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Recently, Strategic Advisor for Innovation Cris Beswick spoke with Owen James events about building a culture of innovation. Here’s what he had to say: Let’s talk about building a culture of EveryDay innovation. It’s one of our favourite topics, not just because I’ve written a book on it but because it really matters. As leaders we have to be thinking about innovation at a cultural level as we seek to evolve our organisations to become next generation businesses. Oh, and […]

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James Goad of Owen James Events caught up with our Strategic Advisor, Cris Beswick to find out what he thinks about innovation. You can read the original post here. JG: Is it possible for the large incumbents to compete with nimble Fin Tech businesses or is it all about collaboration? CB: In reality, for the majority of organisations it’s about doing both. Innovation whatever size of company you are requires collaboration. In the same way, as big companies want to be […]

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Businessman throwing confetti in the air

Earlier this week, Simon Hill spoke with James Goad of Owen James Events, ahead of the upcoming “Meeting of Minds Bank and Brand Distribution of Retail Financial Services” Event, with the aim to explain the importance of innovation in the workplace. You can read the full article on their site here. JG: First things first….and you must get asked this a thousand times… what does Wazoku actually mean and how was it created? SH: Yes, it is a common question. […]

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Just recently, our friends Rob Zerilli and Kathryn Abram made their way to Paris to meet with partner Sopra Steria at the Innovation Crossroads event. Sopra Steria is a European information technology consultancy with its headquarters in Paris, France. The primary business areas of the company include consulting services, system integration and solutions, integration of ERP solutions, implementation of application solutions, as well as subcontracting solutions for providing technical support to users and application maintenance and outsourcing services and operation of […]

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two business persons plan a project

It can be frustrating when crowdsourcing and crowdfunding are used interchangeably, because they are completely different things. The confusion might happen because the words are similar, and they are concepts and words that only started entering the mainstream lexicon in the last few years. This means that more and more people are aware of the words, but the distinct meanings can sometimes be a bit confusing. So, what is crowdsourcing? Crowdsourcing was coined in 2006 by Wired writer Jeff Howe […]

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According to statistics divulged by the profession’s regulator, the number of practising solicitors in England continues to grow. Surprisingly, in the aftermath of the global financial crisis in December 2009, there were nearly 112,600 practising solicitors, a figure that climbed to nearly 135,000 as of April this year. This was an increase of about 20% and in less than 10 years. Despite these somewhat encouraging numbers – one would imagine that the increase would be due to a demand in […]

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  Amazon, Google, Microsoft, Netflix, Facebook, Intuit and Capital One. Just a few examples of high-profile market leaders that publicly attribute their ongoing innovation successes to their commitment to digital experimentation. These firms can expect their creatives to experiment freely and regularly. A few years ago, Google said that it ran between 3,000 and 5,000 experiments annually. And as a user of Google, any time you use the search engine, you are one of these experiments. In a company structure […]

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People Discussion Meeting Give Help Donate Charity Concept

I’ve recently been exploring the charity sector, to gauge interest in crowdsourcing ideas from their employees, partners or customers, as I was aware of several “innovation teams” being setup or already existing within many of the major charities. Charities aren’t utilising their greatest resource My first stage of research was Google (of course). However, I was really surprised to see how little has been written about crowdsourcing innovation in the charity sector.  I decided to investigate further, talking, meeting and […]

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robots

Short little six-wheeled robots could be turning up at your door sooner than you think. The little machines (pictured above) are equipped with nine individual directional cameras, built-in GPS, and is monitored by real people who are able to take remote control if needed. These robots can hold around 2 full shopping bags, or equivalent – perfect for your essentials or some forgotten items (think of this as a more low-key, short-distance version of what Amazon is looking to do […]

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Engagement is a current hot topic and one of the solutions that’s being presented to organisations that want to be innovative. Engaging employees is great and can yield results, but it’s come to a point where organisations have to expand their communities to include external members. There are other stakeholders in an organisation’s sphere that will also have interesting things to say. Customers, partners, suppliers or even competitors, can all be invited to participate and collaborate in Co-creation Communities. This […]

