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Agenda: Day 1 (5 March)

Why: the new reality - industry pressures reshaping the industry
  • Open innovation in and beyond the financial industry
  • The emergence of disruption in markets, behaviours and geographies
  • Group discussion - your business drivers for open innovation
Exploring the open innovation ecosystem
  • Look deeper at the full range of Open Innovation methods
  • Selection - which do you choose based on your desired end goal
  • Group activity – mapping what do you currently do and why?
Innovation models: frameworks for industry change and organisational adaptation
  • Case studies of open business models in and beyond financial services
  • Dissecting, designing and developing new business models
  • Group activity - Templates for industry competition and cooperation
Open innovation engagement - what can you do?
  • Integrating external partners into your innovation process
  • Improving your ability to work and co-create with the external ecosystem
  • Group exercise – developing your open innovation blueprint

Agenda: Day 2 (6 March)

Enhancing open innovation & building the adaptable organisation
  • Obstacles and stumbling blocks on the road to open innovation culture
  • Addressing, the people and cultural issues needed to successfully change
  • Group activity - Developing your open innovation capabilities
Building your open innovation toolkit
  • Obstacles and stumbling blocks on the road to open innovation programme
  • Addressing, the process, and systems needed to successfully change
  • Group activity - Developing your open innovation tools and processes
Practical case studies: thoughts of success and failure across the sector
  • Big Bank
  • Challenger Bank
  • Regulator
  • Start-Up
Practical group exercise: applying what you know
  • Small group focused case study and proposal development
  • Apply different models discussed in day 1
  • Develop a strategy proposal for directing the company in the face of industry level pressures
Project presentations
  • Teams present their different proposals
  • Group analysis and feedback of proposals and their strengths and weaknesses
So what? Reflections & considerations
  • Developing your action plan
  • Looking at tangible next steps for your innovation activities
  • Key takeaways