Surname 1

Name

Professor Name

Affiliation

Due Date

Innovation Landscape Map

Pisano classifies innovation based on its influence on business models and technology. In

my experience in the banking sector, I have actively participated in improving projects and

exploring the possibilities of currencies based on technology. Below is the innovation landscape

map for my inventions.

DISRUPTIVE ARCHITECTURAL

Innovations that disrupt the norm have the Improving the mobile banking app is a
power to create brand markets or industries practice that seeks to enhance an
often leading to the displacement of existing product without making drastic
established players, in those fields. changes.

Example Example
Block chain-based Digital Currency Mobile Banking App Enhancement

ROUTINE RADICAL

In the field of banking routine innovations Groundbreaking advancements result in

often revolve around making alterations, to products or procedures
improvements, to existing products or without causing disruption within the
processes. industry.
 Surname 2

Blockchain-Based Digital Currency

In the banking world, technology is being utilized to introduce a form of currency. With

the rise of decentralized blockchains and cross-border transactions that do not require trust,

financial systems face a challenge (Bronkhorst & Janssen 135). This development has the

potential to completely transform the landscape by offering transparent and efficient operations.

Central Bank Digital Currencies (CBDCs) aim to enable individuals who do not have access to

banking services to make payments. The success of CBDCs will heavily rely on factors like

protecting privacy, ensuring cybersecurity measures are in place, and implementing monetary

policies.

Mobile Banking App Enhancement

There is room for improvement in mobile banking apps to make them more user-friendly

and to introduce features. Keeping the app's goal while making these changes is important, as it

will ultimately benefit the users. Security is a concern when creating mobile banking apps, so it

is advisable to gather user feedback before diving into development. This improves the

efficiency. The apps provide customer support, payment processing, bill payments, notifications,

and account management.

 Surname 3

Works Cited

Bronkhorst, Jeroen, and Marijn Janssen. “Commoditization and ITS Product Innovation Strategies

from an IT Firm Perspective.” Information Systems Management, vol. 36, no. 2, 3 Apr.

2019, pp. 126–140, https://doi.org/10.1080/10580530.2019.1587575.