BREAKFAST EVENT: GO LIVE. How to launch a venture

Launching a venture may not put lives in danger, but innovation teams may feel like this at times....

 

"When you're getting ready to launch into space, you're sitting on a big explosion waiting to happen.” Sally Ride, American Astronaut

It's exciting. The days, hours and minutes leading up to launch speed by…and there’s always the underlying possibility of things not quite going according to plan.

So how do you go live and avoid venture death?

Join us at this informal breakfast event at the Market Gravity 'Arches' and you’ll have the opportunity to discuss the challenges you’re facing, and gain valuable insight on how to navigate them. You’ll hear from our community experts including Neil Hinwood, new ventures lead from Unite Students, Sam Flynn, senior business transformation and strategy business manager from HSBC and Alan Ferguson, product operations and technology director for the AA. Neil and his team have recently launched ‘Conker’ and navigated the challenges of working as an entrepreneur from within a big business. Sam and team created open banking app 'artha' in collaboration with fintech startup Bud. And Alan and his team created Car Genie, a connected car solution - one of the first consumer led offerings in the telematics space.


The Market Gravity team will share their experience and knowledge on how to get your ventures live having worked across various sectors and with big business like HSBC, Automobile Association, Boots, Visa and British Gas.

Are you ready to go live and join us?!

If you're working within an innovation team, leading or sponsoring one for a big business - this event is for you.

It's really important we maintain the integrity of our corporate entrepreneur community so this event is for industry personnel and not for consultants or consulting firms.

 

RESISTER HERE!

 


AGENDA

08:00 Arrivals and coffee warm ups!

08:30 Intros | How to spot the six causes of venture death

08:45 Go Live discussion | Experimenting, the methodology | Measuring success & reporting | Successful venture leadership | Building the right team

09:30 Award winning launches

09:35 Networking

10:00 See you soon

The team look forward to welcoming you!!


Celebrating the best in corporate innovation at the CEA 2017

Clydesdale and Yorkshire Bank, The AA, British Gas, ŠKODA, Ageas and rradar scoop CEA awards in what has been another incredible year of corporate innovation!

Market Gravity has announced the winners of the eighth annual CEA (Corporate Entrepreneur Awards) - the only event celebrating corporate innovation and corporate entrepreneurs, the individuals and teams behind the ideas remarking that “Science fiction is becoming science fact. It is the large, established businesses that are leading the way”.

The proposition design consultancy opened the nominations and voting out to the corporate entrepreneur community with shortlisted entries from big businesses in sectors such as retail, fintech, healthcare, telecoms, media, non-profit, banking, automotive, utilities, legal and wider technology which were then judged by an independent judging panel. Innovations needed to meet criteria such as differentiation, customer focus and demonstrable impact – both in the market and within the organisation.

Clydesdale and Yorkshire Bank scooped the top award for Best New Proposition for Studio B. Studio B brings together an in-branch open innovation lab (the first bank in the world to do so), a digitally led branch, and events space to create an exciting, engaging environment. It’s doubled B’s brand awareness in London, attracted the attention of global businesses and visitors and has been shortlisted for design awards. Clydesdale and Yorkshire Bank also scooped the Innovators' Choice award for Studio B which was voted for by guests on the night.

Clydesdale & Yorkshire Bank - 1st Place winners of the CEA 2017 Best New Proposition & Innovators' Choice awards for Studio B

Second place was awarded to The AA for Car Genie which was launched exclusively to AA members this year. From helping to prevent breakdowns to tracking the location of a customer’s car, this engaging multipurpose connected car solution is helping to engage customers and staff alike. And it can be set up by the customer in their specific vehicle, in under one minute.

The AA team - CEA 2017 2nd place winners of the Best New Proposition for Car Genie

Third place was awarded to the Local Heroes team from British Gas. Local Heroes offers jobs completed in the home; booked within 30 seconds online and backed by a 12 month British Gas guarantee. Since launch it has consistently achieved a Net Promoter Score in the 80s and bought 30,000 new-to-brand customers into the British Gas eco-system.

British Gas Local Heroes - 3rd place CEA 2017 winners for Best New Proposition for Local Heroes

Three brands also achieved a huge number of peer votes and a strong response from the judging panel and were Highly Commended. These were:

ŠKODA for ŠKODA Live Tour which connects customers through live video streaming to a Live Tour showroom, where a Product Host uses a mixture of cameras to showcase ŠKODA cars in HD detail is on-hand to answer questions.

