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Avoid ice ages..

Corporate inertia, quarterly capitalism and techno-hype have together created a rather sad overall picture of how digital services have been introduced.

Far too often in the past digital services have been seen as - at best - side shows and top management support for promotion - badly needed in conservative organisations - have at best been lukewarm. The next episode has then been a very expensive attempt to catch up with competitors. As this cannot be done fast - even with big money - the Ice Ages following inevitable failures,  have been deep and long.

The other extreme was seen during the dotcom boom - any hype was good enough for substantial spending - again followed by Ice Ages.

The best way is to start very early - be very interested in new ideas and new technology - try it out - fail from time to time in small scale - and above all be mature when the bigger steps are needed.


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Bo Harald

Bo Harald

Chairman/Founding member, board member

Transmeri, Demos, Real Time Economy Program,MyData

Member since

04 Nov 2008


Helsinki Region

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This post is from a series of posts in the group:

Innovation in Financial Services

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

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