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42. What Should Your Innovative Focus Be? Let’s Start with OD Fees
Manage episode 364403331 series 2538515
Podcasts That Matter and David L. Peterson에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Podcasts That Matter and David L. Peterson 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Once your business is committed to innovation, the next step is focusing on the problems that require innovative solutions. This should involve picking a trending or pertinent problem in your industry and engaging your new innovation-driven workforce. Gather data, brainstorm and explore even the craziest of ideas before preparing the final strategic recommendations and putting them into action. Implement your new ideas, overcome obstacles and boldly move forward with success!
Show Notes:
💲 To understand the story, you need to know the OD background: how will your institution tackle this issue? 01:08
📊 Data gathering - assign somebody in your organization to be the repository of gathering all the information. 06:06
☑️ Be sure to check out the competitive intelligence. 06:31
💵 Brainstorm OD changes and revenue replacement. 07:20
🤡 Explore truly crazy ideas: you must not only encourage these crazy ideas but ensure that they will not be ridiculed, even inadvertently. 10:22
✍️ Prepare a strategic recommendation for senior leadership and the board. 11:24
▶️ Whether you take on the overdraft issue or any other significant change in your service offerings, you can use the template provided above as a high-level methodology for the last step: action. 12:21
Links:
The Death of Overdraft Fees: www.bankers-bank.com/the-death-of-overdraft-fees
About OD: Overdraft and Offsetting the Gap
Email David: david@davidpeterson.com
Connect with David: www.linkedin.com/in/dlpspeaks
Learn more about David: www.davidpeterson.com
Consult with David: www.i7strategies.com
Sail with David: www.i7sailing.com
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