Warning: possible laughter may be experienced in the post ahead!
- “Because it’s 2023, Karen!”: Sticking to the old ways is like using a flip phone to browse the internet. Good luck with that!
- Comfort zone = danger zone: If you’re too comfortable with the status quo, just remember, Blockbuster was once comfortable too. Look how that turned out!
- Bye-bye innovation: Imagine if Steve Jobs had said, “Nah, let’s stick with cassette players instead of creating the iPod.” Where would we be now?
- Fintech startups be like: While you’re busy doing things the old-fashioned way, those agile fintech startups are running laps around you.
- Customer who?: Keep saying “that’s not how we do things” and watch your customers magically disappear to banks that actually listen to their needs.
- “Hey Siri, what’s a checkbook?”: explain to Gen Z what a checkbook is. Good luck with that!
- Bureaucracy: A love story: If you love red tape and endless paperwork, keep repeating that phrase. You’ll have plenty to keep you busy while the rest of the industry moves forward.
- Digital dino: Holding on to that mindset will turn you into a digital dinosaur, and maybe a spot in a museum.
- Risky business: Afraid of taking risks and trying new things? Enjoy the thrill of becoming irrelevant instead!
- Did someone say “blockchain”?: If you can’t wrap your head around that, wait till you hear about the next big tech revolution. You’ll be left in the digital dust!
So let’s ditch the “that’s not how we do things around here” mentality and embrace change! Because after all, who wants to be a digital dinosaur?
Found this article interesting? Check out these three related reads for more.
- Future of digital banking AI, Blockchain, Cloud, and Cybersecurity trends
- Banking agility for future-proof operations – Optimizing operational efficiency
- Navigating change management in core banking – Managing the change process and communicating with stakeholders
#CoreBankingTransformation #ChangeResistance
