Credit Union Management. Mar2015, Vol. 38 Issue 3, p12-15. 4p. 2 Color Photographs.
TECHNOLOGICAL innovations and CREDIT unions
The article reflects on the role of credit unions in creation of technological innovations or its adoption. Topics discussed include views of Scott Isaksen, president at professional service firm Creative Problem Solving Group Inc., on investment in innovation, views of Brad Barnes, Credit Union Executives Society (CUES) member, on need of prototyping, and views of CUES member Michelle Merkley on encouraging employees to develop benefits of innovation.
Credit Union Management. Oct2005, Vol. 28 Issue 10, p62-62. 1p.
DIFFUSION of innovations, TECHNOLOGICAL innovations, COMMERCIAL products, MARKETING management, RAPID prototyping, INNOVATION adoption, and INDUSTRIAL research
The article focuses on the concept of everyday innovation while doing regular work. Product innovations are often thought to come from "break-through" ideas conjured up by geniuses in top-secret laboratory. In reality, one can all do things differently in his/her own jobs to create innovation. Some of the most powerful new ideas are considered soft innovations, for which big research and development budgets are not needed. An excellent example is frequent flyer programs. Who could have imagined how they have transformed business travel. A second way to bring new products to market is through value innovation, such as the "Blue Ocean Strategy" discussed in the October 2004 issue of Harvard Business Review.