19/06/2020
AGILE BANKING MODEL FOR POST COVID 19
To wrap up this methodology of a Flexible -Fast- Focused Agile Strategy you need to;
A - Anticipate Change(Visioneering, Sensing, Monitoring)
G- Generate Confidence(Connecting, Aligning, Engaging)
I- Initiate Action (Bias for Action, Decision Making, Collaborating)
L- Liberate Thinking (Bias for Innovation, Customer Focus, Idea diversity)
E- Evaluate Results (Creating expectations, Real time feedback, Fact based Measurement)
The 4-Agile Dimensional Model for Banks to consider for analysis
Forward perspective V’sBackward perspective (Evaluating our strategic plan and take action)
Outward perspective (PASTEL analysis) V’s Inward perspective SWOT Analysis)
We need to focus on Regulatory excellence i.e. ❖ Biases❖Assumptions ❖ Risks and ❖compliance) in doing the following
1. Reimagine (Remodel) The model
2. Resolve Amidst uncertainty
3. Rebuild Short-term and long-term operations
4. Reform Governance, policy guidelines
5. Rethink The organization
6. Realign priorities
7. Resilience Adoptability, strategy, structure,
8. Review progress.
To wrap up this methodology of a Flexible -Fast- Focused Agile Strategy you need to;
A - Anticipate Change(Visioneering, Sensing, Monitoring)
G- Generate Confidence(Connecting, Aligning, Engaging)
I- Initiate Action (Bias for Action, Decision Making, Collaborating)
L- Liberate Thinking (Bias for Innovation, Customer Focus, Idea diversity)
E- Evaluate Results (Creating expectations, Real time feedback, Fact based Measurement)
The 4-Agile Dimensional Model for Banks to consider for analysis
Forward perspective V’sBackward perspective (Evaluating our strategic plan and take action)
Outward perspective (PASTEL analysis) V’s Inward perspective SWOT Analysis)
We need to focus on Regulatory excellence i.e. ❖ Biases❖Assumptions ❖ Risks and ❖compliance)
BY TAREMWA PADIUS KAMUKAMA DMC Financial and Audit consultant