“The key to moving beyond just optimization to reinvention is to empower a culture of ideation, exploration, trying, testing, failing, learning, and trying again. A culture of analytics-driven innovation includes: – Culture of Empowerment. Give everyone in the organization the power to envision, ideate, try, fail, learn, share, and try again. Empowerment isn’t just for…
Tag: Digital Transformation
Intelligent automation improves employee experiences
“Implementing intelligent automation technologies (IATs) can deliver cost reductions of up to 90%, process paperwork up to 10 times faster and deliver 67% more accuracy across paper-intensive processes. In simple terms, intelligent automation is the application of technologies like AI and machine learning (ML) to support robotic process automation (RPA) making software robots even smarter…
Credit Union, Bank, Finance Conferences in 2022
The world is beginning to re-open and so I began to wonder, “are there any interesting in-person conferences in 2022?” Here’s a quick list of ones that caught my attention. AI in Finance – Apr 21 – New York Finovate Spring – May 18 – San Francisco Digital Banking – June 13 – Austin Jack…
Forrester report on how digital technology is changing how we bank
“’The past two years of the pandemic have fast-tracked digital behaviours and redefined how customers engage with their banks,’ says Forrester senior analyst, Aurelie L’Hostis. ‘Still, the ‘death of cash’ has once again been exaggerated. One thing for sure is that digital channels now dominate.’ According to Forrester analytics data, in 2021, 76% of Spanish…
Why Becoming a Data-Driven Organization Is So Hard
“First, achieving data-driven leadership remains an aspiration for most organizations — just 26.5% of organizations report having established a data-driven organization. Second, becoming data-driven requires an organizational focus on cultural change. In this year’s survey, 91.9% of executives cite cultural obstacles as the greatest barrier to becoming data driven. As noted, this is not a…