This entry is part 6 of 8 in the series exampleBank Business StrategyThe exampleBank executive team has completed scans of the environment and their own position. Before moving on to creating strategy they want to validate their own findings and get some thought leadership on what a Digital Bank should look like. They have taken… Read More »
This entry is part 8 of 8 in the series exampleBank Business StrategyThe exampleBank executive team has completed the corporate strategy for the exampleBank group. Now, they move out of the corporate strategy room and into a new room on level 4 of the HQ building that has been set aside for Consumer Banking USA,… Read More »
This entry is part 7 of 8 in the series exampleBank Business StrategyThe exampleBank executive team has completed a self scan of the nascent exampleBank and are ready to starting writing down the exampleBank business strategy. They have moved into the newly finished corporate strategy room on level 4 of the HQ building. exampleBank wants… Read More »
This entry is part 5 of 8 in the series exampleBank Business StrategyThe exampleBank executive team is progressing through an initial pass of the strategy process. They just scanned the environment for trends and forces and brainstormed opportunities and threats. A self scan will be limited because exampleBank does not yet exist! But there are… Read More »
This entry is part 4 of 8 in the series exampleBank Business StrategyIn the past few posts the executive team completed an environment scan for exampleBank and noted what they feel are the most important trends and forces to be considered. According to how it all fits together it is now time to assess opportunities… Read More »
This entry is part 3 of 8 in the series exampleBank Business StrategyThe exampleBank executive team is progressing through the strategy process for exampleBank and have identified some key trends to consider. They are in the middle of an environment scan which, according to how it all fits together, includes identifying the forces to be… Read More »
This entry is part 2 of 8 in the series exampleBank Business StrategyThe executive team is busy working in the strategy department on level 4 of the exampleBank Headquarters (HQ) building. They are starting the very first iteration of the exampleBank strategy process. At this point levels 1-3 of the HQ building are empty. In… Read More »
This entry is part 1 of 8 in the series exampleBank Business StrategyBig banks are SO complicated. Every rule has so many exceptions that you wonder why we have rules. There are so many strategies and business models that no one knows about them all. Operating models are designed more around legacy constraints than any… Read More »