Can credit unions break the 4 minute mile?

first_img“To make technological break-throughs, we need to reconstruct the mental model we have about technology. We can’t look at technology based on how it affects what we do, in our daily lives or in the credit union industry. There are concepts people have heard of, understand somewhat, but still view them through today’s lenses, instead of a view to the future.” Google Solutions Architect Loren Hudziak gave a historic example of this concept to the 350+ credit union attendees during the 2017 CSCU annual conference.“Medical student Roger Bannister was the first person in recorded history to run the mile in under four minutes. Up until he did it in 1954, most people thought the four-minute mark was impossible to break. They thought the human body couldn’t physically go that fast – that it would collapse under the pressure. They thought ‘No-one could run a mile in less than four minutes.’ ‘It was impossible.’ It was a physical feat for Roger, but more importantly it broke a mental model that this was impossible. Once it was recognized that a four-minute mile was possible, Roger’s record was broken 49 days later, and now it is expected of even high school runners.”A specific example Hudziak gave is the way people view the cloud. “5% of all organizations are on the cloud today. We have a mental model about how we manage IT, and the cloud is a new and different model for computing. Benefits include paying only for what you need, and the ability to expand as needed. Another benefit is security. Some people still naively think that having systems in-house is safer than processing in the cloud. But the truth is that most individual IT systems are far less protected than that provided by cloud vendors. Ransomware and malware are becoming rampant in in-house IT systems, but cloud vendors have multiple methods to thwart these types of attacks.” continue reading » 14SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img