Innovate or Become Irrelevant

Consider the retail apocalypse that has taken place recently. Many retailers have been “Amazoned”. Others, like Walmart and Target, have expanded their e-commerce capabilities and, at the moment, look like survivors. How did Amazon do it? Will your company remain relevant over the next few years?

The challenge of how to innovate in today’s evolving landscape was the topic of a recent executive roundtable held at the Saint Louis Club in Clayton, Missouri on September 18, 2019. The event was generously sponsored by Midwest BankCentre, chaired by Michael Flavin, Regional President, and attended by leaders from the following St. Louis based companies: Northwestern Mutual, Cortex Innovation Community, Delta Dental of Missouri, S.M. Wilson & Co., Neocova, Drilling Service Company and L10 Performance Solutions.

The roundtable was facilitated by Jason Bordui, Balanced Growth Founder and President, and Bill Edwards, Chief Innovation Officer and Chief Information Officer at Midwest BankCentre. During a highly interactive session attendees shared their experiences with their respective innovation journeys. All agreed that innovation is key to the future success of their organizations. The interaction proved to be stimulating and useful in tackling the daunting challenge of keeping up with market forces and emerging technologies.

Watch some excerpts from the roundtable in the video clip below.

Want to read more from Balanced Growth on innovation? For a copy of our presentation from the session, please email us at innovate@balancedgrowth.com.

Balanced Growth Consulting specializes in strategic and operational innovation. We create enduring value for our clients by enhancing customer experiences, achieving operational efficiency, and generating new sources of revenue. In collaboration with client leaders and teams, we design, implement, and accelerate high-impact operational, technology, and innovation initiatives.