Steve Faktor

Steve Faktor Email and Phone Number

CEO of IdeaFaktory innovation incubator, author of Econovation, Forbes & HBR writer; ex-Fortune 100 Innovation Executive @ IdeaFaktory (dba Blue Beacon Partners, LLC)
Steve Faktor's Location
New York, New York, United States, United States
Steve Faktor's Contact Details
About Steve Faktor

Steve Faktor is an innovator, futurist and digital commerce expert. He is Managing Director of IdeaFaktory, which helps companies accelerate growth by partnering with top startups, developing new innovations, and restructuring for growth. As a senior executive at American Express, Citi and MasterCard, Steve has created several $100M+ businesses and deployed multiple enterprise innovation programs. He is author of Econovation, which critics describe as “a fascinating, erudite, bitingly funny, well researched, and…important book“ about capitalizing on the end of consumerism and rise of 'producerism'. Steve is a top-ranked global keynote speaker, who has keynoted major events for CFO Magazine, New York University, Harvard, PDMA, Frost & Sullivan, Rocketspace, New Media Expo and numerous corporations. He also leads workshops, ideation and training sessions based on his proprietary 4C’s of Innovation(TM) methodology. Steve writes provocative articles on innovation and entrepreneurship for Forbes and Harvard Business Review and is one of 160 original Linkedin Influencers (along with luminaries like Richard Branson). Steve graduated from the NYU Stern School of Business and lives in New York City. He actively supports Junior Achievement and several Thai restaurants in his neighborhood.You can learn more about Steve and IdeaFaktory here: http://www.ideafaktory.com/about/NOTABLE LAUNCHES:American Express: Zync | LoyaltyEdge | X-Points | Private Sales (JV with Ventee Privee) | SimpleFX | Facebook travel app | MasterCard: Commerce Coalition & Commerce Intelligence | SpendingPulse |EXPERTISE: Innovation | Strategic Planning | Business Development | Marketing | Business Model Design & Pricing | Stage-Gate(TM) NPD | Executive Facilitation | WhatIf!(TM) Ideation | Social Media | Process ChangeINDUSTRIES:Financial Services & Payments | Consumer Goods & Services | Technology & Electronics | Professional Services | Advertising | Retail | Internet

Steve Faktor's Current Company Details
IdeaFaktory (dba Blue Beacon Partners, LLC)

Ideafaktory (Dba Blue Beacon Partners, Llc)

