Innovation Driven Growth

It’s time to change public opinion on the role of a banker. It’s no secret that the role of bankers is largely underappreciated and seen as an unexciting career. The truth is that bankers perform an essential service for people and their businesses. We can work to shift the paradigm by highlighting the importance of banking in our business language and shamelessly recognizing ourselves as facilitators of hopes and dreams. Emphasize your value and help change the narrative on banking!🏦 The general public doesn't appreciate bankers: a little thought exercise for bankers or similarly undervalued positions. 00:57🔶 Financial institutions can change a stale narrative: bankers assist with achieving people's goals and dreams. 03:41✅ Behind each & every transaction is a goal or a dream: there are numerous ways that bankers assist consumers, businesses, and nonprofits in the area they serve. 06:46💡 What if your Facebook posts start to highlight stories of customers who achieved a goal or a dream with the assistance of your organization? 09:18🎉 Over time, we can have more informational and interesting conversations at parties. 10:33Links: Email David: david@davidpeterson.com    Connect with David: www.linkedin.com/in/dlpspeaks  Learn more about David: www.davidpeterson.com  Consult with David: www.i7strategies.com  Sail with David: www.i7sailing.com 

You must ensure that you are adequately protected from hackers and data breaches. In the digital age, your company must have the plan to deal with cyberattacks. Working with an insurance carrier that offers coverage that is right for you is vital, and be sure to follow their protection plans carefully. Getting your employees trained and ready to handle the preparation and aftermath of a potential attack is also crucial. Ensure your business is sufficiently protected for your business and your client’s sake.📋 Insurance carriers should provide instructions regarding the protective elements you need to follow for your insurance coverage to be considered “active”. 02:57✅ You should regularly drill on the Incident Response Plan the same way as you do for a robbery or disaster: there're many elements you should have if a breach occurs. 04:35👉 The type of insurance you purchase is as critical as the policy limits. 09:05❗ It can affect your institution or customers if your "dependent vendor" is breached: do you have the right insurance partner? 10:00 Links: Book Grounded: https://davidpeterson.com/bookstore Email David: david@davidpeterson.com   Connect with David: www.linkedin.com/in/dlpspeaks Learn more about David: www.davidpeterson.com Consult with David: www.i7strategies.com Sail with David: www.i7sailing.com

Resistance is a formidable opponent to your business, but you can fight back. Resistance is that barrier to all innovation and creativity within your business, it is strengthened by fear and it wants for us to stagnate and do nothing. The key to overcoming this aggressive force is professional-grade virtues like persistence, patience, and a strong dedication to doing the hard work. We can climb the mountain of resistance and make gains in innovation within our business by ensuring that progressional attitudes are adopted and encouraged at all levels of our organization. You can’t afford to stagnate, so take the professional approach and make innovation an essential part of your business.Show Notes: 💪 What the professional does that the amateur cannot do, is effectively battle and win against resistance. 00:08✅ Resistance is invisible, internal, insidious, implacable, impersonal, infallible, and universal, it never sleeps, seeks to kill, and it's most powerful at the finish line: fear is fuel for resistance but also a barometer for us of what is worth pursuing. 02:44👉 Our goals of creativity and innovation cannot be avocation - it must be our vocation: attributes of a professional and advice on how to go pro. 06:32🎯 Fear of success can be greater than fear of failure: in a moment of decision, the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing. 09:19Links:📮 Email David: david@davidpeterson.com   🎯 Connect with David: www.linkedin.com/in/dlpspeaks 🌟 Learn more about David: www.davidpeterson.com 🍀 Consult with David: www.i7strategies.com ⛵ Sail with David: www.i7sailing.com 

