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

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Presentation transcript:

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 Where You Truly Matter - Diverse interests - Opinions about the future - A bit off-beat - Low fear of failure - Persistent / tenacious - Good communicators

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

Where You Truly Matter IDEO Example

Where You Truly Matter Group Activity Association Exercise By Vongola Consulting

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

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

Thank You…. Where You Truly Matter