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Sparking Innovation at Your Credit Union: Insight for Board Members

Where You Truly Matter. Sparking Innovation at Your Credit Union: Insight for Board Members. Presented by Shari Storm October 10, 2012. Where You Truly Matter. Surround Yourself with Innovative People. Diverse interests Opinions about the future A bit off-beat

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Sparking Innovation at Your Credit Union: Insight for Board Members

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  1. Where You Truly Matter Sparking Innovation at Your Credit Union: Insight for Board Members Presented by Shari Storm October 10, 2012

  2. Where You Truly Matter Surround Yourself with Innovative People • Diverse interests • Opinions about the future • A bit off-beat • Low fear of failure • Persistent / tenacious • Good communicators

  3. Where You Truly Matter Develop an Environment of Experimentation • - Fail fast and forward • Say “Yes, and…..” • Avoid the great echo chamber • Formalize the ideation process • Support Filenes’ i3 and other groups like that

  4. Where You Truly Matter IDEO Example

  5. Where You Truly Matter Group Activity Association Exercise By Vongola Consulting www.Vongola-Consulting.com

  6. Where You Truly Matter How Can You Become More Innovative? • Exercise the creative side of your brain. • Practice spotting trends. • Befriend young people.

  7. Where You Truly Matter Reading List… • Blue Ocean Strategies by W. Chan Kim & Renee Mauborgne • The Innovators Dilemma by Clay Christensen • Banking 2.0 by Brett King • Filene’s white papers

  8. Where You Truly Matter Thank You…. www.linkedin.com/in/sharistorm www.facebook.com/sharistorm @sharistorm www.sharistorm.com Shari.Storm@veritycu.com

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