud Computing , Emerging Technologies , Finance , Managed Hosting , Michael Krigsman , Mobility , On Demand , Oracle , SaaS , SAP , SYSPRO , Vendor Committment , Wireless And Mobility.

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What Your Innovation Process Should Look Like

Harvard Business Review

Companies and government agencies often make the mistake of viewing innovation as a set of unconstrained activities with no discipline. In reality, for innovation to contribute to a company or government agency, it needs to be designed as a process from start to deployment. When organizations lack a formal innovation pipeline process, project approvals tend to be based on who has the best demo or slides, or who lobbies the hardest. Innovation Experimentation Digital Article

The Right Way to Spend Your Innovation Budget

Harvard Business Review

Innovation is famously difficult — many projects end up losing money, frustrating employees, and going nowhere. And yet corporations and governments spend billions of dollars annually pursuing innovation. This huge spending would generate more value for businesses and societies if the innovation success rate were just a little higher. Innovation projects often fail because the resources are spent on the wrong kind of innovation.

Peer-to-Peer Small Business Loans Beat the Big Banks On Just About Every Count (& Not Just Because They’re The Only Ones Doing Any Real Lending).

Women on Business

Another source of savings is increased efficiency through state of the art cutting edge technology and personalization: peer-to-peer lenders are one of the most innovative lenders out there, using the newest models and risk analysis algorithms to not only give borrowers the best rates but the best rates personally designed for them. Finally, if you’re a small business, you’re probably fairly innovative and unconventional yourself. Guest post by Dan Azeroual.

Stock Buybacks Aren’t Hurting Innovation

Harvard Business Review

These stock buybacks have come under criticism as a bad investment – the argument being that companies sitting on record amounts of cash ought to invest in innovation, salaries, or at least dividends, rather than pumping up their own stock price through buybacks.

Disarming Landmines Through Strategic Innovation

Harvard Business Review

You might see this fledgling business (Mine Kafon is being prototyped and tested now, thanks to a fully funded Kickstarter campaign to finance its development) as a brilliant act of business strategy. He’s an innovator. Rolling out major innovations must be your top priority.