🥳 The Thinking Room is a place for brainstorming, interaction, and having fun: innovation is creativity expressed, manufactured, and consumed. 00:52✅ There is no innovation and creativity without failure. 05:14💡 Innovation starts with creativity, and creativity requires lots and lots of ideas. 08:36🧑‍💼 Suggestions for senior leaders on how to break barriers and encourage a free flow of ideas. 09:40Links:📮 Email David: david@davidpeterson.com   🎯 Connect with David: www.linkedin.com/in/dlpspeaks 🌟 Learn more about David: www.davidpeterson.com 🍀 Consult with David: www.i7strategies.com ⛵ Sail with David: www.i7sailing.com 

🧑‍🔬 A story about a classic failure. 00:59💡 The weak glue had a commercial value - the birth of the post-it notes. 03:02✅ Success was born out of failure - the value was unrelated to the original purpose. 07:42🎯 How willing are you to allow your staff to experience failure? 09:51🤓 Are you encouraging employees to think of and articulate ideas, even crazy and failed ones? 11:11🕰️ Your eureka moment might be years down the road. 12:45 History of 3M’s Post-it-Notes: www.post-it.com/3M/en_US/post-it/contact-us/about-us  Email David: david@davidpeterson.com     Connect with David: www.linkedin.com/in/dlpspeaks  Learn more about David: www.davidpeterson.com  Consult with David: www.i7strategies.com  Sail with David: www.i7sailing.com 

❗ Innovation eludes organization when: we are too busy, thinking is not valued, there's resistance to change, and it requires effort. 00:52✅ We let artificial constructs about innovation limit our creativity: tackle bite-sized innovations and ideas: how employees can help. 02:45✌️ Two ways to deal with inquisition: encourage employees to be inquisitive. 07:19⏳ Save time by eliminating unneeded steps: how to take a fresh look at your processes and procedures.  11:37💥 Encourage everyone to look for innovations & see the impact they can have on the gross margin.  13:15Links:📩 Email David: david@davidpeterson.com    ✨ Connect with David: www.linkedin.com/in/dlpspeaks  ✅ Learn more about David: www.davidpeterson.com  🤝 Consult with David: www.i7strategies.com  ⛵ Sail with David: www.i7sailing.com 

💡 Creativity sparks innovation & play promotes creativity. 01:10👦 A good start is to remove barriers to fun: we learn when we have experiences that confound our expectations. 03:50🎮 Some fun ideas: gamification of service, a big wheel for interest rates, play area for kids. 06:10👌 Encourage strategic and innovative thinking, model the value of a cross-function team & do something fun: Quarto tournament is a great choice! 07:11❗ The results - we are in charge of how we conduct our moves. 11:46📖 Wonderland by Steven Johnson: www.fs.blog/value-play-driver-innovation  🧩 Quarto: www.amazon.com/Gigamic-5201-Quarto/dp/B0019O198I  📩 Email David: david@davidpeterson.com      🌟 Connect with David: www.linkedin.com/in/dlpspeaks  ✅ Learn more about David: www.davidpeterson.com  👨‍💼 Consult with David: www.i7strategies.com ⛵  Sail with David: www.i7sailing.com 

📊 CX measurement is not empirical. 01:12⚖️ The balance of ascertaining customer sentiment: benefits of higher CX level. 03:04👍 FIs growing proficiency: good self-service beats great personal service every time. 04:46🤝 Innovation attracts younger generations: CX will not improve without employee education.06:54💡 Ideas worth exploring: a CX Focus Group, Tech Wolves, OmniChannel. 07:37✅ Question of the overall impression before any specific question. 10:43📈 CX concept is like holding a hand full of jello, but improvement dramatically increases viability in the coming years. 11:59Links:▶️ Previous episode: https://www.idg.podcastsmatter.com/episodes/29-it-s-conference-season-get-educated 📰 The article "Banks With Strong Digital CX Generate More Profits Than Peers": https://thefinancialbrand.com/news/digital-transformation-banking/financial-institution-digital-transformation-readiness-trends-120890/📧 Email David: david@davidpeterson.com  🎯 Connect with David: www.linkedin.com/in/dlpspeaks  ✅ Learn more about David: www.davidpeterson.com 👨🏻‍💼 Consult with David: www.i7strategies.com ⛵ Sail with David:  www.i7sailing.com 

