Video
Digital Reinvention in Retail Banking: The Action Plan
In this brief video, experts discuss what executives can do to support the innovation banks will need to remain competitive.
Bain Partner Dirk Vater asks what bank executives can do to reinvent their business models and encourage the innovation necessary to remain competitive. Anthemis Group CEO Nadeem Shaikh shares a "mindset action plan," wherein bank executives make small bets on many experiments to see what gains traction, maintain long-term perspective and encourage a culture of innovation. Richard Fleming, another Bain partner, shares promising examples of this mindset at work in companies within financial services and beyond.
Read the Bain Brief: Further, faster: Mastering digital reinvention in retail banking
Published in March 2015