ŠKODA - Highly Commended at the CEA 2017 for ŠKODA Live Tour

Ageas for Elastic – a more flexible home insurance that fits with people’s lives. Just like the Netflix of home insurance, it just keeps rolling on a monthly basis. You don’t get tied into an annual contract and can choose monthly price plans.

Ageas - Highly Commended at the CEA 2017 for Elastic

rradar for rradargrace and rradarstation - a virtual assistant, powered by AI and machine learning, that provides simple answers to complex legal and HR questions. 60,000 businesses can now access rradar’s 24/7 and unlimited risk management advice and business protection for Legal, HR, Claims and Regulatory Investigations.

rradar - Highly Commended at the CEA 2017 for rradarstation and rradargrace

It’s been an incredible year of innovation.

In the past 12 months both Amazon and Google helped us talk to our homes. Dyson and Volvo announced their commitment to electric cars. And marking the tenth anniversary of the original, Apple released the iPhone Ten.

Peter Sayburn, CEO and founding partner for Market Gravity, says: “Bigger and better than ever, the CEAs have steadily become THE event for big company innovation. Everyone that enters the awards and guests that join us at the CEA party truly represent the pinnacle of corporate entrepreneurship”.

“We started this event eight years ago with a clear purpose. That purpose still makes sense today. We believe in the positive power of entrepreneurship. And we believe that entrepreneurship is alive and well in established organisations, as well as start-ups. So good to see that our previous year’s winners too are going from strength to strength, a few of which joined us at the event tonight”.

“2017 has been a big year for Market Gravity! We now have over 60 people in our five locations around the world. We helped our fantastic clients to design and launch dozens of new propositions for their customers. And in June this year, in recognition of our amazing team and the great work that we have done together, we because part of Deloitte - the world’s leading professional services business”.

 

The CEA is a showcase of the best in big company innovation and they recognise the incredible commitment and achievement of the teams that deliver it. The people behind the ideas.

The award ceremony took place on 23rd November 2017 at the Design Museum, London with over 300 of Europe’s most creative, disruptive and entrepreneurial business leaders from over 100 brands attending the unique event.

You can find out more details about the CEAs and how to enter at www.corporateentrepreneurawards.com.

 


We do!

We know how much work it takes to create and launch a new proposition. And that’s why each year we take time to celebrate and recognise the best in big business innovation at the Market Gravity Corporate Entrepreneur Awards (CEA).

This Thursday, the 23rd November 2017, over 300 corporate innovators from over 100 of the world’s biggest brands will gather at the Design Museum, London for the 8th annual Market Gravity Corporate Entrepreneur Awards (CEA) party.

Here’s a taste of what’s to come on the night!

The Awards presentation

This year’s nominations came from a range of industry sectors including energy, healthcare, non-profit, financial services, telecoms and media. The CEA winners have been decided through a combination of public voting and our independent judging panel, and will be revealed on stage at 8.15pm! Preview all the nominees here.

Innovators’ Choice Award

All our 2017 nominees have a chance to win the Innovators’ Choice Award! Guests can cast their votes from 7-8pm on the night.

MG Hammertime

Guests can come and chat to the Market Gravity team in the MG Hammertime area about innovation, and how to inject an entrepreneurial spirit into big businesses innovation projects. There’s also a chance for guests to have their photo taken on the largest hammer ever to have graced the Design Museum!

Deloitte Digital TechZone – Building the Future of Experience

There’s a new TechZone to be explored this year where the possibilities of the latest tech and its impact on business will come alive! Guests will discover the future of an immersive and enhanced experience through Deloitte Digital’s emerging technology and trend showcases.

The ‘Connected Industry’ space showcases the possibilities of Industry 4.0 manufacturing sensors including automation, RFiD, robotics, artificial intelligence, sensors, data analytics, sharing economy and blockchain, that are now impacting organisations both across their end to end supply chains and within their factories.

The Connected Supply Chain is an industry agnostic demonstrator that every business can relate to. Guests will see the stages of the supply chain represented by physical assets that come to life throughout the journey. Interact with key challenges and statistics impacting each stage of the supply chain, and join the conversation around industry leading case studies.

The ‘Smart Spaces’ demonstration showcases the power of the Internet of Things (IoT) and an increasingly connected world by utilising live data of the surrounding environment. Track people traffic, movement of products and use data to enhance decision making and experience journeys with emerging technologies.

Through the ‘Augmented Human’ guests will discover how new technologies are blurring the boundaries of our physical and digital worlds… guests will be challenged to beat the clock and save the day with smart tech prizes up for grabs!

