The Sustainable Innovation Ecosystem

How to build and maintain the Innovation Ecosystem in a Bank (or any Company)

Michal Turna & Ondrej Gálik, Komerční banka a.s. with special thanks to Monika Drobná

The Island of Freedom – Lab for growing the Innovations

Innovation - the only way how to

differentiate

Innovations is the responsibility of a whole company - not only of a few people

On the other side - starting the innovation ecosystem must be separated from enterprise processes

Innovation ecosystem is based on

people - thus the the first step is to find passionates

Discussion is not enough. Experimentation is necessary

Strong C-level commitment drives to vision

Own budget gives the freedom and enables the start-uping

The process of establishing the Innovation Ecosystem

Leaders are more required than managers

Observing, Questioning, Networking and Experimenting - main blocks to build & maintain the Innovation

Ecosystem

The Innovation Ecosystem is the

effective relationship between the ideas, people, money and delivery

Doing things better is not enough – creating new markets is the target

Run first prototypes to prove the Innovation process

Use the inbound marketing techniques to get the feedback and do it better

Start immadiately but small - with few passionates

Innovation Ecosystems – nothing new for companies today

Disruptors World market • Labs outside the mother companies

• Venture funding

• Tottaly independent

• Tons of innovative prototypes

• TOP Bank innovators

• Labs inside the companies

• Own budget • Early stadium • Hiring people • Starts the

first prototypes

• De-banking concept

• Tottaly new business models

• Creates blue oceans

• Provides value instead of utilities

• Corporate Social Responsibility

Czech market

Kick-off • Stop wishing and

start doing

• First start-ups

Meet us • Get confidence • Clear

expectations • See what we can

do

Collaborate

Buy NOW just in 3 steps

1 2 3

• Co-create details • Get excited

• Plan next steps

2 It’s not as complex as it seems. Buying process takes 2 months only.

About authors

Innovating is the new ¨normal¨. Not introducing innovations into the customer experience

wipes you out of the business. Banking segment is not the exception.

Michal Turna Father, Innovator, Entrepreneur, Sport enthusiast, Adventurer

Ondrej Galik Father, Innovator Enterprise architect, Entrepreneur