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Innovation, new, groundbreaking, game changer, revolutionary, creative

AND-I's

Rise of the AND-I’s

Make way for the And-I’s. And-I’s are my name for a new phenomenon I’ve noticed in financial services job titles. “And-I” stands for the words “and innovation” tacked on to the end of existing job titles. Your “Head of Digital Banking” is now “Head of Digital Banking and Innovation“. Boom. You’re now in the innovation game. […]

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Innovation is an Act of Leadership

The average lifespan atop any corporate leaderboard, whether it’s the Fortune 500 or any other peer group listing, is getting shorter and shorter. Business cycles are growing increasingly brief and volatile. Yesterday’s top companies are soon long forgotten, and today’s leaders are already watching out for tomorrow’s darlings in their rearview mirror. Success is unfortunately a poor teacher. We […]

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Your Fast Follower Strategy is Riskier Than You Realize

In my last post Leaders, Learners and Laggards I talked of banking leaders who describe their approach to innovation as being a “fast follower, and how my typical retort is that they are half-right— most of them are definitely followers, but there usually isn’t anything fast about their approach. This has spurred some great discussions […]