The Social Banker. Hey. It’s an “evolution”.

KPMG recently released a well written, salient overview of the social media landscape within banking today. Entitled “The Social Banker“, it has a global perspective, and associated inputs & consultations accordingly, and is broad in perspective, yet specific in problem & opportunity identification.

It stops here.

Which I respect.

Continue reading The Social Banker. Hey. It’s an “evolution”.

Strategy. Simple Right?

A recent HBR article, “The (Surprisingly) Simple Rules of Strategy” (for some reason the magazine title is different than the online version), provides exactly what it states: a brilliantly simple view of the strategic planning process. The underlying theme is, strategy has become too reliant on models, and convergent thinking, at the expense of what strategy is tasked with accomplishing: generating new revenue, productivity gains and innovation. If one starts with a mechanical view to creative solutions, eg. models and case study approaches, the outcome will be a mechanical solution, de- void of insight or anything “new“.

There is a “sense that strategic planning does not produce novel strategies. Instead, it perpetuates the status quo.” However, it is important to understand that models, algorithms, case study methodologies do provide value. Without them, strategy can quickly float into the ether of impractical, vague and risky ideas. As one manager puts it:

“There’s a reason we keep those ideas outside of the box.”

Continue reading Strategy. Simple Right?

Simon Sinek on Why

Simon Sinek presents a simple but powerful model for how leaders inspire action, starting with a golden circle and the question “Why?” His examples include Apple, Martin Luther King, and the Wright brothers — and as a counterpoint Tivo, which (until a recent court victory that tripled its stock price) appeared to be struggling.