24 October 2017
Bo Harald

Good for society at large

Bo Harald - ZEF, Transmeri, Real Time Economy Program

347Posts 1,311,230Views 256Comments
Innovation in Financial Services

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  |  2768 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.

TagsPayments

Comments: (0)

Comment on this story (membership required)

Latest posts from Bo

Banks are the enablers for mass market e-invocing

14 September 2017  |  6166 views  |  0 comments | recomends Recommends 0 TagsPaymentsInnovationGroupElectronic invoicing

e-banking 3.0

10 July 2017  |  4836 views  |  0 comments | recomends Recommends 0 TagsMobile & onlineInnovationGroupDigital Banking Trends

Demise of cash

05 July 2017  |  9015 views  |  0 comments | recomends Recommends 0 TagsCardsInnovationGroupDigital Banking Trends

Bank e-id service rules the waves

04 July 2017  |  5864 views  |  0 comments | recomends Recommends 0 TagsRetail bankingInnovationGroupDigital Banking Trends

Real Time Economy for EU - How?

20 March 2017  |  4830 views  |  0 comments | recomends Recommends 0 TagsMobile & onlineInnovationGroupFintech innovation and startups

Bo's profile

job title Chairman/Founding member
location Helsinki Region
member since 2008
Summary profile See full profile »
Independent advisor and board professional

Bo's expertise

Member since 2008
338 posts256 comments

Who's commenting on Bo's posts