Projects

RP Media Service GmbH

RP Forum Private Banking

What if banking was just over? What´s next?

As per annual tradition a group of CEOs from about 25 private banks met in the city of Essen at the invitation of our client with the aim of discussing the state of the market and future trends.
To grow a better understanding of the phenomenon currently described as “digital transformation” our CIO Christopher Peterka was invited to share his expert knowledge. Backed by a radically honest presentation, Peterka pointed out several insights crucial for the bank’s future success and actively inspired new lines of thinking to meet the challenges ahead.

applied methods:

  • Exponential Organisation
    SCALE model:

    S: staff on demand. Just like Uber doesn't actually employ its own workers, we're moving to a model where companies outsource most of their major work, giving them more flexibility to quickly adapt to market changes.

    C: community and crowd. Exponential organisations use collaborative means to build community and scale their work.

    A: algorithms. UPS is a good example of a company using an algorithm to maximise efficiency--in this case, finding the best routes for trucks.

    L: leased assets. Similar to having staff on demand, exponential companies have assets on demand and don't own much of what they use.

    E: engagement. To create connectedness between the organisation and the community, exponential organisations use things like digital feedback, incentives, and gamification.

     

    IDEAS process:

    I: interfaces. These organisations have very customised processes for how they interface with customers and other organisations. An example of this is Apple's strict rules on what reaches its app store.

    D: dashboards. To manage employees with a lightweight and high touch, exponential organisations use real-time management systems and dashboards to measure business metrics.

    E: experimentation. Exponential organisations operate like lean start-ups--constantly adapting, tweaking, and tuning their efforts to match external factors.

    A: autonomy. Many exponential organisations streamline with a decentralised authority structure, which means no reporting structure or job titles.

    S: social. Using collaborative technologies, these organisations manage real-time communication to keep all employees up to date.
  • Radical Openness
    How people connect and collaborate is transforming. By shunning old, secretive practices and embracing transparency, smart organisations share intellectual property within themselves and the community. Through this practice they gain speed and interaction productivity that reconnects them to the pace of change happening around them.

applied services:

  • Lectures
    Today's decision-makers have to learn for their whole lives. Subject-specific lectures are a way of integrating knowledge transfer into daily routines conveniently. We offer two types of lectures: a. external thought leader lectures covering the fields of data strategies, 21st century leadership, and innovation culture b. internal knowledge transfer Our founder and Chief Inspiration Officer, Christopher Peterka delivers high-level lectures. He has given talks and lectures for more than 15 years to hundreds of organisations in more than 50 countries worldwide. Please send us your request or take a look at his trending topics here.

credits: 

 

Anne-Katrin Ahrens

Art Direction

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Pia Kemper

Client & Partner

www.rp-forum.de

 

Christopher Peterka

Innovation Strategy

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