🤝 A conference is a gathering of people with a common reason for meeting at a centralized location. 02:17🕴️ Have virtual meetings stopped us from having important “chance meetings?”04:50👔 Suggestions for sending directors to meet up. 05:24💲 Access to the vendors is much more than tchotchkes and prize drawings. 08:07💼 Send at least one person to your state organization or regional Association conference. 09:00🎓 Give students and future leaders all the experience and elements of business they need. 09:30🧑‍🎓 Summer Conference of FNBB - some bankers started as youth 25 years ago. Now they are leaders. 11:00🧑‍💼 Let employees research and present educational goals and conferences they want to attend. 12:29Links:🎧 Previous episode: www.idg.podcastsmatter.com/episodes/28-education-is-fundamental-but-don-t-leave-out-the-fun  📩 Email David: david@davidpeterson.com    🎯 Connect with David: www.linkedin.com/in/dlpspeaks  ✌️ Learn more about David: www.davidpeterson.com  👨‍💼 Consult with David: www.i7strategies.com  ⛵ Sail with David: www.i7sailing.com 

😒 Presentations in the financial services industry are just kind of - boring. 01:41👍 Spice up the class - "Four horsemen educating" - fun and high quality. 02:42💲 When teaching in person, use dollar bills from your pocket. 05:21🤡 Self-deprecating humor makes the whole mood lighter. 06:37😹 Humor often comes in 3 parts where the last one doesn't fit in. 07:27✅ Irony works. 08:26👨‍🏫 The presentation should have more engaging content, especially for younger generations. 09:31🖱️ Company Lemonade LXP provides engaging education to frontline staff that empowers them to be better sales advocates for banking services. 10:36🎮 Gamification is huge in meeting your internal education goals. 11:43Links▶️ Previous episode: https://m8r.io/IDG-ep27 🎮 Lemonade LXP: www.lemonadelxp.com 📧 Email David: david@davidpeterson.com   🎯 Connect with David: www.linkedin.com/in/dlpspeaks   ✅ Learn more about David: www.davidpeterson.com  👨🏻‍💼 Consult with David: www.i7strategies.com ⛵ Sail with David: www.i7sailing.com

🚜 All bank loans are secured by some kind of collateral, and it’s usually equipment. 00:47🧠 Banks run on a different type of “machinery” - the human capital also needs maintenance. 02:16👨‍💻 Job-specific education and certifications: look at each employee and determine what training and/or certifications may be appropriate. 03:39💼 General/industry education: ICBA annual conference in San Antonio was educational “maintenance” for David Peterson. 06:15📱 Product/service knowledge that enables better customer service. 08:25⚡ The power of having an education component on the annual review: budget employees can spend on wished courses or education. 09:56Links📩 Email David: david@davidpeterson.com 🤝 Connect with David: www.linkedin.com/in/dlpspeaks  🙂 Learn more about David: www.davidpeterson.com 👨‍💼 Consult with David: www.i7strategies.com 

🕵️‍♂️ Always be looking for places where you can learn about what's going on in your business. 00:57😷 The customer can be adequately served while working remotely: COVID pandemic forced financial institutions to shut down all of their branches. 01:14😕 Intangible skills sometimes make employees excellent candidates: the workforce is unprepared for changes in the future. 02:27☀️ Moving from transactions to engagement: having younger employees, having engagement activities. 04:24✨ Get the right people on your team: people who possess humility, hunger, and smarts. 06:00🏦 Worked in a daycare facility but was hired in a bank? 08:30👉 Enthusiasm cannot be taught, but it can be caught: retaining a millennial in the workforce. 09:36💎 What makes younger millennials and Gen Z's think so differently: a few tips to Baby Boomers. 11:27🙌 Tips to Gen X’ers leaders: how do you feel about tattoos? 13:05😎 Key Advice To Millennials / Gen Zs: the label on your generation. 13:46▶️ We all can learn from each other but it will take a few years, so let’s start right away. 16:21Links👆 Article 1: www.tinyurl.com/IDG-26-article2️⃣ Article 2: https://tinyurl.com/IDG-article2🖼️ Graphic1: https://prnt.sc/BszawrIjv1HG✌️ Graphic 2: https://prnt.sc/HyMvPamcbD3x🧠 X=Y thinking: https://davidpeterson.com/millennials-yx-thinking/ 📩 Email David: david@davidpeterson.com🤝 Connect with David: www.linkedin.com/in/dlpspeaks 🙂 Learn more about David: www.davidpeterson.com👨‍💼 Consult with David: www.i7strategies.com

