Here at Kin + Carta, I develop relationships with prospective clients and educate them on our capabilities. We then credential our team so those prospective clients vote with their dollars based on how much they trust we can deliver on their needs.
One thing that is incredibly strong about Kin + Carta is that, despite the perception of being a smaller boutique firm, we're mighty. And we are creative in how we get things done. I do the relationship development and scoping of work with clients, but we also bring in our delivery organization very early. We're strong in that connection-building piece and in how we execute those objectives.
We all know how fast technology is changing. But outside of the actual technology, in the next 10 years, there will be a massive wealth transfer, a different generation of decision-makers controlling budgets and making decisions and a new generation buying.
If you think about Alphas, our youngest generation, the way they bank is 180 degrees different from how my parents bank. They may never walk into a bank or write a check. They'll be banking in a way we haven't even envisioned yet. So that's why banks and insurance providers have to think about the zeitgeist of these younger generations.
My advice to organizations in this field is what many in the vertical are doing: failing fast, so they can choose something, do it small and prove it out or fail quickly. Then, you'll know whether it makes sense for your organization. Testing new technology is important. Many keep it just in their innovation segment, but I love to take it out of innovation and put it into different lines of business.
Brands will need flexible architectures, whether application or infrastructure processes, for how they'll deliver products. If you think about a Broadway show, there's a script repeated over and over again. But suddenly, Broadway productions will need to have an incredible amount of improv. At a moment's notice, something will trigger a change, and they'll have the right framework to make that pivot.