Forging Ideas Into Results: Strategy (co)Lab 24.10.08

Who should attend: C-Suite and senior bank P&L leaders responsible for driving results through products, services, and solutions. Alloy (co) Labs are open only to verified employees of licensed U.S. financial institutions​.

Financial institutions (and by extension their owners, investors, managers, analysts, regulators, and customers) value the predictability of results. The industry sells 95% of the same products, with 95% of the same features, at 95% of the same prices, governed by 95% of the same philosophies, policies and procedures.

The unsurprising result is that pretty close to 95% of institutions return very similar results; typically with annual growth rates in the low to mid single digits; regional and national macroeconomic trends notwithstanding.

The real opportunity to build a sustainable competitive advantage is in that last 5%.

"In time of change learners inherit the earth; while the learned find themselves beautifully equipped to deal with a world that no longer exists" - Eric Hoffler

Industry-leading tools to help you:

• Generate better actionable user insights
• Implement rapid customer discovery cycles
• Balance feasibility and viability with user desirability
• Minimize risk by testing new ideas quickly and cheaply
• Reduce waste by focusing on things that actually move the needle

What to expect:

This session is a condensed public version of a small piece of our immersive, hands-on Anvil™ program, designed to  help organizations build and leverage their innovative capacity to create a sustainable competitive advantage to drive exponential growth. 

Our FIRE™ (Fast, Iterative, Responsive Experiments) Process 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.

• Identify customer jobs to be done, gains sought, and pain points
• Apply Minimum Viable Product approach to solution design
• Conduct meaningful discovery and develop  actionable insights on potential product/market fit 
• Applicable for buy/build/rent solutions as well as "soft" internal service features, this is a non-technical session

​

This session will be facilitated via video by JP Nicols, head of our industry-leading corporate and executive programs. He has worked with leaders at institutions of all sizes around the globe and teaches at leading graduate banking schools.

• Alloy (co)Labs are hands-on participatory digital workshops, not webinars for passive viewing; part of the value is sharing and learning from multiple bank perspectives
• Prior to the session, registrants will receive a custom workbook for context and preparation
• Alloy (co) Labs are open only to verified employees of licensed U.S. financial institutions