🤔 How important is your virtual business or branch? 00:53📊 Dilemma in the business: Decreased branch activity or rise in online activity. 02:19🌟 When your system shows what I’m talking about over and again: online customers represent significant cost savings. 04:11📈 But people still use physical branches: how to get an accurate picture of activity breakdown and revenues? 05:39👉 Overstating the profitability of all your physical branches: Defining your virtual organization's revenue is crucial. 07:27Links🎧 Part 1 episode: https://m8r.io/IDG-Virtual-Branch📩  Email David: david@davidpeterson.com 🤝Connect with David: www.linkedin.com/in/dlpspeaks 🙂 Learn more about David: www.davidpeterson.com👨‍💼 Consult with David: www.i7strategies.com

🏦 Most financial institutions don't actually track the virtual branch in the same way as the physical branch. 00:50💸 Why do some banks see only expenses in virtual branches and profit in physical branches? 02:04😵‍💫 Why investing in virtual branches is very difficult for the C-Suite: risk and ROI. 3:21🤕 Determining the overall profitability of a virtual branch and getting accounting systems in alignment is not easy. 05:20LinkConnect with David: www.linkedin.com/in/dlpspeaks 

😤 Thinking about banking as a dry-cleaner shop: no one complains about fees at the dry-cleaners. 01:13🔔 Bankers failed to show the value of the services they provide to customers. 2:50🆓 Banking services and word free were used together for years. 3:47🎯 How do you drive the story of value to your customers? 05:46LinkConnect with David: www.linkedin.com/in/dlpspeaks

👉 David became a Chief Innovation Officer of FNBB: he started with 10 innovation workshops. 00:48🧑‍💻 Change in demographics: millennials and Gen Z's have unique banking needs. 01:49🧐 What are the benefits of innovation? 02:38🤩 6 reasons you should innovate. 3:07⚡ New business potential energy in the company. 03:12📈 Innovation will enable the growth of your business. 04:00💪 Innovation will make your company more efficient. 04:53🌟 Innovation will help you create an innovative brand. 05:24💲 Innovation will help your company in attracting more customers. 06:01👔 Innovation will help your company in attracting a better workforce. 06:42🧠 Think about the challenges organizations might face in the coming years. 07:29Connect with David: www.linkedin.com/in/dlpspeaksLink to mentioned article: https://www.entrepreneurshipinabox.com/8479/6-reasons-you-should-invest-in-innovation/

👉 Impact of cognitive biases on decision-making. 01:01 ✌️ Cognitive biases help us with Information overload, otherwise, it would be impossible to function. 04:07🧐 The numbing effect of routine or the curse of knowledge. 05:51👨‍✈️ The more experienced you are, the more you're likely to be on autopilot.2️⃣ Two types of cognitive biases: information processing and emotional. 09:17🤓 A three-step process to get debiased. 11:53😎 Things you say can trigger you and show you are actually working on a bias. 13:22 🤔 How to overcome and deal with specific bises? 15:54✳️ Confirmation bias. 17:01😉 Conformity bias. 19:00👂 Ambiguity bias: "The best decision you can make is the right decision. The next best decision is the wrong decision. And the worst decision is no decision." 22:39🐟 "The opposite of courage is not cowardice, it's conformity. Even a dead fish can go with the flow." 27:14🌞 Lateral thinking, innovative thinking, tools, and methods to overcome biases. 28:19🙃 The reverse brainstorming frees all ideas out. 32:24👀The article mentioned: www.boardofinnovation.com/blog/16-cognitive-biases-that-kill-innovative-thinking🎩 Six Thinking Hats: https://www.mindtools.com/pages/article/newTED_07.htm⌨️ Steve Ballmer on iPhone: www.youtube.com/watch?v=eywi0h_Y5_U 🔗Connect with David:💥 david@davidpeterson.com🗣️ www.facebook.com/DPSpeaks📖 David’s book Grounded - www.davidpeterson.com/book/grounded