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A pair of cannons at sunset on the Antietam National Battlefield near Sharpsburg, Maryland

Innovation managers and departments are challenged with more than just innovation. Innovation for innovation’s sake is fruitless – and most businesses recognise that innovation can prove to be a powerful strategy to meet objectives around employee engagement, process improvement or culture and brand. But, for many innovation managers, they find that they have the shiny new title and that their departments are growing but the results aren’t happening. Getting innovation programmes off the ground, running effectively and delivering to expectations […]

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Welcome to the Mayoral hot seat, Mayor Sadiq Khan. In the run up to your election victory you vowed to “unite London and be the most pro-business mayor yet.” As a business leader in London that is obviously good to hear, and we look forward to seeing what that means in office and in practice. One of the things you promised was to engage with business, from start-ups to multinational corporations, and to make this a central part of decision-making […]

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Robots are coming

“The robots are coming!” is a very common phrase these days and you may have heard it, even if you aren’t a science fiction geek. In fact, the robots have been on the way for a while, as in the last few years, there have been significant improvements in robotics. News on the impending technological singularity (where computers, networks or robots would be capable of progressively redesigning themselves, also known as artificial intelligence) appear occasionally on the news, sometimes with […]

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European union flag against parliament in Brussels, Belgium

Last week we saw the EU slapping Google’s wrist over the Android operating system and its applications. The European Commission sent Google a statement of objections expounding that Google is abusing its dominant position by imposing restrictions on Android device manufacturers and mobile network operators. These restrictions go against EU antitrust rules and are a threat to a healthy competitive marketplace environment. In the words of Margrethe Vestager, European Commissioner for Competition: “It’s not our job to defend companies; it […]

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Fintech is a word that was introduced in our vocabularies in the last few years and considering that it is a sector that has been consistently growing, it’s not going away. According to data from the Investment Trends in Fintech report by the Silicon Valley Bank, in 2015 Fintech was worth £20bn in revenue to the UK economy. Fintech is driving change What does this mean? It means that small companies introducing new and effective technologies for performing financial transactions […]

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You may have seen our report on the status of innovation in the UK published in October 2015, where we introduced the concept of EveryDay Innovation. This is an approach that implies that in truly innovative organisations, innovation is part of everyone’s job, in every department and role. While this idea makes sense, sometimes knowing what to implement or where to start can be difficult. For this reason, we have come up with a few steps for you to become […]

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measuring innovation

Understanding how to measure your organisations innovation maturity starts with a simple question; what does innovation mean to you? More particularly, is your vision of innovation the same as that of your colleagues, department leaders and individuals across your organisation? To be quite honest, unless your organisation has recently gone through an exercise to build a culture of innovation across the board, I would expect to find differing viewpoints. In fact, even if your organisation has recently undergone an innovation […]

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Ideas Sharing

Sometimes just having ideas is the easy bit – everyone has ideas all the time. But, what constitutes a good idea? This might be a matter of opinion for a lot of people but in business, we could say that a good idea is one that will potentially help generate revenue and growth. Others will improve the lives of employees or even the community around organisations and these are no less important. As we are in the business of helping […]

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innovation and collaboration

As we move away from the battle of the balance sheet and on to the war of winning and retaining customers, firms have to start delivering on the promise of a customer-centric model. Threats don’t just come from FinTech’s relative newcomers, like Nutmeg and Transferwise, that in a few short years have become familiar brands – but also from long established brands with huge customer bases and data; think not only Google and Facebook, but Starbucks and even Dunnhumby. These […]

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what is innovation dictionary

Most of the people making this search are most likely in charge of leading an innovation effort, or at the least, participating in one, and feeling that they need more information to be able to succeed. However, this begs the question – why are those in charge of innovation googling how to do their jobs? Why isn’t this question being answered long before leadership is given? How does Google define innovation? Let’s start by seeing how Google defines innovation: Innovation: […]

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