CIBP STUDY: Designing Tomorrow's Popular and Cooperative Bank
- Oct 20, 2015
- 1 min read
This CIBP study offers a wealth of insights, thoughts, as well as an overview of how a game-changing Cooperative and Popular (C&P) bank might look like 5 to 10 years from now. Additionally, it aims to provide inspiration and a framework to innovate in a deliberate and creative manner.
We embarked on a major international research effort, to better understand how C&P banks work, explore opportunities, address weaknesses and threats and overall to assess the efficacy and resilience of their current business model in a fast changing world and under the “TVI (Total Value Innovation)” lens of analysis.
To ensure that we created a realistic and useful framework we conducted an International SWOT Assessment survey (ISWOT14), and hosted a two-day International Strategic Dialogue on Value Innovation (ISDVI15) amongst 12 senior executives, members and strategic partners from 7 counties.
This study axiomatises that an opportunity for C&P banks lies in the redefinition of the “space” transcending preconceived notions of today’s current players, and in the re-construction of the market’s boundaries. Assessing the efficacy of C&P Banking Business Model on a detailed component level, can reveal or highlight interesting trajectories towards value innovation and to capture the systemic nature of the way C&P banks could develop, communicate and deliver superior, sustainable and competitive value to their customers and members.
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