Correspondent Blog
Tag: Strategy
What Does a Gen AI Strategy Look Like for a Community Bank?
Many banks are doing an excellent job at embracing generative AI (Gen AI). However, not all have a specific Gen AI strategy, and they should make their journey more efficient. A quality Gen AI strategy aligns an organization’s objectives, its use cases, and the delivery mechanism and metrics that measure business value. In this article,…
How Your Bank Business Model Impacts Performance
You are likely in the process of finalizing your strategic plan. The good news is that strategy matters and your team’s time and effort in refining your strategy should pay off. The question is, how much will it pay off? That answer depends on the strategy your bank is pursuing and the underlying business model…
Our 7 Questions to Prevent Bad Bank Technology
The most significant problem with bank innovation is that bankers see or hear about a sexy piece of technology at a conference or at another bank and then acquire it. The new piece of technology ends up solving a known problem but, in the process, creates more problems, and risks, than it solves. It’s called…