 

And of course there will be plenty of chance to chat, make new connections, eat and drink in our fantastic venue - the Design Museum!

 

Stay in touch and join in the conversation:

@MG_CEAs
#CEA2017
cea@marketgravity.com

 

Checkout the highlights video from the CEA 2016 below!


Meet the CEA 2017 Judges

The Market Gravity Corporate Entrepreneur Awards 2017 (CEA) is nearly here! On the 23rd November c. 300 guests from some of the world's largest global brands such as Vodafone, Jaguar Land Rover, Talk Talk, Bupa, Carlsberg, Cisco and HSBC will join us for an evening that recognises the people and teams behind some of the world’s best innovation. From breakthrough new products and services, to standout new ventures and businesses, CEA is an event like no other.

This year, the CEA winners are selected by a combination of public votes and an independent judging panel, formed of academics, practitioners and pioneers who we're excited to introduce below!

Amelia Kallman
Futurist, Consultant, Speaker

As an innovation and technology communicator, Amelia regularly writes and speaks on the future of business and brand experiences. Curator of international tech labs and exhibitions, she works with start-ups and corporate clients to make connections and future-proof strategies. She has lectured at Cambridge University, written an award-winning book, and directed the first burlesque show in Virtual Reality. Her writing is often featured in IBC365, WIRED UK, The Huffington Post, Forbes, and Fresh Business Thinking.

www.ameliakallman.com @AmeliaKallman

Iain Gibbons
Futures Director, Thomas Cook

Iain has extensive innovation and creative change experience. He began his career in advertising, becoming Managing Director of McCann-Erickson in 1999 where he developed the Bentley Knowledge Bank program. He then founded Mobious, a multi award winning digital marketing agency where he worked with brands such as Carling, Sky, Ladbrokes, Sage and Virgin. After selling Mobious in 2013 Iain joined the senior leadership team of Virgin Money as Customer Proposition Director where he led the development of the award winning Mortgage Lab. He is currently Futures Director for Thomas Cook Money, leading on innovation across finance and insurance for the business.

Dr. Muhammad Azam Roomi
Professor of Entrepreneurship and Business Growth; Vice Dean of Faculty, Research and Executive Education at the Prince Muhammad bin Salman College of Business and Entrepreneurship (MBSC).

Dr. Roomi is a passionate “entrepreneurial mindset activator” and has successfully conceptualised, designed, and conducted training and development programs for entrepreneurship development and business growth for over 50 global clients. He has consulted for national governments including the UK, Qatar, Oman, Bangladesh, Malaysia, Pakistan, Vietnam, and Honduras: for multilateral development agencies, and a range of private commercial organisations. His innovative teaching and capacity building pedagogies have earned him global recognition. Being the recipient of several international teaching and research awards, he is a recognised thought leader and prize-winning author in his field of practice.

Alex Marsh
Managing Director, Close Brothers Retail Finance

Alex Marsh is an inquisitive and passionate intrapreneur and business leader, with a proven track record across multiple disciplines of developing and executing strategies that deliver rapid yet sustainable transformation and growth. He is currently the Managing Director of Close Brothers Retail Finance, a fast growing and multi-award winning consumer finance business that helps specialist retailers unlock growth. Outside of work, Alex is passionate about encouraging education and development for young people, acting as a Chair of Governors for a large comprehensive secondary school in his home town of Brighton, mentoring both individuals and teams, and volunteers for a number of charities that support education. He also enjoys long-distance running and recently led a team to complete a 100km ultra-marathon for charity.

Joe Norburn
Head of Digital, Innovation, Business & Client Experience, Development, Coutts.

Joe joined Coutts in October 2011. He is the Head of Digital, Innovation, Business Development and Client Experience and a member of the Executive Committee. Joe has worked in banking and security for the online environment for more than 20 years, and has previously held a number of digital roles within RBS. Prior to Coutts, Joe spent five years as Managing Director for EMEA & Asia Pacific and as Global Head of Customer Relationships at IdenTrust. Joe holds an MBA and is married with two daughters.

 

Danielle Winandy
Head of RISK Innovation Office chez BNP Paribas

Danielle is a serial intrapreneur, with an experience of 10 years on Financial Services and eight years on innovation. She put in place Gate4 (an internal crowdfunding/sourcing platform for intrapreneurs), Lumen (a collective with other external companies to create a real status for the intrapreneurs (they are creating new laws about this topic in the French Market), and the intellectual property around intrapreneurs. She created Innovation Factory @ Securities Services. Last but not least, Danielle is certified on Disruption Strategy by Harvard Business School.

