24 October 2014

Good for society at large

Bo Harald - ZEF and Real Time Economy Program

303 | posts 991,437 | views 154 | comments

Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

It all boils down to change resistance

02 May 2010  |  2433 views  |  0

I have the privilage to work with innovation streams in several areas and have lately seen the following elements as pivotal:

1. Do we have the capability to create a strong enough vision for the need for change = innovation?  Without Vision – no Enthusiasm – without Enthusiasm - no Innovation.

2. Do we realize that in today’s world you have to engage a wide network from the outset – service providers networking, co-innovation with customers, regulators enabling, brave politicians driving, consumers understanding?

3. Do we realize how many in this wide network have the capability of knowing why NOT and how many are needed with the WHY not attitude?

4. Do we have the so-opinion-shaping mass media with us? Giving credit to efforts driving open and transparent change in both business and public sector services and processes. And then rather naming and shaming those who do not know that “Clinging to the past has never been a good strategy” – or focus only on todays shortages – having forgotten Wayne Gretsky’s universally applicable wisdom: “Do not go where the puck is – go where it is going!”

When we addressed these – so-much-needed-new-ideas will travel fast to good-for-society-at-large innovations.

TagsOnline bankingPayments

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Latest posts from Bo

How long can e-banking keep growing?

26 May 2014  |  1941 views  |  0  |  Recommends 0 TagsMobile & onlinePaymentsGroupInnovation in Financial Services

e-id as bank service storming ahead in Finland

19 May 2014  |  1661 views  |  0  |  Recommends 0 TagsMobile & onlineInnovationGroupInnovation in Financial Services

Banks turbo-driving e-invoicing in Finland

19 May 2014  |  1686 views  |  0  |  Recommends 0 TagsMobile & onlinePaymentsGroupInnovation in Financial Services

Blog post nbr 300 - this time about e-invoicing..

13 March 2014  |  1120 views  |  0  |  Recommends 0

Massive forces needed

10 March 2014  |  1404 views  |  0  |  Recommends 0 TagsMobile & onlinePaymentsGroupInnovation in Financial Services
name

Bo Harald

job title

Chairman/Founding member

company name

ZEF and Real Time Economy Program

member since

2008

location

Esbo

Summary profile See full profile »

Bo's expertise

Who is commenting on Bo's posts

Ketharaman Swaminathan
christopher williams