😊 Kevin's background and the story about a bad hire day. 02:23🤯 Making innovative culture interesting: Putting bank regulations in a song "No sleep till Brooklyn, by the Beastie Boys". 05:11🧐 Consumers are coming to the salesperson more educated about products and services than 20 years ago. 08:06🔬 Sales professionals now have to know all about the industry, research trends globally, and expand their knowledge base a lot.  09:56😅 ArgosRisk technology solutions for B2B credit risk management, enabling companies of all sizes to proactively manage and monitor risk. 11:50🕵️‍♂️ ArgosRisk and daily third-party vetting - checking out on another business. 14:14🩹 China syndrome and having only a yearly report of your business partners. 16:23👍 Having a daily financial report of business partners during pandemic helped ArgosRisk's clients so much.19:02🎯 How innovation is played out in ArgosRisk evolving? 27:12🤖 The level of insights that allow businesses to make more informed decisions on who to do business with will expand in the future. 32:42🪡 Allowing people to use your products, data, and services, tailored is pretty important.40:09⚠️ Every kid coming out of college is should read the book Innovator's dilemma 43:28😎 Looking for ideas on how to innovate? Learn from professionals and join product camp.org🤩Three nuggets Kevin shares. 46:56 🙃 Gold Leaf's library of funny innovative videos. 49:09😇 www.argosrisk.com🙃 www.linkedin.com/in/kevinsasser📚 www.amazon.com/Innovators-Dilemma-Revolutionary-Change-Business/dp/0062060244💻 www.productcamp.org🎥"The China Syndrome" film - www.imdb.com/title/tt0078966🔗Connect with David: 💥 david@davidpeterson.com🗣️ www.facebook.com/DPSpeaks📖 David’s book Grounded - www.davidpeterson.com/book/grounded

🎸David played background music for Linda Baskin’s art show in Dayton. 01:14🖼️ Stepping out of the comfort zone: Linda's paintings had a theme and the show had its own concept. 04:52🎯 Professional artist and professional musician. 07:39🙋‍♂️ Welcome, Linda! 09:12🎨 The Radical Acceptance art show was about acknowledging the hard times in life but also good, joyful things. 11:29😃 Linda decided to start painting just 18 months ago. 15:36🌸 One more example of Linda's stepping way out of her stepping zone. 18:04🌞 Not knowing everything is the most important to step out of the comfort zone. 22:18🖌️ Painting 'Faces' was the only painting at the show that was not for sale. 25:01🧪 Linda's formula for creating a great product. 28:53🤓 The difference between innovation in a flash or an inspiration of genius, and experimental or interpretive innovation. 35:19🤩 Cézanne an experimental painter vs. Picasso's flash of inspiration 38:40🖍️ Linda is Picasso.  43:03🔥 Be a Picasso or a Cézanne, just don't give up. 43:43Painting 'Faces': https://postimg.cc/RN9Nf63nBodazza Studioshttps://www.bodazzastudios.com/Malcolm Gladwell – Revisionist History – Hallelujah episodehttps://www.pushkin.fm/episode/hallelujah/Connect with David: david@davidpeterson.comLinda Baskin painting: https://prnt.sc/1017orlLink to David’s book Grounded - https://davidpeterson.com/book/grounded/