 

If you're a big business innovator and corporate entrepreneur, and would like to join us at the CEA party on the 23rd November at the Design Museum, please email fiona.elkins@marketgravity.com to request your ticket and for more information.

Visit corporateentrepreneurawards.com for further info about the CEA.


The CEA 2017: Nominations for Best New Proposition

This year’s call for nominations across several industry sectors is seeing some fantastic entries. As the voting deadline falls closer (27th October!), here’s a sneak peak at a few of them! Meet the big businesses who are launching new innovations and creating an impact in their industry.

The AA: Car Genie

Car Genie, one of the first consumer-led offerings in the telematics space, is a connected car device that plugs into a car’s on-board diagnostics port with a range of benefits for the driver and society at large. This smart little device:

  • Prevents 1 in 3 breakdowns from happening
  • Knows your car’s location so you can find it or see if it’s been moved
  • Detects a crash and triggering a call from us to help
  • Offers fuel efficiency tips, interactive maps and recording your trips

The customer simply checks compatibility for their vehicle online, buys the product, downloads the app, plugs in the device and they're all set.

Watch the video here.

Sky: Sky Mobile

Sky Mobile has been designed to reflect the way consumers use their phones today, offering flexibility, great value and ensuring that customers don’t waste paying for data they don’t use or need.

Sky launched SIM only plans in January 2017, which included the Mix, Roll and Sync propositions.

Customers can mix up their data, calls and texts to create a monthly plan that’s right for them. They can change their plan whenever they like so they only pay for what they need. In addition, Sky TV customers, can enjoy free unlimited UK calls and texts.

Roll enables customers to roll over any unused data for up to three years. There’s no limit to the amount customers can store and they can dip into their online Sky Piggy Bank whenever they like.

Swap gives customers the opportunity to get the latest phone every year with Swap12 or to get our lowest monthly price on bestselling phones with Swap24.

Post Office: Over 50’s Motor Insurance

The Post Office Insurance team wanted to deliver a proposition that the over 50’s segment truly valued. The result? A proposition that offers a range of benefits for this particular customer segment. Customers are guaranteed a saving of at least £50 compared to their existing provider’s best offer with customers often saving much more. The well-researched range of extended protection features such as a no claims discount and excess protection following a non-fault accident with an uninsured driver or following a vandalism claim; £150 child car seat cover for parents and grandparents; and £250 to cover hotel expense or alternative accommodation.

O2: O2 Drive

By using the mobile signal from a customer’s O2 mobile phone, O2 Drive builds a pattern of the customer’s journeys and prices each policy based on the individual’s driving behaviour. Customers can use the driving app to track their performance, provide hints and tips on improvements and even run competitions rewarding customers for safer driving.If a driver understands how they’re driving - they have more control over safety and reduce the likelihood of having a claim and keep their insurance costs as low as possible.

Customers also have access to Car Assistant - a service that makes car maintenance easier. Customers can arrange repairs and services through the assistant, who will secure a competitive price at a local garage and book the work for them.

PS Energy UK (subsidiary of nPower): Powershop

Powershop is not only new, it’s unique. It treats electricity like other consumer goods, allowing customers to purchase as much as they want, when they want. So, for the first time people can now buy energy in the same way that they fill up their car with as much fuel as they need, or stop off for milk when they’re running low. Most energy providers charge a fixed amount every month, which is often based on an estimated meter reading. If this doesn’t cover all the energy used the customer will receive an unexpected bill to make up the shortfall.

Powershop is different, because it gives customers the power to actively manage their account online, or via a free mobile app. So, there are no nasty surprises. And, it gives them the opportunity to make savings against its standard rate by buying discounted bundles of energy called Powerpacks. The more of their usage they cover with Powerpacks – the more they can save. In short, with Powershop, it’s the customer and not the energy provider that’s in control.

GreenFlag: Alert Me!

GreenFlag Alert me was the first successful rescue telematics product to hit the market. GreenFlag AlertMe uses state of the art telematics technology to integrate with a vehicle’s Engine Management and Power Management Systems and translate automotive engineering into easy to understand customer directives through the GreenFlag App.

AlertMe has two primary functions: 1) It monitors the health of the vehicle’s battery and can predict failure before the battery lets the motorist down so they can take preventative action and avoid a breakdown. 2) It connects to the engine management system and translates the meaning of the Engine Management Lamp illumination into one of 16 directives, some of which are safe for the vehicle to be driven to a repairer therefore saving the customer time waiting at the roadside.

