Share this
Phone a Friend: The Necessity of Collaboration in Innovation (with Jonathon Taylor)
by James Robert Lay on December 26, 2022
Brief Summary of Episode #257
We may be entering a digital golden age of collaborative innovation in the financial space.
Smaller financial institutions and fintechs all over the world are coming together to bring revolutionary ideas to life.
But so many other brilliant concepts never even find a heartbeat. Why?
“Everybody has an innovative idea,” said Jonathan Taylor, CEO at CU Sol. “and either they’re afraid others won’t think it’s good, or they don’t know where to start.”
Fear of failure is perhaps innovation’s greatest adversary. But it’s not just individuals who struggle with it - organizations can be handicapped by it, as well.
“The thought thread is it would take too much time, it would be too difficult, and we would make too many mistakes,” Jonathan said. “We’ll just wait until somebody else comes up with it.”
But by coming together and sharing ideas with people we trust, we can bring innovation to life.
“Call somebody today and share it with somebody else and see what happens,” Jonathan suggested. “And you know who to call. You’re thinking about them right now.”
Through collaboration, we can harness innovation.
Key Insights and Takeaways
- Collaborative projects like the CU Safe domestic abuse program (5:53)
- Innovating for ourselves versus a focus on helping others (11:02)
- Why so many innovative ideas are left on the cutting room floor (19:55)
How to Connect With Jonathan Taylor
Share this
- Exponential Insights (241)
- Article (90)
- Practical Perspectives (55)
- Strategy (47)
- Inside Digital Growth (46)
- Digital Growth Journeys (38)
- Purpose (30)
- platforms (22)
- Podcast (19)
- Production (19)
- Process (17)
- By the Book (14)
- Behind the Cover (12)
- Digital Leadership (12)
- New Starts Now (10)
- Clarity Calls (9)
- Products (9)
- Pathways (8)
- Real Solutions (7)
- Video (7)
- Heart of Growth (6)
- Game Changers (5)
- Performance (5)
- Promotion (5)
- Website (5)
- Personas (4)
- banking on change (3)
- Analytics (2)
- Content Marketing (2)
- Hurricane (2)
- Financial Brand (1)
- June 2025 (1)
- May 2025 (2)
- December 2024 (3)
- November 2024 (7)
- October 2024 (9)
- September 2024 (13)
- August 2024 (12)
- July 2024 (13)
- June 2024 (13)
- May 2024 (12)
- April 2024 (10)
- March 2024 (11)
- February 2024 (8)
- January 2024 (10)
- December 2023 (7)
- November 2023 (8)
- October 2023 (12)
- September 2023 (11)
- August 2023 (15)
- July 2023 (18)
- June 2023 (13)
- May 2023 (16)
- April 2023 (10)
- March 2023 (13)
- February 2023 (14)
- January 2023 (17)
- December 2022 (9)
- November 2022 (15)
- October 2022 (14)
- September 2022 (14)
- August 2022 (19)
- July 2022 (15)
- June 2022 (15)
- May 2022 (22)
- April 2022 (21)
- March 2022 (17)
- February 2022 (14)
- January 2022 (14)
- December 2021 (9)
- November 2021 (14)
- October 2021 (17)
- September 2021 (13)
- August 2021 (12)
- July 2021 (14)
- June 2021 (17)
- May 2021 (10)
- April 2021 (15)
- March 2021 (12)
- February 2021 (16)
- January 2021 (18)
- December 2020 (21)
- November 2020 (13)
- October 2020 (20)
- September 2020 (13)
- August 2020 (17)
- July 2020 (15)
- June 2020 (7)
- May 2020 (16)
- April 2020 (1)
- March 2020 (4)
- February 2020 (2)
- January 2020 (2)
- December 2019 (1)
- July 2019 (1)
- April 2019 (1)
- May 2018 (2)
- January 2018 (6)
- December 2017 (3)
- November 2017 (3)
- October 2017 (3)
- August 2017 (1)
- June 2017 (2)
- May 2017 (1)
- April 2017 (1)
- February 2017 (1)
- January 2017 (1)
- December 2016 (1)
- September 2016 (2)
- August 2016 (1)
- July 2016 (1)
- May 2016 (1)