59 | ⚠️ The Brutal Truth About Corporate Innovation: Why Big Banks Can’t Move Fast Enough 🏦 with Jazz Samra (Wells Fargo)

Nov 12, 2024

29:29

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Episode notes

Jazz Samra, Head of Innovation and Strategic Partnerships at Wells Fargo, is an expert in fostering collaboration with tech companies and venture capital firms.

In this episode of Good Revenue, host Neeta Bidwai and Jazz cover:

• Key global trends shaping the financial services sector

• Opportunities for innovation in collective banking and generational wealth transfer

• Wells Fargo's five principles for driving innovation

• The balance between centralized and decentralized innovation approaches

• The importance of customer focus and product-led innovation

• The concept of the 'middle path' to innovation, blending building, buying, and co-creating

• Strategies for balancing innovation with regulatory requirements

• Metrics for measuring innovation success in large organizations

• The role of diversity, equity, and inclusion in tech innovation

• Advice for startups navigating the current economic climate

• Personal insights and career reflections from Jazz

Jazz's extensive experience offers valuable lessons for business leaders looking to drive sustainable innovation and growth in the financial services sector. Tune in to gain insights on how to stay competitive and innovative in a rapidly evolving landscape.

Where to find Jazz:

https://www.linkedin.com/in/jazzsamra/

Where to find Neeta:

https://www.linkedin.com/in/neetabidwai/

Where to find Good Revenue:

https://goodrevenue.io/goodrevenue

Highlights:

00:00 Introduction and Guest Welcome

00:47 Global Trends in Financial Services

02:39 Innovation at Wells Fargo

05:53 The Middle Path to Innovation

07:06 Operationalizing Innovation