Mar 12, 2008

Yes, we are shaking up the industry

Today’s issue of the Credit Union Times features an article Gen Y Entrepreneurs Shake up CU Industry, Helping to Reveal Authenticity – and, while I am not technically an entrepreneur, I am grateful to have been included alongside four other twentysomethings who are working to shake up the financial services industry.

The article offers a glimpse of what each of us are seeing out there in the industry. And, not surprisingly, there are some consistent points made by the five of us throughout the article:

  • If you want to be successful targeting Generation Y, you have to be authentic – this includes everything from your brand to your messages; from your people to your customer experience.

  • Technology is already reshaping the industry – from delivery channels to marketing to communications. And, today’s successful institutions will be those that can discern between the technologies that are relevant to their businesses and their markets, and those that are simply the latest hot trend.

  • People – today’s institutions need to recognize the value of Generation Y employees’ perspectives. Staying relevant to younger customers and members requires the input and direction from their peers – ask your younger employees what they think, and listen to them.

As consultants, writers, and speakers, the five of us will undoubtedly continue to shake up the industry this year. Please feel free to contact me with any questions about marketing to Generation Y; and, if you haven’t already, check out the other four members of Gen Y featured in the article that are shaking up the industry:

Jeff Stephens - Creative Brand Communications

Brad Garland - The Garland Group

Matt Dean - Trabian

Bryan Simms - Brass Media

2 comments:

Anonymous said...

The article rocked. You guys are incredibly quotable. I'm glad to be able to work and hang with a bunch of shaker-uppers.

Brady Walen said...

Thanks Brent. It's obvious that we all have plenty to say; now it's just a matter of finding the right audience - one that wants to hear what what we're talking about and is willing to be shaken up a bit.