Changes accelerate when the right catalyst is introduced to the environment. The Coronavirus pandemic has already been a catalyst to suddenly turn the longest peacetime expansionary economy into at least a recession (if not worse), and it will be a catalyst to accelerate the challenges in the financial services industry.
This means that banks need to quickly react to also accelerating customer expectations to serve new needs in new ways, and they need to find new ways to create efficiency and flexibility inside their organizations. The most predominant lesson we have learned from times of great and sudden change is that those who survive and thrive are those who adapt to the new normal quickly.
This two-part webinar will help participants develop a new set of strategic priorities to adapt to this new environment, then move very quickly from strategy to execution on the most critical ones.
In Part 1 participants use a set of strategic maps as strategic frameworks and lenses to develop a new playbook, prioritize the ideas that are best aligned with new strategic priorities, and build a portfolio of ideas with different risk and return characteristics to help balance the short-term with the long-term, and the incremental with the radical.
In Part 2 participants will learn how to break down big projects with big risks into actionable steps with manageable risks through the use of Fast, Iterative, Responsive Experiments, with an emphasis on taking fast, data-driven actions to reduce the time between ideas and results an
Topics to be addressed include The FIRE™ Process, which combines the best parts of modern agile business methods– like Lean, Agile, Scrum, Design Thinking, Customer-Centered Development, and others– into an effective and repeatable process that focuses on the things that really matter.
Target Audience: C-Suite and senior leaders responsible for setting strategy and achieving business results. The process can be used for internal process improvement and cost savings, but the emphasis in the webinar will be on customer-facing products and processes for any area of the bank.
Presenter: JP Nicols, FinTech Forge
This two-part program will be presented live on: October 28 & 29, 2:00-3:00 p.m. Central Time
Recording available through: January 29, 2021