“The doomsday for traditional banking“

by Dr. Serhan Ili

Being a banker used to mean something. Now, the future for traditional banks looks gloomy for numerous reasons: social networks, low interest rate policies, and government regulations, to name just a few. If you become a banker today, you can count on your image dropping a few notches and on having to simply dream about the fat bonuses of recent years.

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“For us business model innovation is significant.”

Annalisa Gigante, Head of Innovation at LafargeHolcim Ltd.

innoboard-innovation-annalisa-gigante-holcim

Innoboard: There is no consistent definition of innovation. Every industry and every department has their own definition. How do you define innovation with respect to the industry of building materials?

Annalisa Gigante: We have probably the broadest definition of innovation, which is ‘adding value to customers and stakeholders’. That means that our range of innovation is much broader than what I’ve seen in other industries.

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“Sustainability and innovation are not mutually exclusive.”

Dr. Edgar Endlein, Head of Development at Werner & Mertz GmbH

Dr. Edgar Endlein - Innovationsimpulse, Innovationskultur, Innovationstreiber, Nachhaltigkeit, Open Innovation, Produktinnovation

Innoboard: How does a company like Werner & Mertz GmbH hold its own against large corporations such as Procter & Gamble and Beiersdorf?

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10 favorite quotes about Innovation.

“Innovation has nothing to do with how many R & D dollars you have. When Apple came up with the Mac, IBM was spending at least 100 times more on R & D. It’s not about money. It’s about the people you have, how you’re led, and how much you get it.“

– Steve Jobs

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Innovation Management at Ford

Markus Noelle, Technology Planning Manager at Ford

Markus Noelle - Elektromobilität, Geschäftsmodellinnovation, Innovationsimpulse, Innovationsmanagement, Innovationsprozess, Innovationsstrategie, Markus Noelle, Technologieführerschaft

Innoboard: Mr. Noelle, as Technology Planning Manager at Ford, you are working at the forefront in developing new product features for volume vehicles. Why is systematic innovation management so critical to success?

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Interviews

Manfred Mitreiter - Geschäftsmodellinnovation, Geschäftsfeldentwicklung, Trendscouting, Technologiescouting

“Permanently question the existing.”

Manfred Mitreiter, Head of Business-Development & Innovation Management at Hekatron Vertriebs GmbH

Wednesday, October 29, 2014

Innoboard: There is no generally applicable definition of innovation. Every industry and every department conceives it differently. How do you define innovation? Manfred Mitreiter: To me, innovation does…

Rolf Kleinwächter - Innovationskultur, Geschäftsmodellinnovation, Innovationsmanagement, Prozessinnovation, Ideengenerierung

“First, there has to be the commitment of the top management.”

Rolf Kleinwächter, Head of Innovation at Fujitsu

Friday, October 10, 2014

Innoboard: There is no uniform definition of innovation. Every industry and every department conceive it differently. How would you define innovation? Rolf Kleinwächter: In principle, innovation includes the…

Armin Czeppel - Open Innovation, Changeprozess, Changemanagement, Innovationsfähigkeit, Entrepreneurship

“Without courage, vision, and perseverance, innovation is hardly feasible.”

Armin Czeppel, Innovation Manager at Bosch

Tuesday, July 29, 2014

Innoboard: Innovation often fails due to insufficient communication. Why do companies fail when introducing open innovation in the organization? Armin Czeppel: There is a difficult change process backing…

Dr. Martin Meggle - Geschäftsmodellinnovationen, Prozessinnovation, Produktinnovation, Ideengenerierung, Open Innovation

“The attitude to try something new is always maintained”

Dr. Martin Meggle, Vorwerk

Monday, June 30, 2014

If a competitor introduces a new product to the market earlier on, it may be advantageous, explains Dr. Martin Meggle, Head of Development of the household appliances manufacturer…