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Banking on Digital Moving from paper to true digital disruption Article

Connected Futures: Banking on Digital

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Page 1: Connected Futures: Banking on Digital

Banking on DigitalMoving from paper to true

digital disruption

Article

Page 2: Connected Futures: Banking on Digital

connectedfuturesmag.com

With rising pressure from agile digital competitors, every financial services organization must think like a tech company.

ConnectedFuturesMag.comEXECUTIVE INSIGHTS

Page 3: Connected Futures: Banking on Digital

connectedfuturesmag.comConnectedFuturesMag.comEXECUTIVE INSIGHTS

Becoming digital in the banking industry means being laser-focused on your customers.

It means being obsessed about them.

Page 4: Connected Futures: Banking on Digital

connectedfuturesmag.comconnectedfuturesmag.comConnectedFuturesMag.comEXECUTIVE INSIGHTS

“Everything you know about banking, I'm going to try to change because we want to create value. We want to build intrinsic value in the corporation. It's going to mean we have to change.” - Ray Davis, CEO, Umpqua Bank

Page 5: Connected Futures: Banking on Digital

connectedfuturesmag.comconnectedfuturesmag.comConnectedFuturesMag.comEXECUTIVE INSIGHTS

Top-down leadership is essential to becoming a digital bank.

A leadership style that allows employees to just do.

Page 6: Connected Futures: Banking on Digital

connectedfuturesmag.comConnectedFuturesMag.comEXECUTIVE INSIGHTS

A willingness to try new ideas, field test them quickly, iterate rapidly, and fail fast if necessary must be instilled at every level.

Page 7: Connected Futures: Banking on Digital

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ConnectedFuturesMag.comEXECUTIVE INSIGHTS