Navigate the Challenges of a Network Transformation Rollout
Businesses should update their retail branches regularly to maintain their appeal to their consumers. Some updates to branches include furniture, branding, or technological upgrades. Others update their branches if they need more resources, care, or attention based on the area. In order to properly rollout a new branch network, clients should consider three key factors: […]
Growing, Consolidating, or Merging? Time for a Network Transformation
In the event that more than one branch needs to be updated, changed, or redesigned, it is considered a branch network transformation. Ideally, a financial institution would plan to have all of its branches updated within a short time period to maintain a consistent brand and public appearance. Consumers most frequently interact with your branches, […]
What Factors Necessitate a Branch Transformation?
A Branch Transformation Can Help Your Organization Deliver Consistent Value The success of your consumer-level branch strategy depends on your organization’s ability to deliver a consistent customer experience across all your branch locations. Whether your financial institution serves clients or members, they expect you to execute the promises of your value proposition, no matter what […]
Transform Your Branch Strategy with Clear Goals in Mind
Develop Strategy at the Intersection of Values, Data, and Technology Your branch strategy isn’t static code. Strategy is the framework through which successful organizations plan and assess their operations. When a strategy no longer connects to the values of your organization, or can no longer be justified with the data at your disposal, then it […]
Branch Strategy: Don’t Trust Your Gut
Intuition can serve you well, but facts are a necessity. Authored by: Scott Florini, VP of Strategy at NewGround Everyone who knows me is aware that I am a certified (and self-proclaimed) history nut. I devour anything I can find to read, watch, and listen to about past presidents, conflicts, movements, and events that have […]
