supply and demand

Frugal Banking: An Opportunity to Create Customer Value in the Future?

Investments that are necessary to innovate and serve customers are no longer sustainable while COVID-19 hastens the need to exploit the potential of digital innovations. Serving customers accurately during unprecedented times requires a new mindset and business model innovations. If banks respond to customer requirements in completely new special situations, they can gain trust and integrity and become winners of the crisis.

Sarah Vandenberg2021-03-24T19:37:07-07:00November 11th, 2020|Categories: Trend Alert|Tags: agile methods, AI, artificial intelligence, Business Model Innovation, chaos, corporate social responsibility, covid-19, customer experience, customer journey, customer service, digital innovation, digitization, economic development, economic growth, empathy, flexibility, frugal innovation, futurology, global innovation index, investment, jugaad, lean method, lean startup, machine learning, maximum principle, mvp, quality of life, resilience, supply and demand, trust, uncertainty|

Modeling the Resource Requirements for your Collaborative Innovation Program

The cost of doing innovation is a key factor in enterprise decision making but open innovation and collaborative innovation have a short history – so how do you go about modeling the cost of launching a collaborative or open innovation program? Doug Collins lays out the territory.

Ideascale2021-12-02T15:17:04-08:00May 17th, 2011|Categories: Collaborative Innovation, Life Cycle Processes, Open Innovation|Tags: challenge driven innovation, collaborative innovation, community, cost of development, Crowdsourcing, Ideation, ideation challenge, innovation challenge, innovation champion, innovation costs, Innovation Management, innovation success, measuring innovation, Open Innovation, resource management, resources, supply and demand|