Asian countries continue to rise in the world innovation rankings. In the 2017 Global Innovation Index, the top 25 included Japan, China and Hong Kong. Singapore also made the top 25 and is fast growing into an innovation powerhouse. More global organisations are setting up their corporate innovation programs in Singapore in large part due to its strategic location and innovation-friendly environment.
Singapore’s own DBS launched DAX (DBS Asia X) towards the end of 2016. With the vision of making banking easy, fast and effortless, DAX regularly hosts both staff members and startups to run hackathons and customer journey sessions. DBS also runs their own accelerator program called Hotspot, a program designed to nurture entrepreneurship in Singapore through experimentation, mentorship and training.
DBS isn’t the only bank making innovation inroads in Singapore. OCBC launched The Open Vault in early 2016 with the focus of driving ideation, prototyping and deployment of new technologies, business models and solutions. They have just wrapped up their 2017 Corporate Accelerator Program, with six startups successfully completing the program.
The WorkFlow podcast is hosted by Steve Glaveski with a mission to help you unlock your potential to do more great work in far less time, whether you're working as part of a team or flying solo, and to set you up for a richer life.
To help you avoid stepping into these all too common pitfalls, we’ve reflected on our five years as an organization working on corporate innovation programs across the globe, and have prepared 100 DOs and DON’Ts.