Deborah Hopkins, head of Citi Ventures and chief innovation officer at Citi, outlines what organisations need to do to survive as the pace of innovation quickens.

An interesting component of my job as the chief innovation officer at Citigroup is the opportunity to spend time with other corporations discussing our journeys in driving innovation in big companies. These companies span multiple industries, often far afield from financial services. Since we opened Citi Ventures in Palo Alto in 2010, 200 corporates have landed teams in Silicon Valley. We often meet them as they are considering coming here and…