Innovation @ Merage - UCI Paul Merage School of Business : Financial Services

Social Network Lending - Solving the Credit Crisis One Loan at a Time

admin — Tue, 03 Mar 2009 21:21:00 GMT

Abstract: In an innovative approach to the credit crunch, next-gen lenders are teaming up to market their on-line services to consumers. Using a peer-to-peer model, these lenders offer an interesting alternative to the traditional credit market.

Published: February 25, 2009

Author: Anya Kamenetz

Link: Fast Company

Wall Street Turns to Video Game Technology to Speed Analytics

admin — Mon, 28 Jul 2008 23:07:00 GMT

Abstract: "Wall Street's thirst for faster processing speeds and low-latency analytic computations is turning into a game, of sorts. Graphics cards that are used to power game consoles such as PlayStation and Xbox are turning up on quantitative trading desks, where they're being used to calculate options analytics."

Published: June 18, 2008

Author: Ivy Schmerken

Link: Wall Street & Technology

The Four Bases of Organizational DNA

admin — Fri, 07 Mar 2008 02:01:00 GMT

A great strategy alone cannot guarantee a company increased revenue, profits, or share. It's effective execution that distinguishes the best-performing companies. Superior and consistent execution occurs only when each individual acts in alignment with the overall strategic interests and values of the company. The organization's DNA governs this behaviour.

Source: Gary Neilson, Bruce A. Pasternack, and Decio Mendes
Link: http://www.strategy-business.com/press/article/03406?pg=0

Raising Your Return on Innovation Investment

admin — Fri, 07 Mar 2008 01:56:00 GMT

Profitable innovation cannot be bought. Simply spending more usually leads to a waste of resources on increasingly marginal projects. The solution to innovation anemia is not to boost incremental spending, but to raise the effectiveness of base spending — to increase the return on innovation investment, lifting the firm’s “ROI2.”

Source: Alexander Kandybin, Martin Kihn
Link: http://www.strategy-business.com/resilience/rr00007?pg=all