60 minute session, comprising a ~40 minute keynote and a Q&A thereafter
This talk looks at the future of the banking industry with a particular view to unpacking the emerging threats and opportunities in and around the industry, with a focus on the impact these trends will have on the business strategies of banks and financial sector players.
Four key macro-trend areas will be explored:
- The Barbarians at the Gate
This section will unpack the new businesses and new business models – from fintech startups to superapps to DAOs – already in existence today, making strides towards both fragmenting and competing with the established commercial banking sector, and the potential defensive and offensive “pivot” strategies incumbent actors are adopting in response.
- The Grey Elephants Ahead
This section will explore the potential known game-changers with unknown effects on the commercial banking industry; including, but not limited to the likely impact of central bank digital currencies and the rise of borderless private economies and digital city states, that will have hugely disruptive consequences, should they materialise in the foreseeable future.
- The March of The Machines
This section will interrogate the impact of the Big Five key emerging technologies (The Internet of Things, Artificial Intelligence, Blockchains, Extra Reality, and Quantum Computing) on commercial banking products, services, staffing, systems, supply chains, and profit centres.
- Centrifugal and Centripetal Forces
This section will unpack the equal and opposite macro economic and geopolitical forces driving both centralisation and decentralisation, on a local and international scale (including regulatory and social sustainability trends, as well as emerging technological capabilities and game theory models that allow for new, robust business models), with a view to finding a stable midpoint between efficiency and resilience.
By the end of the session, participants will have a clear understanding of the most important trends impacting on their businesses (and their individual roles within their businesses) and the respective threats and opportunities each of those trends pose to their organisations. Participants will walk away with an understanding not only of what is going on, but also why these things matter to them, today and into the future.
Presented by Bronwyn Williams
– Trends as Business Strategy –
If you are interested in booking this presentation for your team or clients please contact Bethea Clayton on connected@fluxtrends.co.za or +27764539405
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Image credit: Victor B