HSBC: Beta

HSBC Beta offers a range of innovative new features that give customers more control over their money. HSBC Beta, announced to the press in September 2017, is a trial environment that allows the business to test and iterate a new mobile banking proposition. It is part of HSBC UK’s response to the increasingly competitive, digitally-driven, “open banking” world and reflects an understanding of our customers’ ever-changing relationship with money and their financial needs.

The initial release allows customers to aggregate all their accounts on one screen no matter who they bank with. Customers can add accounts from up to 21 different banks including Santander, Lloyds and Barclays and allows users to see not only their current account but credit cards, loans, mortgages and savings too.

Over the next few months, new features will be added to Beta, including a spend analysis and a digital coach so users can learn how to spend and save better.

British Gas: Local Heroes

Local Heroes offers customers jobs completed in the home, booked within 30 seconds online and backed by a 12 month British Gas guarantee. The service provides customers with price estimates before jobs, has no call out charge, offers online payment and provides the best of both worlds – local service with national backing. The service also provides a new generation of tradespeople that want jobs, on their terms, with flexibility and without having to pay for leads.

The On Demand home services market before this proposition lacked a provider that offered customers an end-to-end digital experience with robust customer support and quality. The market was really limited to directory websites and lead generation sites who had no real ‘skin in the game’ to ensure that the service quality was high. Local Heroes offers that end-to-end journey that others haven’t dared to do. For tradespeople, there were many models which insisted on high membership fees and charges for leads that might not convert, Local Heroes offers a new way of engaging with the market and paying only for the jobs you complete.

The Market Gravity Corporate Entrepreneur Awards

Now in its 8th year, the Market Gravity Corporate Entrepreneur Awards highlight and celebrate the technologies, innovations and teams that are driving businesses forward, and aim to inspire and encourage a community of corporate entrepreneurs to share best practice.

Visit www.corporateentrepreneurawards.com for more information.

 


NEWS: Corporate Entrepreneur Awards 2017 Nominations are open

Big businesses are beginning to exploit the opportunities presented by new technologies, such as the Internet of Things, Artificial Intelligence, Virtual Reality and blockchain to create new products and services to meet customer needs and make their lives easier. To recognise the individuals and teams behind these exciting new developments, Market Gravity has opened the call for entries for the eighth annual Corporate Entrepreneur Awards (CEA).

These established awards highlight the technologies, innovations and teams that are driving businesses forward, and aim to inspire and encourage a community of corporate entrepreneurs to share best practice.

Call for nominations

Market Gravity is calling for nominations in several industry sectors including life sciences and healthcare, technology, media and telecoms, energy, financial services, public sector and non-profit, automotive, manufacturing and industry, and retail, FMCG and consumer products. Best New Proposition awards will be presented to winners across each sector with one overall winner scooping the Best New Proposition of 2017.

Nominations close on 27th October and voting begins on 30th October on the CEA website. A judging panel will debate and decide on the final winners announced at the awards ceremony, taking place on Thursday 23rd November at the Design Museum London.

Past winners include Clydesdale and Yorkshire Bank, Virgin Money, Close Brothers Retail Finance, HomeServe Labs, Dyson, Castrol, Barclaycard, and the Lego Group.

Peter Sayburn, CEO at Market Gravity, says: “Now in its eighth year, these awards recognise and celebrate ground-breaking ideas, products and services that really are changing the status quo. The standard of big business innovation and the adoption of new technology is outstanding and corporate entrepreneurs, also known as intrapreneurs, are bringing new concepts and ideas to large organisations and getting them to market faster than ever before.

“The team at Market Gravity specialises in innovation; creating and launching new propositions and ventures with some of the world’s largest companies. We work alongside some brilliant teams across a range of sectors, helping them to create and launch new products and services that are improving their customers’ lives and helping achieve commercial growth. It's always great to bring together the best innovators from big businesses at the awards. We’re looking for differentiation, customer focus and impact and are inviting companies to nominate their new products, services and ventures into the awards  - we wish everyone the very best of luck.”

 

During the ceremony on 23d November, around 300 of the UK’s most creative, disruptive and entrepreneurial business leaders will enjoy an informal party offering a great networking opportunity and the chance to learn from other innovation experts from some of the world’s largest brands. There will also be a tech zone showcasing examples of the latest technology and the impact it can have, with a competition to win one an Oculus Rift.

