Innovation Booster: accelerating intrapreneurship at RISK function
January 30, 2018 at 09:20 am EST
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The incubation phase is a pivotal step in any project. Coming immediately before any decision to invest in a prototype, this step serves to flesh out budding ideas.
To ensure the best chances of success to every project, Innovation Booster provides each intrapreneur with tailored support. Employees have a chance to discover new ways of working that are inspired directly from the start-up world's favorite methodologies (design thinking, agile method, reiteration, pitch, etc.).
During this phase, each team works to define their project, notably in terms of:
Customer experience: a detailed description of customer needs and the new concept to meet these needs
Product: the first prototype, providing a concrete vision of the first versions of the finished product
Ecosystem: identifying internal and external partners, and forming the best team for the project launch
Data and architecture: description of the company's model, architecture and target
Economic model: necessary investments, as well as revenue projections
BNP Paribas SA published this content on 30 January 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 30 January 2018 14:19:10 UTC.
Original documenthttps://group.bnpparibas/en/news/innovation-booster-accelerating-intrapreneurship-risk-function
Public permalinkhttp://www.publicnow.com/view/EC9C7DF14337D6C80DABAD5B3AC688A267F685CC
BNP Paribas is France's largest banking group. Net banking product (NBP) breaks down by activity as follows:
- retail banking (54%): retail banking activity in France (24.1% of NBP), in Belgium (14.6%), and Italy (10.2%). The remainder of the NBP (51.1%) is from international activities and specialized financial services activities (consumer loans, real estate credit, leasing credit, car fleet management, computer equipment leasing);
- finance and investment banking (34.4%): consulting and capital market activities (83.7% of NBP; merger-acquisition consulting, activities related to the stock, interest, and exchange markets, etc.) and financing (16.3%; financing for acquisitions, projects, raw material transactions, etc.);
- institutional and private management and insurance (11.6%): asset management, private banking activity (No. 1 in France), real estate and on-line brokerage services, insurance and securities services (No. 1 in Europe for retained securities).
At the end of 2023, BNP Paribas was managing EUR 988.5 billion in current deposits and EUR 859.2 billion in current loans.
Net banking product is distributed geographically as follows: Europe, Middle East and Africa (82.9%), America (9.8%) and Asia/Pacific (7.3%).
BNP PARIBAS 
