Next Generation Of Banking – From Legacy To Leader

— REPORT: NEXT GENERATION OF BANKING - FROM LEGACY TO LEADER

Next generation of banking - from legacy to leader

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Finance | TRANSFORMATION

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  • Two critical transformations traditional banks must face
  • Key learnings from successful legacy transformation cases
  • Actionable first steps to pursue transformation

Created primarily for anyone working within a legacy (traditional) financial organization.

Anyone with interest in the finance industry will also find this in-depth look into banking transformation valuable.

    • Challenge your most fundamental assumptions as a legacy

    • Understand the different approaches to transformation and consequences of avoiding large-scale change

    • Use the first steps as starting points to guide your planning towards organization-wide transformation
  • What are the two key approaches to organizational transformation within legacy organizations

  • How some of the most successful organizational transformations achieved this status, and key learnings you can apply to your own from each

  • What first steps every legacy bank should take to not only transform the business, but do so effectively (minimize risk, maximize cooperation)

Key insights in this report

— 01

Nearly 80% of organizations that focused on culture sustained strong or breakthrough performance in their pursuit of organizational transformation

— 02

Resistance, especially when it is passive, invisible, and unconscious, can derail even the best strategy.

— Tony Schwartz, CEO of The Energy Project

— 03

A crux to success: Tie complex, technical changes to tangible business outcomes everyone in the business can understand.

— Stefan Okhuijzen, SVP of Business Applications at SES

— 04

Organizations’ success or failure is essentially due to the things its employees do or fail to do.

Stephen P. Robbins

— 05

69% of people stated that it is important for them to have a bank that is innovative; yet only 12% of respondents in the survey considered their own banks innovative

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