How to enter

If you or your team have launched a new product, service or business that you’re really proud of in the last 12 months, enter the Corporate Entrepreneur Awards at corporateentrepreneurawards.com

The deadline for entries is 27th October 2017.


Studio B, innovation lab, banking innovation lab,

NEWS: Driving digital disruption with Studio B

Thanks to the power of a continuing partnership, it's all systems go this month as we help Clydesdale and Yorkshire Banks to launch Studio B - the UK's first design-led banking innovation lab on Kensington High Street.

Working with the Banks’ innovation team, our talented team has helped design, implement and launch the UK’s first experiential banking innovation lab – Studio B.

Studio B invites and encourages members of the public as well as squads of next generation innovators and talented young designers to come in and test, trial and provide feedback on new technology, develop new products and ideas and share insights on their banking behaviours.

 

Studio B, banking, innovation lab
The Studio B banking innovation lab on Kensington High Street, London

 

Located on Kensington High Street, London, squads will take part in timeboxed sprints and apply their perspective to set challenges in order to create solutions to customer problems. They will work with and design technology to meet the needs of the next generation of banking customers. Applicants can apply to join the studio through social media, design blogs, and creative networks and will be judged on their creative thinking and ability to work in teams via a short video interview.

There will be interactive experiences as well as banking facilities and self-service branch technology to give visitors an immersive experience while allowing them to carry out practical banking activities using new technology.

 

Studio B, banking, innovation lab
Studio B offers visitors an immersive experience.

 

Studio B, banking, innovation lab
The Studio B innovation lab space is both inspiring and functional, it is as much a factory, as it is a showroom – designed to deliver, not just to imagine.

 

Nick Sherrard, managing director Market Gravity Edinburgh, led the project. He says: "Studio B will be a unique experience featuring retail, experiential and interactive activities with a programme of creative and informative events to engage with audiences. It’s exciting to see the concept come to life and it’s great to work with such a forward–thinking team bringing disruption and innovation to the banking sector. We’ll be exploring voice recognition, Artificial Intelligence, Virtual Reality, Internet of Things, blockchain and other innovations set to disrupt the sector even further. Exciting times ahead!"

Helen Page, Group Innovation and Marketing Director, Clydesdale and Yorkshire Banks, says: "We want to create the next generation of banking services delivered by the next generation of users. Studio B is our way of reaching out to identify the challenges within banking and to draw out creative and innovative ideas for solutions.

"With the development and launch of our super smart banking service "B" in 2016, and now Studio B, Market Gravity continues to be a brilliant partner. Their experience in banking innovation and disruptive new propositions perfectly complements the ambition and creativity within Clydesdale and Yorkshire Banks. For us, pairing our tech partners with invited guests and members of the public will give us real insights into customer problems and together we will devise solutions that fit into modern, and future, lifestyles and we’re excited to see new ideas brought to market very soon."

If you'd like to read a fuller story and understand how we created Studio B - click here.

For more information about B and Studio B - click here or head to Studio B on Kensington High Street, London.

 

 


Joining forces with London Tech Week Academy to launch mini-MBA

We are delighted to be working in partnership with London Tech Week as it launches its first Academy. The London Tech Week Academy offers a series of unique learning experiences bringing the best and brightest talent to London.

Running from 12th to 16th June, with a focus on innovation in the digital age, London Tech Week Academy will be held at the Academy by Google. Up to 60 individuals from different backgrounds including product, digital, marketing and finance will join a corporate innovation journey going from Post-it® to prototype. The journey will culminate in a pitch to an expert panel.

This ground-breaking new programme, aimed at attracting the brightest and best talent in the UK and globally, will help executives unlock and commercialise digital innovation. Market Gravity co-founder and CEO Peter Sayburn co-created the programme with London Tech Week Academy. And Peter will also lead and facilitate the innovation curriculum, which will allow participants to take corporate innovation frameworks and capabilities back to their organisations.

The learning experience is for individuals with the drive and ambition to move their careers to the next level and help change and drive how their organisation innovates. Employers can sign up executives and high potentials to take part in the experiential learning programme. The programme goes through the innovation process focusing on four types of activities: learning, experiencing, engaging and delivering. Participants can also access exclusive TechXLR8 events, which showcase the latest technology. And they also have the opportunity to meet leading tech experts and innovation strategists.

Peter said: “It’s a fantastic honour for us to be delivering the Innovation mini-MBA together with the team at London Tech Week Academy. We look forward to welcoming innovators working within large and medium business from all sectors. It’s a unique opportunity for executives with between five to 15 years’ experience, as well as their employers, to access insights into delivering innovation within the workplace.

