IDEO has been exploring the future of #finance with Last Mile Money, an innovation program that accelerates new financial products for those who traditionally have been excluded from financial systems. We're inviting other companies and startups to join us in making this a reality. Over the next 10 years, we predict three seismic changes in the world of #money: ✅ Digital products will be built for women, not adapted to include them ✅ The last mile will not be defined by location, but by network access ✅ Our everyday lives will be enabled by a seamless layer of AI-driven, embedded finance Discover more about what it will take to make the future financially inclusive: https://lnkd.in/exRnBWfx
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Daily research from FinTech Global Over two-thirds of investors want digital experiences on par with those offered by digital-native firms ThoughtLab conducted a global survey from September to November 2023, engaging 2,000 investors from diverse backgrounds in terms of wealth, age, gender, and location. The participants were from four regions: Asia Pacific, Europe, the Middle East, and North America. The majority of respondents were either mass affluent or high net worth individuals, with Gen X being the largest age group represented, followed by Baby Boomers. Client demands are reshaping the investment industry, driven by investor expectations for digital experiences comparable to those provided by digital-native companies. More than two-thirds of investors are now seeking digital interactions on par with leading tech firms, with 51% open to investing through major retail or technology brands if possible. Additionally, a significant portion of investors desire a more comprehensive service approach from their providers. Sixty percent are calling for enhanced digital tools that allow them to manage their investments independently, without relying on financial advisors. This trend is likely to intensify with the rise of the next generation of investors, who are accustomed to the digital excellence of e-commerce platforms. For 58% of Gen Y and Z investors, superior digital applications, tools, and platforms are essential criteria when selecting an investment firm. Jean-Francois Lagasse Global Wealth Management Leader, Deloitte Switzerland said “The most important disruptor in the industry today is the client. Investors and families have higher financial awareness, literacy, and access to information than at any other point in our history. Their attitudes, expectations, and behaviours are compelling wealth managers to innovate across products, services, and experiences.“
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Optimizing Logistics with Smart Tech | Supply Chain Solutions Expert | Passionate about Improving Efficiency and Innovation
Alinea Invest, the Gen Z-focused investing app, recently raised $3.4 million to enhance its AI-driven #WealthManagement solution. With its sights set on democratizing financial literacy and investing for Gen Z, especially women and children of immigrants, Alinea distinguishes itself with user-friendly "playlists" that let users invest based on themes like climate change and female leadership. This approach, combined with plans to launch an AI financial advisor, is geared towards providing personalized investment strategies. With a strong user base—80% of whom are women—Alinea is carving out a unique niche in the fintech world, aiming to empower a new generation of investors with tools tailored to their interests and investment goals. This next step includes the introduction of an AI copilot feature poised to revolutionize how Gen Z approaches investing by offering tailored advice based on individual preferences and financial goals. So, the race for incorporating AI into financial services doesnt stop, HOWEVER showing that true success in integrating AI hinges on meaningful application—where the technology not only exists but thrives in enhancing user experiences, optimizing operations, and delivering personalized financial insights.
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𝗩𝗼𝗶𝗰𝗲 𝗳𝗼𝗿 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 @𝗗𝗲𝗹𝗼𝗶𝘁𝘁𝗲 | LinkedIn Top Voice in Tech | 1st Full-Time Corporate Influencer | Business Punk Watchlist 100 | Tech Influencer & Speaker | 400M+ Impressions on TECH FOR GOOD!
𝟭𝟬 𝘃𝗶𝘀𝘂𝗮𝗹𝘀 𝘁𝗵𝗮𝘁 𝘄𝗶𝗹𝗹 𝗰𝗵𝗮𝗻𝗴𝗲 𝘁𝗵𝗲 𝘄𝗮𝘆 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸! 💭 [Illustration by Pejman Milani] Sometimes, overthinking stifles #innovation. To truly innovate, we must pause, rethink, and explore new paths. At Deloitte, our Innovation & Ventures Team thrives on doing just that. They’re hands-on, driving change through business building and corporate venture services. In innovation and ventures, we combine cross-business approaches, focusing on product development, business building, innovation methods, user research, and prototyping. Here are 4 standout projects born from our innovative approach: ✔️ 𝗔𝗜-𝗣𝗼𝘄𝗲𝗿𝗲𝗱 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁𝗶𝗻𝗴: We partnered with one of Germany’s largest manufacturers to create a venture offering an AI-driven demand forecasting solution. ✔️ 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗳𝗼𝗿 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗪𝗮𝘀𝘁𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: We helped a client leverage existing capabilities by launching a new company and digital platform for commercial waste disposal services. ✔️ 𝗦𝗰𝗮𝗹𝗮𝗯𝗹𝗲 𝗢𝗻𝗹𝗶𝗻𝗲 𝗕𝗿𝗼𝗸𝗲𝗿 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺: We designed and developed a new financial platform with brokerage and banking features for iOS, Android, and web users. ✔️ 𝗔𝗜-𝗗𝗿𝗶𝘃𝗲𝗻 𝗙𝗶𝗻𝘁𝗲𝗰𝗵 𝗩𝗲𝗻𝘁𝘂𝗿𝗲: We crafted a venture strategy and built a web-based fintech company that automates credit risk assessment for both internal and third-party use. 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗿𝗲𝘁𝗵𝗶𝗻𝗸𝗶𝗻𝗴 & 𝗿𝗲𝗶𝗻𝘃𝗲𝗻𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗰𝗿𝗲𝗮𝘁𝗶𝘃𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀! 🦾♥️ What do you do to find new innovative approaches?
