The Resource Open Innovation Ecosystems : Creating New Value Constellations in the Financial Services, by Daniel Fasnacht, (electronic resource)

Open Innovation Ecosystems : Creating New Value Constellations in the Financial Services, by Daniel Fasnacht, (electronic resource)

Label
Open Innovation Ecosystems : Creating New Value Constellations in the Financial Services
Title
Open Innovation Ecosystems
Title remainder
Creating New Value Constellations in the Financial Services
Statement of responsibility
by Daniel Fasnacht
Creator
Contributor
Author
Author
Provider
Subject
Language
eng
Summary
Sharing information and knowledge, co-innovating with clients, communities, and competitors and adopting cognitive technology, robo advisors, crowdfunding, and blockchain reflect current socio-economic behaviour. Emerging growth regions in Asia, demographic shifts, intergenerational wealth transfers and increasing regulations are other trends that amplify each other, disrupt the client journey, and affect the entire economy. Moreover, unprecedentedly, new market entrants outside the financial sector, be it Amazon, Apple, Google, or Facebook, are increasingly expanding their scale and scope to offer financial services. Featuring case studies of Chinese business ecosystems, such as Alibaba/Ant Financial, that have transformed from displaying domestic and organic growth to rapid global expansion, this highly readable book gives you glimpses of how banking services are evolving. We break down everything you need to know about the foray of challenger banks into the financial services. You learn how they link health to wealth data and gain advantages through analytical capabilities in the race to attract sophisticated clients with highly personalized experiences. The next level of creating and capturing value for clients and businesses involves platform models embedded in cross-sector ecosystems. Digital platforms are the crucial entry point to global markets, creating value for multiple sides. They leverage self-driving ecosystems that go beyond linear value chains applied in traditional business models as the sources of growth in an interconnected world are collaboration and network effects. The winners will be those who open up and engage themselves in an ecosystem that transcends organizational boundaries and performs without sector borders because every actor contributes to the value constellation of the system. The book provides practitioners and scholars with new insights into open and holistic business models, where competition in future will be between ecosystems rather than at the company level. It encourages leaders to expand their skills and think through the lens of the ecosystem theory while developing compelling strategies to serve the next-generation clients
Member of
http://library.link/vocab/creatorName
Fasnacht, Daniel
http://bibfra.me/vocab/relation/httpidlocgovvocabularyrelatorsaut
ZBZcznKJ9Ys
Image bit depth
0
LC call number
HG1616.M3
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
SpringerLink
Series statement
Management for Professionals,
http://library.link/vocab/subjectName
  • Bank marketing
  • Business enterprises-Finance
  • Management
  • Entrepreneurship
  • Financial Services
  • Business Finance
  • Innovation/Technology Management
  • Entrepreneurship
Label
Open Innovation Ecosystems : Creating New Value Constellations in the Financial Services, by Daniel Fasnacht, (electronic resource)
Instantiates
Publication
Antecedent source
mixed
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
not applicable
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Foreword -- Preface -- Introduction -- Chapter One: The Strategic Value of Growth and Innovation -- Chapter Two: Leading through the Changing Business Environment -- Chapter Three: Open Innovation – the New Business Paradigm -- Chapter Four: Transition Strategies to Open Innovation -- Chapter Five: Management Practices & Requirements -- Chapter Six: Open Innovation Culture -- Conclusion -- Outlook -- Index
Dimensions
unknown
Edition
2nd ed. 2018.
Extent
XXXVIII, 283 p. 10 illus. in color.
File format
multiple file formats
Form of item
electronic
Isbn
9783319763941
Level of compression
uncompressed
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other control number
10.1007/978-3-319-76394-1
Other physical details
online resource.
Quality assurance targets
absent
Reformatting quality
access
Specific material designation
remote
System control number
(DE-He213)978-3-319-76394-1
Label
Open Innovation Ecosystems : Creating New Value Constellations in the Financial Services, by Daniel Fasnacht, (electronic resource)
Publication
Antecedent source
mixed
Carrier category
online resource
Carrier category code
cr
Carrier MARC source
rdacarrier
Color
not applicable
Content category
text
Content type code
txt
Content type MARC source
rdacontent
Contents
Foreword -- Preface -- Introduction -- Chapter One: The Strategic Value of Growth and Innovation -- Chapter Two: Leading through the Changing Business Environment -- Chapter Three: Open Innovation – the New Business Paradigm -- Chapter Four: Transition Strategies to Open Innovation -- Chapter Five: Management Practices & Requirements -- Chapter Six: Open Innovation Culture -- Conclusion -- Outlook -- Index
Dimensions
unknown
Edition
2nd ed. 2018.
Extent
XXXVIII, 283 p. 10 illus. in color.
File format
multiple file formats
Form of item
electronic
Isbn
9783319763941
Level of compression
uncompressed
Media category
computer
Media MARC source
rdamedia
Media type code
c
Other control number
10.1007/978-3-319-76394-1
Other physical details
online resource.
Quality assurance targets
absent
Reformatting quality
access
Specific material designation
remote
System control number
(DE-He213)978-3-319-76394-1

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