😇 Aviv likes to wake up in the morning and try to solve a problem that nobody else is trying to solve.1:50👦 He was inquisitive as a child and asked so many questions. 2:56🌞 The idea behind Solar Simplified. 5:02✅ Aviv was not in the solar business before, but he was drawn to it. 🤝 Solar Simplified connects consumers with solar power plants (solar farms) 8:21➗ Half of the countries in the US have deregulated markets where private companies are part of the market. 11:08🔆 Even it is a young company Solar Simplified serves over 1000 households and growing in upstate New York.19:26☀️ How Solar Simplified works? 20:21💰 How to get a guaranteed discount on your energy bill? 21:33 ⭐ In recent Texas events, a megawatt per hour price increased about 500 times more than what it should be. 25:39💡 The three major challenges in sharing the green wealth with society. 28:53😎 Bill Maher issues with getting solar energy and how Solar Simplified would help in that case. 31:23💚 Solar Simplified has an idea to be green and save money too as many people as possible in the future 5 years. 35:32👍 Continue asking questions, continue to be curious, and learn what money is and how the system really works. 37:53🖥️ Take a minute to sign up on a Solar Simplified site so we can spread our network and save you money. 41:48https://solarsimplified.com/https://www.linkedin.com/in/avivshalgi/https://www.facebook.com/solarsimplifiedusa  https://www.instagram.com/avivshalgi/?hl=en

😂 Gatherings with my sister Linda and brother Larry are always filled with fun, jokes, and love. 🎨 My sister Linda is an amazing painter. 3:06🖼️ Linda Baskin Art Show preparations. 5:35 🎶 David is going to do background music for Linda Baskin’s upcoming art show on March 27th.   6:15🎸 David Musical background – learning to play guitar is not easy. 8:17🎼 David has never performed a “concert” alone, but he embraced music from his college days until today. 11:09👌 Popular music sets an “expectation” of what those songs are supposed to sound like. 15:06🤔 David's book Grounded. Word Grounded has positive and negative meanings. 19:52😨 We get stuck in our comfort zone because of fear of failure, or fear of embarrassment. 24:38👣 4 steps to get out of your comfort zone. 26:50🌠 Wisdom from Roger von Oech - Whack it!  31:16👆 Get support and get rid of excuses. 33:44💪 Flesk your risk muscle. 34:27🗓️ Set a deadline and Be Persistent. 36:12Connect with David: david@davidpeterson.comLinda Baskin painting: http://prntscr.com/1017orlLinda Baskin Show: https://prnt.sc/109ml4jLink to David’s book Grounded - https://davidpeterson.com/book/grounded/Wisdom from Roger von Oech – “Whack on the side of the head” - shorturl.at/lvQVX 

🛫 Ryan is an ex-naval flight officer and after the military, he started working in the banking niche. 1:01 🚖 Driving for Uber and Lyft after the military was an amazing experience in gig working and gig economy for Ryan. 3:03💵 Gridwise app is focusing on the ride-share and delivery area of the gig economy by helping drivers boost their profits. 4:34🙃 When Ryan worked as a gig driver, he realized that the core problem is in the fragmentation and inaccessibility of key data drivers need to have. 09:08👦 Ryan was intrigued with sales from a young age, and he continued with his entrepreneurial ideas in sixth grade too. 12:27✨ What can you do to affect the young population and spark innovative and entrepreneurial thinking in them?  14:03📱 How GridWise was made, and how the app succeeds to answer all needs drivers have. 18:13😇 Gridwise app helps, even with estimated tax deductions for drivers, and it is free. 24:06🛣️ Marketing for the app started from personal advertising all the way to digital advertising channels. 29:01  📊 Harvesting metadata and analytics from the app are valuable for other stakeholders but also a significant source of new revenue income. 30:53📅 About the future of gig drivers. 35:14💲 Gridwise will help drivers earn more profit directly from their platform in the future. 37:40📈 In five years from now, Ryan plans to add more insurance products, financial services, income protection, phone protection, in healthcare and other benefits to his app. 39:04🔥 Ryan's advice for future entrepreneurs. 45:30✌️ Do not forget to tip service drivers in these hard times and mention Gridwise to help them even more. 49:07 Links https://gridwise.io/🔗Connect with David:david@davidpeterson.comhttps://www.facebook.com/DPSpeaks/ 

