Open Innovation in International Banking


Special thanks to my colleague John Stewart from Royal Bank of Scotland for co-presenting with me on “Open Innovation in International Banking” at the First Annual World Open Innovation Conference.

A popular presentation, with a mix of corporates and academics, we emphasized that while we each serve our own companies and drive innovation forward, our common goals and common approaches have allowed us to collaborate in an open way and become significantly more effective as “pack hunters” (rather than “lone wolves”) giving more value back to our organizations than either of our groups could individually. We do everything we can to provide high-value innovation services and resources, supporting our respective enterprises, as well as clients and stakeholders.

2014 12 Worldwide Open Innovation Conference

iPhone & iPad in Business

Even after a few years, I still receive excited inquiries based on Apple’s profile and video segment spotlighting Standard Chartered’s early adoption of iPhone and iPad as a mobile platform within the enterprise.

Times and technology change while Standard Chartered continues its 160 year-old legacy of forward thinking.


Standard Chartered’s New Global Research App for iPad

Exciting news from Standard Chartered, announcing the launch of the new Global Research App for iPad. Link to this app on the Apple App Store here.



Our award-winning*, cross-asset class and macro-economic research covers Asia, Africa, the Middle East and beyond. Now you can access it all on the go.


Download our new iPad app today and access our unique insights and high-conviction research publications wherever you are, whenever you like. Plus, our user-friendly screening tools allow you to explore global forecasts and recommendation data quickly and easily.

Other features include:
• Integrated research data and analytical tools
• Content customisation – follow products, countries or articles
• Search and filtering
• Offline reading – download and view later

If you already have access to our research website, you can download our app using the same log-in details. If you don’t currently have access, simply contact your Standard Chartered Relationship Manager to register.

Standard Chartered Global Research content is only available to our Wholesale Banking clients.

*Named Top Forecasting Bank out of 384 Banks by Bloomberg in 2011

2012 CIO Symposium at MIT – Enterprise Mobility

Enterprise Mobility 3.0

Enterprise Mobility 3.0 is the inherent face of the new untethered enterprise. It will have deep imprints in the business processes, IT infrastructure and security policies in the company. In a world where work-related information is accessible, anywhere, anytime, new powerful and smarter phones, tablets, and other Internet-enabled devices will usher us into a new era of countless opportunities and exciting challenges. These challenges loom – Mobility 3.0, after all, speaks to a certain level of maturity attained within enterprises – some new, some not-so-new. For example, security policies will have to be revisited for viability and sustainability. Productivity, agility and other business metrics will have to be measured with some rigor. Organizations will also have to measure if the investments in Mobility 3.0 are finally generating the payback and ROI that the executive suite has been looking for.‬

Our panel of senior technology and business executives will share their experiences of piloting through this transformation in their organizations with leading and leadership around Mobility 3.0.

Rainn Wilson on Todd Schofield: “He smelled nice.”

Award ceremonies are especially great when they keep you on your toes. Sometimes literally. I recently received a 2011 Adobe Max award on behalf of Standard Chartered Bank.  Standard Chartered’s mobile banking app does indeed make banking a breeze while on the go, and the award was well deserved. More on the excellent Breeze product here:

Presenting at the Adobe Max 2011 awards, the actor Rainn Wilson was in in great form.  Not only did he refuse to shake my hand at first, but he wanted to dance.  So we danced!


After I left the stage, Rainn Wilson could only comment “He smelled nice.”

Silicon Valley Is A State of Mind

I’ve had the good fortune to have one of my managers in town from overseas. As a Silicon Valley veteran, he “got” the culture and odd approaches that sometimes happen here. The combination of very smart people and an environment where people want to try new ideas and approaches, is a very good place to locate a business unit and get some of the best talent in the world. There is a certain kind of mentality developed when hunger and drive live within a person, and are combined with a “yes” thinking community. As work progresses, it’s no cakewalk to get a startup up and running, but the work is most often for a love of what one is doing, tolerance for risk, and a deep belief in the value of the product or service itself. A culture that actively supports and encourages this kind of thinking multiplies the outcome even more, and it all comes back to their mentality. So, Silicon Valley is not merely a place, it is more critically, a State of Mind.

With that in my head, while sitting in a coffee shop in Mountain View, I was reading a newspaper and came across a description of exactly the Silicon Valley mindset that I’m discussing. Written in 1902!

“Combined with the dogged persistency with which the head of this firm has built up this great business step by step, we must concede the high degree of native intuition our subject has shown. To possess the faculty of knowing an opportunity when one sees it is a great thing. Merely plugging along accomplishes nothing unless directed by intelligent effort-and then it becomes a world-beater.”

Futureproof Your Business – Ha!!!

I implore technology advertising and seminar communities to never, ever use the term “futureproof” in any context except to mock the concept.

There is a world of difference between progressively evolving your business, and an all-singing, all-dancing, futureproof  technology solution that so many work so hard to sell.

Several generations ago, my family made their fortune selling farm implements and prospecting supplies in the United States Washington territory, now Washington State.

Immigrants from Skane County, Sweden, the Polsons began farming in La Connor, WA and later created the Polson Implement & Hardware Company, selling supplies to Washington farmers and Alaska gold rush prospectors.

A visitor to the Polson Implement Company’s  storefront in downtown Seattle in 1904 would find a variety of farming and ranching supplies combined with a wide array of hitches and bridles so that automation machines could be pulled by a farm horse. All amazing technology for the time. Although agricultural implement technologies evolved over time, the Polsons didn’t carry anything that could futureproof your farm; even if it may have seemed like it at the time.

We work in an environment  in which technologies change and mature at alarming rates.  The most important aspect is to balance the focus on the steps to make your business successful today, as well as strategic planning and steps to advance and be ready for what you think the future will hold.

As a technology marvel featuring rollers and ball bearings, and despite it being “a practical poem in steel”  even the mighty Deering Steel Binder was not futureproof.