Jan 01 2005

Key Findings 2.0 - Transformational Ideas from i³

Cross-functional teams spent six months to a year in actual and virtual meetings nurturing ideas, and in some cases, testing them in their credit unions. This publication details the innovations, some of which are already finding their way into the marketplace.

Creativity and product innovation are essential elements for an organization to thrive and survive in today’s market. Workday demands and deadlines make innovation a difficult, perhaps elusive goal to attain. Filene i3 met during 2005 in venues such as Austin, Texas and Madison, Wisconsin, far away from the workplace and unfettered by organizational boundaries to develop new products, services and business models for the credit union industry. Seven innovations were developed that are being discussed, debated and adopted by credit unions throughout the United States.

The i3 process — as essential as the ideas — serves as a template to bring innovations to both individual credit unions and the industry. Cross-functional teams spent six months to a year in actual and virtual meetings nurturing ideas, and in some cases, testing them in their credit unions. This publication details the innovations, some of which are already finding their way into the marketplace.