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As a product enthusiast who values clarity, I've always believed in the power of writing to sharpen ideas and build understanding. By putting thoughts into words, I've unlocked new avenues for deeper thinking and the development of complex solutions. On many occasions, this approach has also been key in convincing stakeholders to align with the right strategy. Writing is a unique magic that humans possess, a skill that distinguishes us from other species. When combined with the power of logic, it becomes a formidable tool that can accelerate both personal growth and enterprise success. #powerofwriting #producthinking #strategy #problemsolving
𝗩𝗼𝗶𝗰𝗲 𝗳𝗼𝗿 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 @𝗗𝗲𝗹𝗼𝗶𝘁𝘁𝗲 | LinkedIn Top Voice in Tech | 1st Full-Time Corporate Influencer | Business Punk Watchlist 100 | Tech Influencer & Speaker | 400M+ Impressions on TECH FOR GOOD!
𝟭𝟬 𝘃𝗶𝘀𝘂𝗮𝗹𝘀 𝘁𝗵𝗮𝘁 𝘄𝗶𝗹𝗹 𝗰𝗵𝗮𝗻𝗴𝗲 𝘁𝗵𝗲 𝘄𝗮𝘆 𝘆𝗼𝘂 𝘁𝗵𝗶𝗻𝗸! 💭 [Illustration by Pejman Milani] Sometimes, overthinking stifles #innovation. To truly innovate, we must pause, rethink, and explore new paths. At Deloitte, our Innovation & Ventures Team thrives on doing just that. They’re hands-on, driving change through business building and corporate venture services. In innovation and ventures, we combine cross-business approaches, focusing on product development, business building, innovation methods, user research, and prototyping. Here are 4 standout projects born from our innovative approach: ✔️ 𝗔𝗜-𝗣𝗼𝘄𝗲𝗿𝗲𝗱 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁𝗶𝗻𝗴: We partnered with one of Germany’s largest manufacturers to create a venture offering an AI-driven demand forecasting solution. ✔️ 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺 𝗳𝗼𝗿 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗪𝗮𝘀𝘁𝗲 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁: We helped a client leverage existing capabilities by launching a new company and digital platform for commercial waste disposal services. ✔️ 𝗦𝗰𝗮𝗹𝗮𝗯𝗹𝗲 𝗢𝗻𝗹𝗶𝗻𝗲 𝗕𝗿𝗼𝗸𝗲𝗿 𝗣𝗹𝗮𝘁𝗳𝗼𝗿𝗺: We designed and developed a new financial platform with brokerage and banking features for iOS, Android, and web users. ✔️ 𝗔𝗜-𝗗𝗿𝗶𝘃𝗲𝗻 𝗙𝗶𝗻𝘁𝗲𝗰𝗵 𝗩𝗲𝗻𝘁𝘂𝗿𝗲: We crafted a venture strategy and built a web-based fintech company that automates credit risk assessment for both internal and third-party use. 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 𝗶𝘀 𝗿𝗲𝘁𝗵𝗶𝗻𝗸𝗶𝗻𝗴 & 𝗿𝗲𝗶𝗻𝘃𝗲𝗻𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗰𝗿𝗲𝗮𝘁𝗶𝘃𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀! 🦾♥️ What do you do to find new innovative approaches?
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Veteran CEO & Serial Entrepreneur | 35+ Years Leading Tech Innovations | Holder of Multiple US & International Patents | Expert in Transforming Industries | Committed to Excellence & Sustainability | Proud Father of 3.
