4.     Sometimes what is needed is a benign dictator to drive the firm to not just explore many ideas and options, but to push to get things done. Get innovation executed into the market and further iterate from there.

These are valuable perspectives for firms of all sizes as innovation runs into familiar obstacles for all. Smaller firms can learn, borrow and apply innovation best practices from larger firms to promote more innovation in their businesses.

 

The Institute for Innovation Development is an educational and business development catalyst for growth-oriented financial advisors and financial services firms. We position our members with the necessary ongoing innovation resources and best practices to drive and facilitate their growth, differentiation and unique community engagement strategies. The Institute was launched with the support and foresight of our founding sponsors--Pershing, Voya Financial, Ultimus Fund Solutions, Fidelity, MeridianIQ/AdviceIQ, Innovation Equity Partners and Charter Financial Publishing (publisher of Financial Advisor and Private Wealth magazines). For more information or to join click here
 

 

 

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