🤯  A large number of products were discovered by a mistake. (Roundup, Play Dough, Men's Rogaine etc)  1:04🙈 Why are we so afraid of failure? 5:26🙃 Being A student or F student: Being a successful innovator means you have to have a ton of bad ideas. 9:11✌️ Start off by thinking failure is good and don't let anybody limit your ability to come up with an idea.12:00👀 People who come up with ideas will get noticed by time. 13:42☝️ There is a big difference between error in innovation and error in execution. 15:17🤓 Success can create additional problems. 18:49😲 Success can breed overconfidence. 23:15🔴 What happens if you get stuck in the 'Numbing effect of routine' with no adjustments of processes? 26:04🔎 Examining the effects of a new idea or project, especially negative effects. 28:00🙋‍♂️ Be boldly ready to raise your hand and offer up an idea. 31:49📘 Book 'A Whack on the Side of the Head':https://www.amazon.com/Whack-Side-Head-More-Creative/dp/0446404667📚 David's book 'Grounded!': https://www.amazon.com/Grounded-David-L-Peterson/dp/1944340009/r

👨‍🌾 Farmers are experiencing all challenges related to a business, plus they have soil and weather issues. 1:11💻 Justin Fisher is a FinTech guy, with experience in farming 2:47🤓 How is hemp different from marijuana?   6:46😳 Because of legislation issues, you can plant hemp legally, but it can grow to be illegal. 10:00📈 About the legal framework of farming hemp and growth of interest for hemp in many agricultural states. 15:54👂 Cannabinoids: CBD is challenged, as the FDA hasn't set clear regulations around it. 18:34🪴 'Training the plant' is something that all businesses need to think about to achieve their goal.  23:37💰 Looking at the side of the financial services and issues farmers have to get financial products (bank accounts, loans, insurance) 26:26🌞 How RiskScout helps banks in high-risk businesses and also farmers who want to grow hemp? 34:45 🤑 The first person who develops an iPad for measuring THC levels in hemp will be a billionaire. 38:04🏦 Community banks will have to rethink what their purpose is and innovate too. 41:09  Get in touch with Justin:https://www.riskscout.com/justin@riskscout.comListen to IDG podcast on https://idg.podcastnetwork.io/

😲An engineer working for Tesla has re-engineered the chocolate chip! 0:56👍He did it better but it took him a few years. 02:31💪Salesman invented the extension of a wing for a sailboat. 4:06✨What really matters--find ways to make improvements. 4:50🎯Every single individual in the company needs to be innovating. 6:25📣How you get those ideas heard? 7:40✌️Allow time for innovation in your company and people will be engaged. 13:52🔔Innovation Challenge as a path for all HR issues with long-term benefits. 19:51📈It's about improving the gross margin, not only about team building. 22:44👀How to convert creative ideas into innovations? 28:53https://www.foxnews.com/food-drink/tesla-upgrades-chocolate-chips https://prnt.sc/upimx2https://www.mdtmi.com/about-mdt/    🔗Connect with David: david@davidpeterson.comhttps://www.facebook.com/DPSpeaks/ 

🔀 Marketing and PR may not overlap. Being channel-agnostic. 02:42❄️ "We are used to personalization." 04:49😷The Covid-19 crisis impacted the ways we interact with brands. 09:43💣 How to tailor a message that will not be offensive to anybody? 13:58 ⏰ Algorithms and recommendations. How they save time.  21:25🏅 Innovations in the financial industry. Behind the scenes. 27:46🛍️ B2B vs. B2C and factors that influence customers' decisions. 30:57✨ Importance of representation and diversity in marketing. 34:47🌱 Young millennials and Gen Z people are natural digital communicators and marketers. 40:41👩 Find Binna on Twitter https://twitter.com/binnaskim, LinkedIn https://www.linkedin.com/in/binnak/ and learn more about Vested https://fullyvested.com/ 44:55  

