Good Ideas have a history of being ignored. How can you work with users to identify and deliver value for your organisation?
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Synopsis
Large organisations have an asset that is frequently under-utilised. They have an army of people with direct knowledge of where the opportunities exist and how to approach them. However, good ideas can be unintentionally suppressed by organisational hierarchy and process.
In 2021, whilst the world was still in lockdown, we asked ourselves the question: ‘How can we engage all our people to identify, refine, prioritise and rapidly develop innovative solutions that will help us be more effective?’ At the end of the process, over 1000 people (a quarter of the entire organisation) had taken part, 82 ideas had been submitted, and four winning ideas had been implemented.
Do you want to unlock the power of technology innovation in your organisation? Join the session and find out how we did it.
About the speaker
Edmund Towers
Ed leads the FCA's Advanced Analytics and Data Science function and is responsible for developing and embedding data science, machine learning and artificial intelligence tools and capabilities across the organisation.
The team's work supports a broad remit of regulatory priorities, from identifying scams and detecting problem firms to testing firm compliance with financial crime regimes and analysing the impacts of Costs of Living on Consumers .
Since joining the regulator in 2015, Ed has led several transformation initiatives. Before the FCA, Ed worked as a consultant within Financial Services.
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COVID-19
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This event is brought to you by: BCS Project Management specialist group (PROMSG)
