What Is The AI-Powered Bank Of The Future?
The AI-Powered Bank© is the bank of the future where all people in the organisation and the business ecosystem as a whole are enabled in an integrated way by artificial intelligence to be more productive.
Focus is on the people working and living in diverse and inclusive teams as you can see in the AI-generated image above this post. They work in a safe andd healthy working environment as can be created using the AI-Model Canvas©. Aligning the right culture, the right people & skills, the right core goals & core values, the right structure, the right systems, the right business processes and the right digital strategy.
Continuous alignment and aligning of these 7 elements is key to become and stay a succesful AI-Powered Bank in the future. Why? Because as was concluded in the article ‘Building The AI-Powered Organisation. Technology isn’t the biggest challenge. Culture is” by the three authors of McKinsey in 2019 (see here)…. it’s often not the technology, it’s the culture. And that is often the case, espcially in large traditional planning & control companies.
The good news is that we know how a culture can be changed in the context of an AI-powered digital tranformation program or change management program: by using all 7 levers of change in a consistent way. For instance by recruiting and selecting different leaders and managers (‘People & Skills), by implementing a different organisational structure (‘Structure’) and by implementing different rewards systems and other performance management systems to influence and change the behaviour of people inside the new AI-powered bank with an AI-powered organisational design.
An example is implementing hybrid-working and working at home as part of a virtual organisation after the beginning of the Covid-19 pandemic and afterwards in the right way:
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If you want to learn how you can turn your bank into an AI-Powered Bank© with an AI-powered business model, an AI-powered organisational design and an Ai-powered business ecosystem with the new AI-Model Canvas© and other Ai-transformation tools, contact us today for a free online intake session. Please email your mobile number and the link to your LinkedIn profile using this form. Then we immediately will contact you to schedule that call or face-to-face meeting.
Tony de Bree