In June, I was lucky enough to be Vancity’s representative at a meeting of the Global Alliance for Banking on Values in Copenhagen. I have tried to sum up that experience in three posts on the Credit Union Water Cooler site.
The third and final post was published today. It’s called Citizen Bankers. Please take a look and leave a comment on the site if you have something to add or ask.
My first two posts were From Community-based to Values-based and The Banking Commons.
I’m humbled by my experience in Copenhagen with my Global Alliance colleagues – I am still unwrapping my lessons and the world of possibilities discovered during my time with them – and am very proud of these three posts.
As always, I welcome your thoughts on this final post…
The second part of my three-part series of posts on my experience in Copenhagen at the Global Alliance for Banking on Values meeting is now live. It’s called The Banking Commons. Please check it out and leave a comment and let me know what you think…
The first part of my three part series of posts on my experience in Copenhagen at the Global Alliance for Banking on Values meeting was published today on the CU Water Cooler site.
That is all.
I’m at YVR, waiting for a flight to Copenhagen. I’m going to a meeting of the Global Alliance for Banking on Values, a group of 24 banks, credit unions, microfinance organizations and other financial institutions dedicated to a sustainable banking model. These organizations have a “shared commitment to find global solutions to international problems – and to promote a positive, viable alternative to the current financial system.”
We’re meeting in Copenhagen, hosted by Merkur Cooperative Bank, to discuss how to better convey to consumers what a values-based banking model and approach is all about. How do we get people to include thinking about what their money is invested in while it’s parked at the bank as one of their decision factors when choosing a financial institution – in addition to rates, location, brand, etc…
It’ll be an intense few days of meetings and visiting Merkur’s clients who are working to create a more sustainable, equitable society. I’m excited and a little nervous about it. I am looking forward to meeting new colleagues from around the world who share a vision of addressing society’s problems through the tools of banking. And, of course, I’m honoured to be representing Vancity, as always.
I’ll blog while there if I have anything interesting to say, and I’ll also be taking photos on Instagram.
This past weekend was BarCampBank Seattle. We got into many good discussions ranging from the books were reading and why we like them, to technology disruption, to values-based banking (that last topic was mine, surprise, surprise).
At some point in the day, the incredibly wise Gene Blishen said something that I keep mulling over. We were talking about the need for business to be constantly growing, and he said…
It’s not about growth, it’s about development. As people, we grow for our first 18 years and then we stop growing, but we keep developing as people until we die.
I have always been puzzled by the assumption made by most people I’ve ever talked to that the goal of business is to grow, constantly. But I don’t think most companies deserve and demand the scale to be big. Some companies, some ideas, some leaders are better suited to be smaller. Why not crave to be the right size for your ambitions, your market, your desired size, and not be constantly growing?
I believe all companies and organizations, like people, should be constantly developing. Refining what they do, evolving it, learning and improving. That seems obvious. But I don’t think all companies should aim for growth and scale.
What do you think? Am I missing something?