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CEO of IdeaFaktory innovation incubator, author of Econovation, Forbes & HBR writer; ex-Fortune 100 Innovation Executive
Steve Faktor Work Experience Details
  • Ideafaktory (Dba Blue Beacon Partners, Llc)
    Managing Director
    Ideafaktory (Dba Blue Beacon Partners, Llc) Jan 2012 - Present
    New York, New York, Us
    IdeaFaktory delivers innovation with impact, or Econovation(TM)1) Work with a vast network of corporations to understand their biggest challenges and create innovative solutions. Then, choose best-in-class tech startups to commercialize it.2) Help corporations create profitable new business lines or transform and revitalize struggling products and services. Specialties include loyalty platforms, new consumer technologies, B2B services, and digital/social/mobile commerce. 3) Use proprietary 4C’s of Innovation(TM) approach, proven at companies like American Express, MasterCard and Citi to create best-in-class innovation programs. The 4C's are:- Context (gathering trends, insights and identifying growth opportunities)- Creativity (developing a growth pipeline of opportunities)- Capabilities (enabling systems, technologies and processes)- Culture (our extensive HR staffing, change management, coaching, and rewards program that includes our 9 Corporate Personality Types(TM) methodology). For more details visit http://www.ideafaktory.com/about/
  • Forbes Magazine
    Contributor On Innovation
    Forbes Magazine Sep 2012 - Present
    Jersey City, Nj, Us
    Write about innovation, entrepreneurship, and emerging opportunities at Forbeshttp://blogs.forbes.com/stevefaktor/
  • Harvard Business Review
    Contributor
    Harvard Business Review May 2012 - Present
    Brighton, Ma, Us
    Writing about the future of business - mixing technology, culture and economics...with a bit of humor.
  • American Express
    Vice President, Business Growth And Innovation
    American Express Aug 2010 - Nov 2011
    New York, Ny, Us
    Develop new growth opportunities across Vice Chairman's organization, including Global Consumer Card, Merchant Services, OPEN Small Business, and Network Services
  • American Express
    Vp, Head Of Chairman'S Innovation Fund & Portfolio Management
    American Express 2007 - Aug 2010
    New York, Ny, Us
    Lead company-wide portfolio management and investment optimization, manage the Chairman’s Innovation Fund, and lead strategy projects for the CFO of American Express
  • Citigroup
    Senior Vice President, Growth Ventures & Innovation
    Citigroup Mar 2006 - Apr 2007
    New York, New York, Us
    Lead deployment of game-changing innovations. Drive process, technological and cultural change across the largest division of Citigroup, the Global Consumer Group, which includes CitiCards, Retail Banking and Consumer Finance.
  • Mastercard
    Vp Strategy & Planning/Cfo, Commercial Products
    Mastercard Jan 2005 - Feb 2006
    Purchase, Ny, Us
  • Mastercard
    Vp Strategy & Change Management
    Mastercard 2001 - 2004
    Purchase, Ny, Us
  • Xcelerate
    Manager, Strategy Services
    Xcelerate 2000 - 2001
  • Andersen Business Consulting
    Manager - Advanced Technology Group
    Andersen Business Consulting 1998 - 2000
    Pl
  • Dis Research
    Marketing Manager
    Dis Research 1997 - 1998
  • Arthur Andersen
    Sr. Auditor/Business Advisor - Consumer Products & Services
    Arthur Andersen 1995 - 1997

Steve Faktor Skills

Strategy Entrepreneurship Start Ups Business Development Business Strategy Product Development Strategic Partnerships Cross Functional Team Leadership Strategic Planning Strategic Thinking Product Innovation New Business Development Marketing Strategy Payments Business Planning Credit Cards Social Media Innovation Public Speaking Analytics Marketing Mobile Payments Project Management B2b Change Management Product Management Innovation Management Financial Services Emerging Technologies Management Consulting Creative Strategy Thought Leadership Ideation Economics Competitive Analysis Segmentation Integrated Marketing Sustainability Digital Strategy Advertising E Commerce Visionary Futurist Open Innovation Consumer Electronics Consumer Behaviour Corporate Development Venture Capital Strategic Consulting Consumer Trends

Steve Faktor Education Details

  • Nyu Stern School Of Business
    Nyu Stern School Of Business
    Economics And Finance
  • Nyu Stern School Of Business
    Nyu Stern School Of Business
    Economics & Accounting

Frequently Asked Questions about Steve Faktor

What company does Steve Faktor work for?

Steve Faktor works for Ideafaktory (Dba Blue Beacon Partners, Llc)

What is Steve Faktor's role at the current company?

Steve Faktor's current role is CEO of IdeaFaktory innovation incubator, author of Econovation, Forbes & HBR writer; ex-Fortune 100 Innovation Executive.

What is Steve Faktor's email address?

Steve Faktor's email address is st****@****exp.com

What is Steve Faktor's direct phone number?

Steve Faktor's direct phone number is +160276*****

What schools did Steve Faktor attend?

Steve Faktor attended Nyu Stern School Of Business, Nyu Stern School Of Business.

What are some of Steve Faktor's interests?

Steve Faktor has interest in Mobile Payments, Mobile, E Commerce, Clean Technology, Economic Empowerment, Education, Health Care, Human Resources, Consumer Electronics, Enterprise Software.

What skills is Steve Faktor known for?

Steve Faktor has skills like Strategy, Entrepreneurship, Start Ups, Business Development, Business Strategy, Product Development, Strategic Partnerships, Cross Functional Team Leadership, Strategic Planning, Strategic Thinking, Product Innovation, New Business Development.

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