Best Practices From Vanguard's Innovation Studio [Forbes]
Johnson & Johnson (JNJ)
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Source: Forbes
Best Practices From Vanguard's Innovation Studio Vanguard has has had innovation in its DNA for some time. It existed in pockets across the company. The company’s curren chief information office John Marcante took the company’s former CEO, Bill McNabb, to Silicon Valley several years ago. It was a "lightbulb moment" of sorts, as the company realized the amount of innovation and venture capital being put toward financial services and fintech, more specifically. Marcante elected to spearhead the creation of an innovation group, and eventually the establishment of an Studio. Lisha Davis, now a nine year veteran of the company, and formerly a member of the Corporate Strategy team at Vanguard, took over the Studio roughly three years ago. Though the company had its headquarters in the Philadelphia suburbs of Malvern, PA, it chose Center City Philadelphia as the location of its According to Davis, there were three motivations for building the innovation studio, which were finding new ways
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