A Fictitious Proposal for CEO Personal Bank Corporation (PBC) on How Peer Networks Support Our Business, People and Customers For Exploring Personal Learning Networks cMOOC By: Helen Blunden Head of Performance, and Learning (artistic licence ha ha….she’s dreaming…) 4 November 2013 THE VALUE OF PEER NETWORKS PBC Personal Bank Corporation
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The Value of Personal Learning Networks - The CEO Pitch
One of the activities for the Exploring Personal Learning Networks cMOOC was to pitch a presentation to the CEO on the value of Personal Learning Networks (PLN). This is a fictitious company and slide show that goes towards the pitch.
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A Fictitious Proposal for CEO Personal Bank Corporation (PBC) on How Peer Networks Support Our Business, People and CustomersFor Exploring Personal Learning Networks cMOOC
By:He le n B lunde nHe ad o f Pe r f o rmance , and Le a rn ing ( a r t i s t i c l i ce nce ha ha….she ’ s d re aming…)4 Nov e mbe r 2013
THE VALUE OF PEER NETWORKS
PBC Personal Bank Corporation
PBC Personal Bank CorporationFictitious Proposal to CEO
Number 4 bank in Australia19 590 staff ; 1008 branches; 315 790 shareholdersService Australian and New Zealand customers and
businessesStrong balance sheetManage riskFocus on Customer & Community
PBC Personal Bank CorporationFictitious Proposal to CEO
Engage with our customers through all platforms and modalities
Grow with our customers banking needs through their stages in their life
Simplify and digitise our banking products and solutions
Exhibit exceptional customer serviceContinue meeting our risk and compliance obligationsCommit to our people, culture and reputationFoster stronger links into our communities and
markets
WHERE DO WE WANT TO BE TOMORROW?
PBC Personal Bank CorporationFictitious Proposal to CEO
Enterprise knowledge sharing will never be as good as what networked individuals can do. Individuals who own their knowledge networks will invest more in them. I think this means that innovation outside of organizations will continue to evolve faster than inside. It may mean that the half-life of organizations will continue to decrease, as more nimble businesses continuously emerge to compete with incumbents. Whoever creates an organizational structure that bridges the individual-organizational knowledge sharing divide may have significant business advantages.
PBC Personal Bank CorporationFictitious Proposal to CEO
Knowledge sharing and collaboration not explicitly listed as a core Enterprise Behaviour
Command and control traditional organisational structure will not foster openness and sharing
Yammer is only used by 2% of total PBC staffHigh turnover of staff in some sections of our
businessNone of the Leadership Team use YammerLimited access to external social media sites
WHY PEER NETWORKS WILL HAVE ITS CHALLENGES AT PBC
PBC Personal Bank CorporationFictitious Proposal to CEO
Open discussion: Are peer networks of value to our organisation as it is
today? How committed are CEO and Leadership Team to peer
networks? Culture vs Strategy Impact to current PCB Strategy? Risk to PCB? Will this be of Value to Customers? Are We Ready for “New Way of Thinking: Networked
Thinking” to bridge divide between organisation and individual?