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Forging Ideas Into Results: Strategy (co)Lab 24.8.6

Tue, Aug 06

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Live Virtual (co)Lab

Shorten the development and delivery cycles of new products, services, and features by getting and using better actionable insights. Designed for C-Suite and senior P&L leaders responsible for driving results through products, services, and solutions.

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Forging Ideas Into Results: Strategy (co)Lab 24.8.6
Forging Ideas Into Results: Strategy (co)Lab 24.8.6

Time & Location

Aug 06, 2024, 2:00 PM – 3:30 PM EDT

Live Virtual (co)Lab

About:

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

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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

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