What is a Banking Multi-Channel Architecture?

This entry is part 13 of 31 in the series Defining words

  I was referred by a client to a good article by a fellow IBMer on the subject of multi-channel architectures in banking so I though I would pass it along. Finding the balance between reusing components and maintaining flexibility and agility on each channel is a subject that I spend a lot of time… Read More »

What is DevOps?

This entry is part 11 of 31 in the series Defining words

One area of business strategy growing in importance is strategy around the business of IT.  I think of “the business of IT” as how IT delivers services internally vs. IT Strategy which is (how I use the term) how IT directly supports business capabilities. A über topic in the business of IT is DevOps.  It… Read More »

What is the best mobile strategy for large banks?

This entry is part 1 of 1 in the series Mobile Banking

The first thing that I can say about mobile strategy for large banks is that I can not cover it sufficiently in a blog post.  Like business strategy, we will need to peel it back layer-by-layer. In any kind of IT strategy investigation I recommend step 1 be a diligent survey of reading material and… Read More »

Building a business case for investments in customer experience

Good news!  I found another great resource for connecting customer loyalty to customer experience! Forrester: The Business Impact Of Customer Experience, 2012. A comment in the first paragraph sums it up:  “Years of Forrester data confirm the strong relationship between the quality of a firm’s customer experience (as measured by Forrester’s Customer Experience Index [CXi])… Read More »

Connecting customer loyalty to improved customer experience

One of the most important issues I deal with regularly is how to estimate the business benefits of improving customer experience. One good source that I turned up is IDC’s Business Strategy: Digital Services Impact on Customer Retention and Acquisition resulting from customer and bank surveys in Europe and the U.S.  An interesting idea is… Read More »

What are the business benefits (and value) of Strategic Design?

Strategic Design can be used to redesign organizations to improve how they are experienced by people. A primary focus is on customers, of course. The point of doing that is to increase the benefits customers perceive they are receiving from the organization. The point of doing that is to increase customer loyalty. So a primary… Read More »

What are business benefits and value?

This entry is part 10 of 31 in the series Defining words

Ironically, the most common request I get from business people nowadays is to explain the business benefits and/or value of some course of action that we are proposing. In the past, business leaders wanted to accomplish some goal for good reason and we were asked to propose a way to do it. They knew the… Read More »

What is Strategic Design?

This entry is part 9 of 31 in the series Defining words

I work with a lot of people who have a strong aversion to the word “strategic” so I really enjoy terms like “strategic design”. When I say such things, the first dear friend to roll their eyes gets the most credit for calling me on another ridiculous tangent into obscure techno babble. Then I tell… Read More »