All posts tagged workshop

  • Reflections on running an innovation workshop for bankers.

    TropicalGringo Hacking Finance NextBank
    This week, I was invited by some top-notch colleagues (Andres Fontao and Fermin Bueno with a great recommendation from Dan Gertsacov) to work with executives from the top banks in Colombia by running a digital innovation workshop we called “Hacking Finance @ Next Bank Bogotá”.  I must say that I enjoyed myself immensely and was pleasantly surprised by the engagement I saw from the bankers.  Andres and Fermin worked with me on designing the workshop with group activities and interaction with real-world unbanked consumers.

    It is evident even here in Colombia, where the banking industry makes some pretty nice profits, that global disruption is of deep concern to the banking industry.  In fact, this year, I’ve been working with a few corporate clients and have noticed a heightened interest in innovation and the whole startup phenomenon. Though this has made for some stimulating work, by far, the most satisfying experience of this year has been working with the companies that I advise and, in particular, working full-time with one of these (I need to write a post on this).

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  • Group Buying

    OffermaticPreviously, I’ve written about companies such as Brazil’s Compra3 (in VentureBeat and the New York Times), which group people together to purchase goods and services with some additional value (such as deep discounts).  There’s much potential in this formula.

    Now, there’s a new player called Ofermatic that utilizes a point system (accepting many varieties of credit cards) and gaming mechanics to increase the level of engagement for consumers.  According to the company, they provide between 10 and 100 times better repeat conversion rates than other sites.  During my last Digital Innovation Workshop, I spoke about this company and about the fact that, if companies were more focused on digital innovation, perhaps an established player could have developed this idea.

  • Excellent way to end the year – with a workshop

    Digital Innovation WorkshopLast Wednesday, a group of 16 people and myself had an excellent time during the Digital Innovation Workshop that I directed at Microsoft’s offices in Bogota, Colombia.  For me, the best part was the interaction between the participants as well as between them and myself. It was a truly rewarding experience as I’m sure the next workshops will be also.

    Each day, I’m astonished by the continual disruption happening in industry after industry where new competitors pop up from unexpected places in the same way that a computer company (Apple) disrupted the music business and the way that DVD rental-by-mail company (Netflix) disrupted the cable business.  We looked at these and many more examples and discussed the implications for each particpants’ businesses.  Participants came from companies such as Colmedica, Banco de Bogota, Belcorp, Legis, Intergrupo, Federacion de Cafeteros and others.

    Finally, we ran through three interactive and stimulating exercises so that everyone would leave the workshop with the necessary tools to start rethinking their own businesses and collaborating with colleagues on how to proactively anticipate innovations in their own industry and innovate with new business models. It was truly a great group of people and I thank them for the stimulating discussions and the energy and passion that they put into this unique learning experience.

    Digital Innovation Workshop from Tropical Gringo on Vimeo.

  • Paradigm Shift: SaaS/Cloud Computing Workshop

    Taller SaaSLast week, I finished one of my SaaS workshops.  Eight people registered (from four companies) to learn about SaaS models that have worked, different options of revenue streams and use new tools to get to a concrete set of actions to execute and develop a SaaS offering with much more chance of success.

    Some of the quotes from the attendees: “The workshop confirmed to me that my understanding that continuous innovation in business is a reality”, “We now have tools to create a solid SaaS plan”, “We learned a ton!”, “The workshop allowed us to plan everything we need to plan,”the learnings from the workshop will allow us to convert our abstract ideas to concrete plans,”we now have new ideas for SaaS initiatives which we never had planned.”

    In Latin America, Venture Capital is still scarce for startups, so there’s a big chance that the trailblazers will come from existing companies with profitable revenue streams.  Nevertheless, there are already startups (such as JoinCube) that are off and running with their initiatives.  This workshop is designed to get the group learning from each other and provides some conceptual models for team members to exchange ideas in order to, first, develop an original plan and, secondly, to iterate or “pivot” quickly as the project starts to take flight.

    I will be giving this workshop in Colombia and then in other countries.  There are two versions of the workshop.  One is focused on developing SaaS offerings.  The other is for employees of large companies in Latin America interested in taking advantage of digital innovation and understanding how, as John Hagel espouses in his white paper on the “Shift Index”, digital technologies are transforming industries such as banking, retail, tourism and media.  Participants will make use of new tools to develop innovation initiatives for their companies while becoming literate on the “new world” that has come into being through digital technologies.