Strategic technology strategy for smaller financial institutions Breaking Digital Gridlock empowers credit unions and community banks to make the shift to digital-even without a seven-figure consulting budget. From leadership, to technology, to security, and more, this book provides effective, real-world strategies for taking the leap without tearing your organization apart. With an emphasis on maintaining the culture, services, and features you have carefully crafted for your customers over the years, these strategies allow you to make your organization more resistant to digital disruption by adopting key technologies at key points in their evolution. Expert advice grounded in practicality shows how FinTech partnerships and strategic technology acquisition can foster new growth with minimal disruption, and how project management can be restructured to most effectively implement any digital solution and how to implement and leverage analytics. Specific implementation advice coupled with expert approaches offer the ability to modernize in an efficient, organized, financially-sound manner.
The companion website features a digital readiness assessment that helps clarify the breadth and scope of the change, and serves as a progress check every step of the way. Access to digital assets helps smooth the path to implementation, and a reader forum facilitates the exchange of ideas, experiences, and advice.
- Identify revolutionary versus evolutionary technology opportunities
- Empower employee innovation, and stop managing all risk out of good ideas
- Understand blockchain, machine learning, cloud computing, and other technologies
- Forge strategic partnerships that will drive growth and success amidst technological upheaval
It is widely accepted that digital is the future of banking, but knowing is not the same as doing. If your organization has been riding the fence for too long amidst uncertainty and budget constraints, Breaking Digital Gridlock provides the solutions, strategies, and knowledge you need to begin moving forward.
PRAISE FOR BREAKING DIGITAL GRIDLOCK
"As a science fiction writer I am interested in all aspects of the future, including the future of business, finance, and money. This book is a manual for that future, and it's a fascinating and insightful read."
-Kevin J. Anderson, New York Times bestselling author and noted futurist
"John Best does a brilliant job of breaking down complex topics such as blockchain, AI and machine learning into the what, the why, and the how for non-technical executives. It's the new desk-top reference for our executive team."
-John Janclaes, CEO, Partners Federal Credit Union, Author of Doing What Matters
"In such a fast paced and complex world in technology, John does a great job of breaking down emerging digital technologies. A must-read for any executive looking to digest topics such as blockchain, machine learning, and the future of identity."
-John Ainsworth, CEO, CULedger
