Staying Positive in Tough Times

 😇 Staying Positive in Tough Times - Just created a very brief guide.

🎄 Decembers are mostly holiday times across globe and a Time to give yourself some peace of mind professionally and introspect.

Gist: Most importantly, talk/share with someone during tough times and do not keep everything with yourself.

Note: I have knowingly not created this document as Verbose. Feel free to reach out for elaboration or real life examples.

7 Key Responsibilities if you aspire to be a PRODUCT OWNER

#Product #Owner #Key #Responsibilities #Aspire #Define #Vision #Need #Prioritization #Product #Backlog #Management #Client #Need #Anticipation #Liaison #With #Cross #Functional #Team #Keep #Track #Of #Agile #SDLC #Phases #Progress #Evaluation

Design Thinking with Simulation

Design Thinking is a Human centered Prototype driven Innovation process. It was so good to attend the session, learn and brush-up so many aspects. I remember last time, in 2017 I was involved in Design Thinking domain project when Halo Bank was evolving from Bank's Lending perspective.

Observe -> Empathize -> Define -> Ideate -> Proto-type -> Test -> Execute

DFV -> Desirability, Feasibility and Viability

Due to so many happenings all around, and varied time-zone, had missed couple of trainings in recent past, opposed to the new year resolution of at least one constructive Learning per month.

Photo Description: Had Quarter Q1 and Q2 simulation. Q1 was more of learning and understand the tool and process. However, Q2 was interesting and becoming more customer centric and reaching the $1 Million Dollar revenue mark. Moreover, on the Leaderboard with 9.06 Customer Experience among 50 participants.

#DesignThinking #Learning #Simulation #LearningByDoing #SimplyKumar

Open Finance in Consumer Data Right (CDR) Australia

It is so interesting to see the bud named Open Banking blossom into plethora of different petals.

In 2018, when i first started working on Open Banking for one of the largest Banks in the world. I always thought,

why Open Banking?

why not Open Everything?

as down the line, Open APIs build in each and every sectors is going to make customers life better. It would be one stop app/apps for all the sectors built by TPPs.

Now, 5 years from then, here we are.

Evolved and Evolving into many other areas. Open Banking was the term coined by someone. However, the concept is Mammoth. It would be so interesting to see how it will change from Regulatory requirement to Must have

A Customer Journey from Traditional to Disruptive

After Open Banking, it's Open Finance, Open Energy, Telecommunication and what not. According to me it could even be Education, Agriculture, Tourism and what not

I have been digressing from the main topic, due to my personal thoughts and opinions. Coming to the actual agenda to the post:

Open Finance will bring targeted datasets from across the following service providers into the CDR

1) General insurance

2) Superannuation

3) Merchant acquiring

4) Non-bank lending 

According to Strategic Assessment Outcomes report published in January 2022, CDR build on the growing momentum of Open Banking by spurring rapid product development that gives consumers access to better deals and a more complete view of their finances. By prioritising a smaller mix of targeted datasets across these sectors, the CDR will unlock a broader range of higher value use cases, compared to expanding one sector at a time.

Pic Courtesy: Take by me during normal morning walk. Interestingly, it fits into the opening quote so well.

#OpenFinance #OpenBanking #CDR #API #Customer #TPP #ComsumerDataRight #Evolution #Regulatory #Mandatory #Disruption #SimplyKumar #Thoughts #Facts