This Backbase webinar will demonstrate how banks can innovate and become digital-first by adopting a more startup-like approach, where failure isn’t frowned upon but embraced. This approach acts as a catalyst for banks, so that they can better meet future challenges and client demands.
Watch the full webinar here: https://www.youtube.com/watch?v=XlYy0cskPTU
5. Digital Disruption - Serious Impact
0
100
Market share
Time
Incumbent
business models
New Digital
Business models
Incumbent
business
models are
threatened
6. Digital Transformation - Where are we with Banking?
0
100
Market share
Time
Incumbent
business models
New Digital
Business models
Incumbent
business models
are threatened
Banking
Today?
Today
13. Digital Customers - Higher Income / Lower Cost
Traditional Digital
Higher Income / Customer
Higher Profit / Customer
Higher Cost-to-serve (absolute)
Profit
Costs
Revenue
DBS Investor Report November 2017
18. “30.000 new products are launched
every year and 95% fail.”
– Prof. Clayton Christensen, Harvard Business School
19. “One of the Biggest reasons
startups fail is that they simply
make a product that no one wants.”
– Hannah Augur, Dataconomy
20. Needed to disrupt the old ways
Listen to the
customer’s
problem
Find a
solution
Create a
business
case
Follow
NPD
‘tollgate’
Mass
produce
Ask for
Orders
24. Culture - Moving to a Startup State of Mind
It’s all about
The Team
Small teams
beat big teams
Every team has a
cross-functional
structure at its core
Every project
starts with the
Customer in mind
35. Design Sprint Building Minimal
Viable Product
Running the
Pilot
EXPERIMENTS
Pivot/Persevere?
Roll-out and
Scale Up
LEARN
BUILD
MEASURE
36. Design Sprint Building Minimal
Viable Product
Running the
Pilot
Roll-out and
Scale Up
LEARN MEASURE
Product
Market Fit
Business
Model Fit
BUILD
37. Design Sprint Building Minimal
Viable Product
Running the
Pilot
LAUNCH
Roll-out and
Scale Up
38. Design Sprint
PROTOTYPING
Building Minimal
Viable Product
Running the
Pilot
EXPERIMENTS
Pivot/Persevere?
DEFINE
EMPATHIZE
LAUNCH
Roll-out and
Scale Up
BUILD
LEARN MEASURE
Product
Market Fit
Business
Model Fit
LEARN
MEASURE
BUILD
40. UX Designers
Design System
Digital Marketer
Content & Campaigns
Business Engineer
Process Digitization
DevOps Engineer
SDLC
App Developer
SDK | API
Agile at Scale : Empower Digital Teams
41. Web SDK Native iOS SDK Native Android SDK Services SDK
Agile at Scale : Developer Tooling (SDKs)
42. Agile at Scale : Common Gameplan
Squad 01
Squad 02
Squad 03
Squad 04
Squad N
UI/UX Back-endFront-end Mobile
47. Culture - Moving to a Startup State of Mind
It’s all about
The Team
Small teams
beat big teams
Every team has a
cross-functional
structure at its core
Every project
starts with the
Customer in mind