In a recent article, The Financial Brand discussed the biggest threats to the financial and banking industry. They included a long list of everything from profitability to making good hiring decisions. However, we thought that there were a few problems that could be particularly fruitful when applied to open innovation systems.
The IoT (or "Internet Of Things") is becoming a more popular topic of conversation these days. Many have already realized this with regard to individual use (say, through fitness trackers) or "smart homes." But the IoT can also have a huge effect on the workplace - here's how.
The financial landscape is changing and the crowd is uniquely suited to help banks and other financial institutions solve some of the challenges they face. In this article, we look at five tech trends and how they’re changing how financial institutions interact with their customers.
When you’re thinking about innovation in the field of travel and transportation, more horsepower, hydraulics, and fuel efficiency might come to mind. But with the pace of change increasing rapidly, it’s difficult to imagine how government organizations and private companies will be able to absorb some of the most exponential and impactful changes that are sure to come in the next decade.
Six major forces are driving change in today’s world. Developing a successful innovation program requires that your organization understand and master all of them.