NextBankUSA - Sarah Biller, The Capital Market Exchange, presentation
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Sarah Biller Capital Market Exchange [email protected] #CapMktX www.capital-market-exchange.com Approaching Internal Innovation like a Start-up
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Transcript of NextBankUSA - Sarah Biller, The Capital Market Exchange, presentation
Sarah BillerCapital Market Exchange [email protected]
#CapMktXwww.capital-market-exchange.com
Approaching Internal Innovation like a
Start-up
$41.5 billion
Sources: Federal Reserve Bank of Atlanta, Office of Federal Registrar Code of Financial Regulations, Ovum Market Research, CNBC
3.68%
9x163,33
3
Banks are organizations
structured to execute on a repeatable and
scalable business model that [does not]
fail.
Start-ups are agile organizations seeking a scalable business model that may fail before it succeeds.
Y
E.V.P.
T^3
The Concept of aMinimally Viable Product
M.V.P.
Source: Roman Pichler
M.V.P.Minimally Viable Product
E.V.P. Minimally
Exceptional Viable Product
Source: Rand Fishkin http://moz.com/rand
Pathetic
Good
Truly Impressive
Most amazing
thing your customers have seen
Qu
alit
y o
f In
novati
on
Impact Harmful Small Decent Massive
Many MVPs launch here
EVP’s
T^3
Team :: Technology :: Tracking
T^3
Team :: Technology :: Tracking
Hustler
Hacker
Hipster
T^3
Team :: Technology :: Tracking
DifferentiateBank
Optimize / Margin
Improvement
Create a New
Market
EvolutionaryChange
Create a New Technology
Disrupt
Leverage an Existing Technology
Sustain
T^3
Team :: Technology :: Tracking
Traditional
1
3
$ worth 2
“Y”
Root Cause =
Why^5
“Y”Questions
?
