vision 2014: the survival guide to financial tech in commercial lending
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The survival guide to fin-tech in commercial lending
Juanita Kelsaw Experian
Eric LaPlante Experian
#vision2014
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Looking at history to tell a story
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Streamline processes and apply appropriate automation
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Embrace change – #1 constant in life is change
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Technology in the workplace
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Who is running the show?
AVOID “The Lone Ranger”
syndrome!
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Create synergy with your “A-Players”
Identify leaders within your organization’s cast of characters…
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Advice from well-known technology leaders
My model for business is the Beatles. They were four guys
who kept each other's kind of negative tendencies in check.
They balanced each other, and the total was greater than the
sum of the parts. That's how I see business: Great things
in business are never done by one person. They're done
by a team of people.
~ Steve Jobs (60 Minutes - 2003)
“
”
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Client expectations
Government regulations
Auditors and examiners
Marketplace competition
Budget and cost constraints
Executive oversight
Performance incentives
Balancing demands
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Eyeing the horizons
The reasonable man
adapts himself to the
world; the unreasonable
one persists in trying to
adapt the world to
himself. Therefore all
progress depends on
the unreasonable man.
INNOVATION
~ George Bernard Shaw
“
”
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Omni-channel banking
Personal preferences and consumer behaviors are taking
the lead…
… and are likely to influence the stage for future
commercial / business interactions
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Making preparations for survival
ANALYZE What is, as it is, today
STREAMLINE Sever the extraneous; consolidate what is useful
EMBRACE Not just what works; but that which works BEST
COLLABORATE Bring the best minds together to strategize and PRIORITIZE
INNOVATE KNOW the long term vision; Build for tomorrow’s clientele
GOAL: Fully utilize your most valuable
resources to maximize the
organization’s investment in
technology
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