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

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

2 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

3 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

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


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