Innovation in the finance sector
The Future Economy Network are really excited to be co-hosting this business breakfast with our subscribers Strategic Innovation.
The aim of this event is understanding how to develop new services and improve business performance is essential to meeting the increasing demands of global competition. Normally this is thought of as the role of innovation. Much is written about innovation – but is heavily focused on technical product development. The service sector, and especially finance and law are missing out.
This workshop provides a practical understanding of the key methods used by the world’s most successful innovators. You will learn tools and techniques carefully selected to address the needs of service organisations.
a) Understand what innovation is / what innovation means and why it matters
b) Introduction to some of the systematic innovation tools we use
c) Applying the tools in your sector
Most people think innovation is about product development and applies most to technology companies. At Strategic Innovation, we think it’s much more than that and it applies to you, your team, and your company - whatever your industry or your mission.
This workshop will give you another perspective on innovation and help you to be the change you want to see….
Paul Frobisher, Director at Strategic Innovation, will start by running us through our model of innovation and how it applies to every company, even you! We’ll then take a look at some of the systematic innovation tools we use to innovate, followed by an interactive workshop where we’ll apply some of these powerful tools to challenges in your industry.
What is innovation?
How current innovation models are misleading
Innovation as a process – the “box model” - innovation as strategy
Innovation means more than new products or services – it is about impact – the legacy of your business
Introduction to tools and Systematic Innovation Methods
Ideality and S-Curves - the dynamics of innovation
Contradictions / Inventive principles – the DNA of invention and solving problems
ME/WE – mapping tangible / intangible outcomes
“Where to Innovate” – the foundation of business / service innovation
Group Workshop – real world application
A facilitated session to map out your specific situation and apply the tools to get a practical feel for the power of the method.
Writing down “So What?” and “What next?”
4 Who Should Attend?
The workshop is targeted towards non-technical sectors – finance, law, investment, insurance, governmental, non-profit or 4th sector.
Anyone in such organisations either interested in or responsible for developing the future direction of the organisation should attend – especially senior management.