1.
7th Annual Banking Innovation Forum
Vienna - 16 April 2015
@petervan
Innovation
From Tactics to Strategy

2.
Inspire other people
to dream

3.
How To Make Babies?

4.
THINK
DIFFERENTLY

5.
Bravery

6.
Prototyping

7.
Innovation at SWIFT 13
internal
external
STAFF
PARTNERS
MEMBERS
LABS
EVENTS
BRAND RECOGNITION
CHALLENGES
GARDENS
INNOTRIBE.COM
SCOUTING
Internal
Ventures/Prod Mgt
External
Ventures/Spin-Off
Our
Existing
Market
Our
New
Markets
Others’
Markets
Others’
Markets
EXTERNAL INSOURCING DROP
Discover EvangelizeOrient POC Incubate Implement
Idea
Mgt

8.
Events

9.
Creating
Spaces where
People come Alive

10.
2015 Innotribe@Sibos programme
Day 2
Society
Day 1
Platforms
Day 4
Machine Intelligence
InnoTRIBE Hub
Next to SWIFT Stand
2015 Startup Challenge
Grand Finale on Day 3
Day 3
Innovation Mindshifts
Powerwomen
Millenials

11.
Startups

12.
2014 Global innovation areas

13.
Startup Challenge 2015
+340
applicants
+500
judges
47
semi-finalists
4
showcases
1
final
15
finalists
152 eligible
applicants
1
winner
Eligibility
process
167 eligible
applicants
60
semi-finalists
20
finalists
1
winner

14.
2015 at a Glance
North
America
33%
United
Kingdom
18%
Continental
Europe
18%
Africa
13%
Asia
10%
Australia
&Oceania
5%
Middle East
3%
SINGAPORE
28 May
CAPE TOWN 6 May
NEW YORK
18 June
LONDON 22 April
370
APPLICATION BREAKDOWN
REGIONAL
SHOWCASES
STARTUPS APPLIED
TOP 10 AREAS OF INNOVATION
 Lending
 Payments
 Big Data
 New Banks
 Corporate Business Services
 Investment Management
 e-Commerce
 Personal Management
 Financial Education
 Forex
DIVERSITY
77% 23%
A 43% annual growth
since 2013

15.
2015 Global InnovationAreas

16.
Alumni

17.
SEA OF CHANGE

18.
• Tech:
– SMAC: Social, Mobile, Analytics, Cloud
– Platform, APIs, Horizontal Sourcing
– Data, Automation, Security, Disintermediation, Crowds
• Non-Tech
– New expressions of value: alternative/complementary currencies,,
cred, influence, information assets
– Banking as a platform, Everything as a Service
– New Economies (P2P, Sharing, Attention, Reputation,…)
– Crowd-everything (Credit Cards, Funding, Investing, etc), from Silo to
Open
UNDERSTREAM

19.
FinTech scene is hot, red hot
• Q4 2014: 214 Deals
• 2014: 211 acquisitions
• 2014: Global Investment 2.8B USD in FinTech
• 2018: Global Investment 8 B USD in FinTech
• 1,000 FinTech startups in 17 categories
• 3,000 FinTech startups out there
Source: Silicon Valley Bank, Accenture, Venture Scanner Status: Feb 2014

20.
100M Dollar Club
• Sberbank: 100M
• Santander: 100M
• BBVA: 100M
• HSBC: 200M
• Citi Ventures: undisclosed
• Wells Fargo: undisclosed
• Deutsche Bank: undisclosed
• Barclays: Techstars Lab
• JPMC: 3M, closing 300 branches

21.
MYTHS

22.
Myth of
NO RULES

23.
Rules No Rules
Rules of Engagement – Methods – Culture - People
?

24.
Myth of
ALIGNMENT

25.
10 QUESTIONS
How Real is Your Innovation?
http://petervan.wordpress.com/2013/06/08/10-questions-to-assess-your-innovation-efforts/

26.
Myth of
OPEN INNOVATION

27.
THE
INNOVATION
PROBLEM
IN BIG ORGS

28.
This is the problem…
internal
external
STAFF
PARTNERS
MEMBERS
LABS
EVENTS
BRAND RECOGNITION
CHALLENGES
GARDENS
INNOTRIBE.COM
SCOUTING
Internal
Ventures/Prod Mgt
External
Ventures/Spin-Off
Our
Existing
Market
Our
New
Markets
Others’
Markets
Others’
Markets
EXTERNAL INSOURCING DROP

29.
Clarity
Vision and Intention
What it enables
Focus
Execute
Ship
Get OUT of the Sandbox

30.
Execution
Engine
Catalising
Engine
Behaviour
Engine
3 Innovation Engines

31.
Tactics -> Strategy

32.
CAPABILITIES

33.
KPI -> KCI

34.
Top 10 Areas of Excellence in Key Capability Indicators
(KCIs)
more than twice the average and 4 times the 5th decile
• Thinking as a platform business
• Having or planning open APIs
• Having executives with founder experience
• Engages in open source initiatives
• Makes use of externalized skills and labor sources
48

35.
49
Second order excellence in KCIs, twice the average
and twice the 5th decile
• Using the Cloud
• Developing federated services
• Still retaining founders on executive team or board
• Having a crypto-currency strategy

36.
50
Second order excellence in KCIs, twice the average
and twice the 5th decile
• Making use of lean or labs
• Basing decisions on constant feedback loops
• Acquisition of software companies
• Having some form of public facing ideation process

37.
Embedding

38.
Strategy
(Trends)
Capabilities
(Platform)
NPD
Stimulate
(Events)
Leverage
(Challenges)
Share
(Outside-In)
Brand
Associations
Levers
What it does
StayontheEdge
Validated
Innovations
Learning
Organization
What it enables
Enablers
Heads
Innovation
Other Circles
SWIFT
LAB
Discover
(Strategic
Conversations)
Thought
Leadership
Inside-Out Outside-In
Focus

39.
Want to follow us?
53
Twitter feed @Innotribe #Innotribe
Website wwww.innotribe.com
SWIFT showcase page www.linkedin.com/company/innotribe
Videos www.youtube.com/innotribe

40.
54
Explore new ways of doing business,
collaborate with the right people,
and make things happen

41.
Thanks
@petervan

42.
Let’s Talk
@petervan