Title: "Small Businesses: Fueling Innovation and Disruption" We're in an era where business landscapes are continually disrupted by innovative players, and guess what? The small business sector is no exception. They're booming, hustling, and most importantly, changing the game. Small businesses are the lifeblood of our economy, and they're shaping the industry with groundbreaking innovations and developments. The agility and flexibility inherent in small businesses allow them to swiftly adapt to market changes and evolving consumer demands. Now, let's talk about AI. It's not just for the big boys anymore. Small businesses are leveraging AI to automate processes, enhance customer experiences, and drive efficiency. It's no longer about size; it's about the adoption and implementation of advanced technologies. How about e-commerce? Brick-and-mortar shops are now embracing digital platforms. From independent boutiques to local diners, small businesses are broadening their reach through online channels, and it's reshaping the way we do business. Sustainability? Absolutely! With the rise of conscious consumerism, small businesses are leading the way in implementing eco-friendly practices. They're not just selling products or services - they're selling a cause, a vision, and it's resonating with today's consumers. And let's not forget about the gig economy. Small businesses are capitalizing on this trend, utilizing skilled freelancers to deliver high-quality work without the overhead costs of full-time employees. However, it's not all about tech and trends. It's about the mindset. Small businesses are built on passion, resilience, and a drive to make a difference. They're fearless, unafraid to take risks and disrupt the status quo. Small businesses are not just surviving; they're thriving. They're not just adapting; they're innovating. They're not just playing the game; they're changing it. And I can't wait to see what they'll do next. Remember, it's not about how big you are; it's about how big you think. Innovate, disrupt, and keep hustling. #SmallBusinessInnovation #DisruptiveTrends #HustleAndGrow
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"Instead of comfort being substituted, it will be the process of thinking and decision making. Algorithms do exactly that after-all. They are software mapped heuristics made to complete tasks, basic or complex. Corroborating information, investigating and making a decision is both time and energy consuming. This is the next evolution of the Convenience Economy, the delegating of thinking and decision making to somebody, or something else. Caution is advised. If there was anything to learn about technology innovations over the last ten years, it is that there will be unforeseen consequences to society. Lower general knowledge, lower problem solving skills, and many other skill-sets and moral dilemmas, erosion of trust ect" https://lnkd.in/gb4tVg8X
Auto-piloting: The Evolution of the Convenience Economy
resolve-research-webflow-site.webflow.io
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"At a high level, the bearish sentiment makes sense. Inconsistent consumer sentiment and dwindling savings accounts prompt fears that spending will slow, customer acquisition costs have been rising, inventory and supply chain challenges are material and the shift toward generative artificial intelligence has emphasized infrastructure to date. But public market data reveal a different story: Compared with enterprise software companies, consumer companies are more likely to go public after raising a Series B, more likely to drive efficient growth at the time of an initial public offering and just as likely to trade at 10 times revenue at the time of IPO. Some of the world’s largest companies started by serving consumers. Just as enterprise software companies aim to expand revenue with clients by adding new products or increasing usage, consumer companies have parallel ambitions and success. Think about Amazon (books), Google (search), and Meta Platforms (Facebook)—three of the most influential companies, all of which began with a consumer-first value proposition and then expanded into adjacent businesses and multidimensional business models." https://lnkd.in/gy8V_sfh
Consumer Startups Are a Better Bet Than Enterprise Startups
theinformation.com
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CSCO | COO | CPO | Logistics Director | Supply Chain Finance | Experienced multi-industry SCM global leader | ESG-minded | Enabler of high-performance teams and organizations | Digital transformation |
Strategies for Implementing Continuous Improvement Programs Buy now with PayPal! https://lnkd.in/edc2gHU4 This book will be your trusted companion as we explore the multifaceted landscape of enhancing organizational excellence. Embrace the power of data-driven decision-making and continually assess your progress. Be prepared to face challenges and setbacks, knowing that they are opportunities for growth. Seek inspiration from the success stories of organizations that have walked this path before you. Follow/connect and subscribe to our Newsletter "Planet SCM" for the latest updates and invaluable tips. Click here: https://lnkd.in/eqbN3Q4s #advertisingandmarketing #analytics #automotiveindustry #aviation #bankingindustry #bestadvice #bigdata #biotechnology #branding #business #businessintelligence #careers #cloudcomputing #computing #construction #consultants #creativity #culture #customerrelations #data #datamining #design #digitalmarketing #ecommerce #economics #economy #education #emotionalintelligence #engineering #entrepreneurship #euro #executivesandmanagement #fashion #finance #finances #fundraising #future #futurism #gender #gettingthingsdone #greentech #health #healthcare #hiring #hiringandpromotion #hr #humanresources #informationsecurity #innovation #inspiration #investing #job #jobinterviews #jobsearch #jobseekers #leadership #linkedin #machinelearning #macroeconomics #management #managementconsulting #marketing #markets #mentalhealth #mindfulness #money #motivation #networking #operationsmanagement #personalbranding #personaldevelopment #philanthropy #productivity #productmanagement #programming #projectmanagement #publicrelations #realestate #recruitment #riskmanagement #sales #socialentrepreneurship #socialmedia #socialnetworking #softwaredesign #softwareengineering #startup #startups #strategy #sustainability #technology #travel #venturecapital #whatinspiresme #onlineshopping #SCMExcellence #ContentCreation #Ghostwriting #CipherInSCM #PathwayConsulting
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Strategies for Implementing Continuous Improvement Programs Buy now with PayPal! https://lnkd.in/edc2gHU4 This book will be your trusted companion as we explore the multifaceted landscape of enhancing organizational excellence. Embrace the power of data-driven decision-making and continually assess your progress. Be prepared to face challenges and setbacks, knowing that they are opportunities for growth. Seek inspiration from the success stories of organizations that have walked this path before you. Follow/connect and subscribe to our Newsletter "Planet SCM" for the latest updates and invaluable tips. Click here: https://lnkd.in/eqbN3Q4s #advertisingandmarketing #analytics #automotiveindustry #aviation #bankingindustry #bestadvice #bigdata #biotechnology #branding #business #businessintelligence #careers #cloudcomputing #computing #construction #consultants #creativity #culture #customerrelations #data #datamining #design #digitalmarketing #ecommerce #economics #economy #education #emotionalintelligence #engineering #entrepreneurship #euro #executivesandmanagement #fashion #finance #finances #fundraising #future #futurism #gender #gettingthingsdone #greentech #health #healthcare #hiring #hiringandpromotion #hr #humanresources #informationsecurity #innovation #inspiration #investing #job #jobinterviews #jobsearch #jobseekers #leadership #linkedin #machinelearning #macroeconomics #management #managementconsulting #marketing #markets #mentalhealth #mindfulness #money #motivation #networking #operationsmanagement #personalbranding #personaldevelopment #philanthropy #productivity #productmanagement #programming #projectmanagement #publicrelations #realestate #recruitment #riskmanagement #sales #socialentrepreneurship #socialmedia #socialnetworking #softwaredesign #softwareengineering #startup #startups #strategy #sustainability #technology #travel #venturecapital #whatinspiresme #onlineshopping #SCMExcellence #ContentCreation #Ghostwriting #CipherInSCM #PathwayConsulting
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Veteran CEO & Serial Entrepreneur | 35+ Years Leading Tech Innovations | Holder of Multiple US & International Patents | Expert in Transforming Industries | Committed to Excellence & Sustainability | Proud Father of 3.
Title: "Transformative Innovations Reshaping Small Business Landscape" The small business sector is the epicenter of innovation and disruption, an environment that fosters growth and transformation. The industry news is filled with stories of technological advancements and innovative practices that are reshaping this landscape, enabling small businesses to compete more effectively and efficiently. One development that stands out is the rising adoption of digital technology in business operations. From e-commerce platforms to digital marketing strategies, small businesses are leveraging technology to reach a wider audience and enhance their services. This trend is beneficial, especially in the current global climate, where digital presence has become vital. Equally exciting is the emergence of FinTech innovations. Financial technology, an often underrepresented area in business, has seen considerable advancements. Small businesses are now leveraging these developments, such as mobile payment platforms, to ease financial transactions and enhance customer experience. In the realm of data analysis and business intelligence, small businesses are harnessing the power of big data. Predictive analytics and machine learning are providing them with valuable insights into consumer behavior, market trends, and business performance. This has led to more informed decision-making and strategic planning. Artificial Intelligence \AI\ and automation also hold great promise. They are becoming more accessible, allowing small businesses to automate routine tasks, enhance productivity, and focus on core business activities. These developments illustrate that innovation and disruption are not exclusive to large corporations. Small businesses are also on the front lines, leveraging technology and innovation to disrupt their industries, redefine their operations, and reshape the business landscape. However, it is essential to remember that every innovation brings new challenges and risks. As the small business sector continues to evolve, businesses must remain adaptable, willing to learn and grow, and ready to embrace the changes that these disruptions bring. In conclusion, the small business sector is experiencing a wave of innovation and disruption. The future is bright, filled with endless possibilities and opportunities for those ready to ride this wave of change. #SmallBusinessInnovation #FinTech #BusinessDisruption
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The Future of Finance 😍