Open Innovation in the Financial Services: Growing Through Openness, Flexibility and Customer Integration (Paperback)
  • Open Innovation in the Financial Services: Growing Through Openness, Flexibility and Customer Integration (Paperback)
zoom

Open Innovation in the Financial Services: Growing Through Openness, Flexibility and Customer Integration (Paperback)

(author)
£67.99
Paperback 209 Pages / Published: 19/10/2010
  • We can order this

Usually dispatched within 3 weeks

  • This item has been added to your basket

Open innovation means gathering new ideas from sources beyond organizational boundaries. It occurs when solutions to address clients' needs are developed in collaboration and the resulting products and services are distributed through a flexible network of partners. Daniel Fasnacht's book, the first of its kind, discusses open business models in the context of the financial services industry. He elaborates the drivers for strategic change such as increasingly sophisticated clients or demanding shareholders among other trends, including the recent global financial crisis, and explains why the transition from a closed model of operation to open innovation is vital. Various case studies illustrate how to integrate the client into the firm's innovation process and emphasize the importance of smart client segmentation and a holistic advisory model to serve clients around the globe. Leaders must develop a set of new management practices to be able to invest in multiple strategic directions. They are responsible for giving clients a remarkable experience and for creating social relationship capital based upon an open innovation culture. Open Innovation in the Financial Services provides a much-needed framework for helping to understand industry dynamics in banking and to make the most of organizational energy by using open innovation to sustain profitable growth.

The book comes at the right time and offers a new mindset for business - not only for expansion strategies in general, but especially during turbulent times.

Publisher: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
ISBN: 9783642099960
Number of pages: 209
Weight: 712 g
Dimensions: 235 x 155 x 12 mm
Edition: Softcover reprint of hardcover 1st ed. 2009

You may also be interested in...

Wall Street and the Rise of Hitler
Added to basket
The House of Dimon
Added to basket
Pricing in General Insurance
Added to basket
King Of Capital
Added to basket
£12.99
Paperback
Money and Power
Added to basket
£12.99
Paperback
The Pursuit Of Happyness
Added to basket
Vultures' Picnic
Added to basket
£10.99
Paperback
On the Brink
Added to basket
£24.99
Hardback
Young Money
Added to basket
£8.99
Paperback
Liquidated
Added to basket
£20.99
Paperback

Reviews

Please sign in to write a review

Your review has been submitted successfully.