Navigating Despair in Innovation
summary
A six-year experience in a large bank’s innovation department, describing many initiatives that mostly failed because new solutions weren’t adopted and ended up unused. It explains the challenges faced in innovation projects and the lessons learned about how to enable adoption so that new ideas actually generate value.
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chapters (12)
- 0:00Introduction
- 1:02Innovation challenges in banking
- 3:10Failed disruptive project
- 5:40Reflecting on setback
- 7:10Rebuilding strategies
- 10:24Political battles
- 12:15Lessons learned
- 13:41Innovation consortium
- 15:30Challenge of adoption
- 17:17Change Surfers
- 18:02Open source release
- 19:24Team restructuring
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