M One Inc.
Ten signs your bank is behind the technology curve:
1. When you ask for a Windows upgrade, someone calls the
2. Your executives can't tell which is the laptop and which is the Etch-
3. Your technology provider will only give you a post office box to mail
4. Your savings passbooks still get updated with the message, "Now
5. As a "valued customer," you receive an invitation to the Smith Corona
6. Your chief financial officer defines dynamic modeling as "changing
7. The modem in your daughter's personal computer has more bandwidth
8. The only person qualified to repair your equipment is called "Lefty"
9. Your MIS manager refers to his bottom desk drawer as the "data
10. The Smithsonian Institution inquires if your bank would like to be
Do any of these sound familiar or did you laugh at them, realizing how
The rapid pace of technological change has become a serious concern for
This periodic column, called "Community View," will deal with technology
The column will tackle such issues as:
*How should you analyze your bank's technology spending?
*Is your bank a potential victim of technology risk?
*How will technology affect the community bank branch?
*What does client/server really mean, and how do I know it when I see
*How can you overcome board reservations about technology?
In addition covering common topics,
There is a ridiculous misconception in the industry that small
How ironic. We live in a time when Peter Drucker has declared: "By and
We laugh at Dilbert cartoons because they are painfully realistic about
We witness a thriving venture capital and IPO market as it fuels the
Though the competitive bar has never been higher, success clearly awaits
I hope this column will serve as a useful guidepost.
Please send comments, ideas, and questions for "Community View" to: Matt
Ms. Seymann is president and chief executive of M One, a Phoenix-based