“Innovation is bringing new and exciting opportunities to businesses and now is the time to embrace the technology available and implement new ways of working. London Tech Week’s Academy is the ideal platform for executives looking to learn more about innovation processes first hand.”

Fionnuala Duggan, Director of the London Tech Week Academy added: “This is the first time we’re including an Academy element as part of London Tech Week. Market Gravity was the ideal partner for this immersive and engaging programme, thanks to the team’s deep expertise and experience of innovation within big businesses. We're looking forward to seeing participants engage with tech leaders and innovators at the different events happening throughout the week."

London Tech Week Academy will run three core programmes during London Tech Week:

  • A bespoke one or two-day C-Suite Digital Disruption and Innovation Immersion for senior management groups within a specific organisation, aimed at experiencing and understanding rising technology in action
  • A five-day Innovation Mini-MBA aimed at helping participants learn and practice how to unlock and commercialise digital innovation
  • A one-day digital marketing fast-track running each day from 12th to 16th June for individuals wanting to learn about all the digital marketing tools available today and trends to look out for this year.

Applications for the mini-MBA are open now. To find out more about London Tech Week and to register for the Innovation Mini-MBA, visit https://tmt.knect365.com/londontechweek-innovation-mba .

London Tech Week 2017 will be organised by founding partners, KNect365, London & Partners and Tech London Advocates, with support from strategic partners Tech City UK, ExCeL London, DIT and techUK. More information on can be found https://londontechweek.com/


NEWS: Exploring digital transformation in wealth and asset management

Market Gravity to speak at two-day London event exploring digital opportunities in wealth and asset management

Join business leaders at a two-day event in London aimed at highlighting how wealth and asset managers can implement and get the best out of digital technology through agile working and innovative leadership.

Experts from some of Europe’s top investment management companies will gather to share their experiences of digital transformation and how they use data in new ways to make more intelligent decisions and expand marketing reach.

The event is split into two days (7th and 8th February) with day one comprising a series of workshops followed by a day of keynote presentations, roundtable debates and facilitated panel discussions. Expert speakers include Peter Sayburn, founder and CEO of Market Gravity, who will host an interactive workshop on how to use digital technology to create a highly compelling client offering, putting customers and principles over products. He will share insights on how to build platforms and processes to ensure customers of all age groups love interacting with your organisation, and design products and services that are meaningful and relevant to your audience’s needs.

Peter is an entrepreneur, investor and author who has worked with some of the world’s foremost wealth and asset management businesses. He is passionate in the belief that if large companies are to live and grow in the digital age they must create a culture of innovation and embrace new digital technologies to stay ahead in the competitive marketplace.

Peter says: "Digital technology is bringing new and exciting opportunities to the wealth and asset management sector and now is the time for businesses to embrace the technology and implement new ways of working to engage with customers.

“This event brings together experts to share knowledge, experience and predictions on what’s coming up and highlights how new business models and cultures can improve operations and increase profitability, while meeting customer needs. I’m delighted to be presenting alongside leading innovators and trailblazers within digital transformation and look forward to some lively discussions.”

Jodie Paula Cohen, head of content at Event Creation Network, organised the event and says: “It’s important for the wealth and asset management sector to recognise the potential of digital transformation, technology and agile working to ensure customers are engaged, serviced well and enjoy their experience. A Fidelity report showed that managers who deploy digital technology have 40 per cent more assets under management than those who don’t, so to stay relevant, digital has to be an integral part of their offering. This event aims to inform attendees of the opportunities and offer techniques to put into practice within their organisations to make the most of digital technology.”

The event will run over two days. Workshops take place on Tuesday 7th February at 45 Moorfields, and the second day of presentations on Wednesday 8th are held at 200 Aldersgate, St Paul’s.

As well as Peter Sayburn, speakers include Stephen Ingledew (formerly with Standard Life) and Mary Harper from Standard Life, Billy Burnside from Aviva Investors and Sasha Dabliz from Rothschild Private Wealth.

For a list of sessions and workshops and to book your ticket, http://www.dtiwam-europe.com/index.html


NEWS: New Year Business Resolutions: 5 trends that will transform working practices in 2017

New and rapidly developing ways of working are set to transform businesses - both big and small in 2017. As technology continues to disrupt and advance, businesses must react to these challenges with both speed and agility and adopt the latest thinking and working practices, if they are to survive.