🦠 Public activities during COVID-19 01:32👏Kudos to the City of Montgomery: Innovative 4th of July parade. 2:24⚽Innovation from Argentina: human foosball. 5:36🙌Don't be afraid: find the intersection of necessity and opportunity. 8:40👦My grandson's creation and working "with a purpose". 11:11 🌷When a young person shows any creativity, encourage it, and let it flourish! 14:06😲Kelvin Doe aka DJ Focus - a 15-year old innovator. 16:08🌱David Senge's ongoing program for young innovators. 17:36💥Be the spark that sets innovative fire. 19:29🔗Connect https://davidpeterson.com/ and https://www.linkedin.com/in/dlpspeaksShow links:https://www.npr.org/2020/06/30/884770859/this-reverse-parade-will-allow-july-fourth-revelry-from-a-social-distance. https://www.wgbh.org/news/international-news/2020/07/03/human-foosball-new-form-of-soccer-developed-for-pandemic  http://prntscr.com/tnj464  and https://prnt.sc/to2fa6  https://youtu.be/XOLOLrUBRBY 

Welcome, Wayne Miller. 1:30The core concerns every business needs to do well. 4:39🤝The Venture Center: supporting the entrepreneurial community in the state of Arkansas and beyond. 8:00Collaboration with universities, technical schools, and other corporations. 10:02 What are ICBA and FIS?Venture Center is working very closely to find business leaders and companies for FIS. 13:20Accelerator Program - How it helps startups? 20:20 Venture Center success stories. 24:50Future of innovation in financial services. 25:30Future of community banks: innovation implementation of High touch and Hitech.  27:48Getting beyond the curriculum: Student Education Entrepreneur Collective (SEEC) 33:11Fulfilling the gap between startup enthusiasm and business wisdom.   35:29The challenges of being an entrepreneur: Wayne's advice to innovators in financial services: 37:53Contact Wayne:wayne@venturecenter.co and  https://www.venturecenter.co/   

 ✅ A good example of getting creative to problem solve. 01:16 👉 "Creativity is going to get us all through this." 04:05  🤔 How can I get innovation started at my organization? 04:26   🏼Immediately fall back into the numbing routine. 06:28  3️⃣ Three innovation categories. 08.34  🌟 Express ideas clearly: boosting speaking ability with Toastmasters. 12:09🪁Forgiveness is easier to get than permission. 13:38  🫣 If you are blocking others in innovation: Stand aside. 15:23  ⚠️ Encourage and harvest all ideas, even if not all of them are winners. 16.55 🥅 What should innovators try to accomplish? 17:55 🧐 Don't punish the ones who are trying to innovate. 19:20  📋 Make innovation a part of the employees' annual review process. ✨ Be the spark of innovation. 21:10*https://www.foxnews.com/lifestyle/apparel-companys-t-shirt-idea-coronavirus-relief-fundraiser},**https://www.toastmasters.org/  https://davidpeterson.com/

Introducing Daniel P. Simon 1.43 Daniel's book: “The Money Hackers—a group of misfits took on Wall Street and changed finance forever” 2:55 The financial industry should empower everyone, not just the richest 9:57 Financial crisis: East coast bankers and West coast thinking technologists 11:16 The refreshing style in writing: engaging and light 15:27 The role of financial advisers 20:00 Human qualities will be the reason people stick to a financial institution 23:12 Wake Up call for community financial institutions–need to step up digital banking presence 23:36 What services will change in the future? 27:40 Get the book Money Hackers 35:26 https://www.amazon.com/Money-Hackers-Misfits-Changed-Finance-ebook/dp/B07TH7VLQ3/ref=sr_1_2?dchild=1&keywords=The+Money+Hackers&qid=1586291377&sr=8-2 https://danielpsimon.com/