Knowledge Sharing and Innovation
In 2011, a Knowledge and Innovation (K&I) Officer was appointed to stimulate knowledge sharing and innovation at FMO and with clients. The K&I Officer is in charge of innovation throughout FMO, making innovations visible, managing innovations where needed and communicating about innovations inside and outside the company in order to stimulate employees. In 2012, this resulted in the FMO Innovation Awards, which celebrated the Best Innovation, the Best Stolen Innovation—a new innovation for FMO that has been borrowed from another company or organization—and the Best Failed Innovation—the innovation that, despite being a good idea, failed to land. In addition, an innovation team and innovation pipeline was set up to monitor, support and, where necessary, kill off innovations within the bank.