Market Gravity's co-founder and CEO, Pete Sayburn, shares his insight into the latest thinking and ways of working that businesses should be looking to deploy in 2017 and how he and the Market Gravity team have successfully been using these techniques to help their clients grow and transform their businesses.

Design sprints

“Sprints as a concept has gained fast traction in both the UK and US since three partners from Google Ventures published, “Sprint: How To Solve Big Problems and Test New Ideas in Just Five Days” earlier this year.

Design sprints enable companies to go from an idea to a launch that’s live in customers’ hands in days and weeks, rather than months. Let's say you have a business challenge that needs to be addressed. From experience you know that it will take weeks- if not months- to mobilise the business into action. But instead of creating a massive programme and stretching out the work, you launch a proposition in days. You make decisions quickly and within ten days, you move from idea to prototype. From a prototype you find rapid ways to go live and experiment. You learn from real customers, with real data. This saves your business time and unnecessary cost. And it gives much needed confidence to invest before you scale.

Market Gravity recently worked with Standard Life on 20 day mission-based design sprints which explored ways to increase the retention of one of Standard Life’s customer segments.

Steven Ingledew from Standard Life said, “We wanted to launch a disruptive solution quickly, but one that would have minimal impact on our core technology systems. By using the sprint method introduced to us and run by the team at Market Gravity, we have found one. A small empowered team, or squad as a sprint team is called was brought together to respond to the challenge we’d set, with a constraint that was time boxed. The result of the experiment was the development of The Financial Butler, a new smart chat interface which were able to get in the hands of a small number of customers, in a real environment with real data before scaling it.”

Mission culture and mindsets

“Alongside the sprint technique, organisations need to pursue a mission in 2017, not simply set a scope. They need to adopt a 'mission culture', which focuses on empowering people to make decisions and organises people around a business challenge, with a constraint that’s time-boxed.

This group of people takes on the ‘mission mindset’. The mission mindset enables expedited decisions, not long committee-led debates. Culture should be at the heart of any company's transformational change. It is people who deliver change, not processes.

Mission culture is already driving change and real innovation within the new breed of challenger brands in the financial services market such as Clydesdale Yorkshire Banking Group with their digital banking platform- B, which launched earlier this year.”

Squads

“Simply forming working teams is old hat. The new approach for choosing an effective group that will be charged with achieving a mission within a certain timeframe is “squad”. They aren’t just a team, they’re a squad whose mission it is to deliver the sprint and build a new proposition, without being distracted by their day-today job roles.

Ideally, the squad will be built from a diverse group of people of differing skillsets, genders and diversity. The more diverse the group are, the more likely they are to bring about positive innovation outcomes for the business.

A squad has a high degree of freedom (agility) with the choices they make within the mission. They can make quick decisions and flex the process as much as they need to in order to achieve it and they aren’t constrained by the normal rules of the business.”

Customer co-development

Customer co-development means involving customers at every stage of the journey when creating new propositions. It’s not enough to just generate one set of customer data at the outset for research and insight purposes. We’ve identified that constant communication and partnership with customers brings better results for businesses in the long run.”

It’s about creating the right culture where consumers are at the heart of propositions. The more exposed your customers are to every aspect of the design stage and prototyping, the more likely the project is to succeed when it goes live.

For example, at Market Gravity we did this successfully with AA recently when we asked a selection of customers to keep diaries on behalf of their cars throughout the year. This enabled them us to help their team design a new service informed by a steady stream of live customer data related to their vehicles.

Sandboxing

“Sandboxing is about creating a safe place where you can innovate and create new ideas for your business - without consequences. It gives you the space and environment to create something and experiment. Creating “a sandbox environment” often means physically removing businesses from their office environment or HQ in order to achieve success.

But why sandbox part of your business? Businesses are not always set up to allow for innovation. Or they have the ideas but lack the mindset, speed, skills and environment required to get them out of the door quickly. In addition, there’s an ongoing business to run which can mean there isn’t always internal resource available to work on these types of ideas. That’s where companies like ours come in – we effectively create start-ups within their companies. Sandbox environments that allow us to play, reinvent and re-imagine projects.

Sandboxes are becoming increasingly important in the financial sector as it is subject to frequent regulatory changes. Sandboxing creates am environment for financial services firms in which to play and develop their proposition using customer data.

 

Read about the 10 benefits of sprints here.

 

If you’d like to understand more about these trends and how you can use them to grow your business, get in touch.

peter.sayburn@marketgravity.com