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Deepening Human Connection in an Increasingly Digital World
6/12/2018
© 2018 Market Insights 1
© 2018 Credit Union National Association. All rights reserved.
deepening human connection in an increasingly digital world TM
Saturday, June 30, 2018 | 1:45 pm - 2:45 pm
JOE SULLIVAN, CEO
market insights
© 2018 Market Insights | 2
Deepening Human Connection in an Increasingly Digital World
6/12/2018
© 2018 Market Insights 2
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a great paradox of our hyper-
connected digital age is that we
seem to be drifting apart.
increasingly, however, research
confirms our deepest intuition: human connection lies at the heart
of human well-being. Dr. Dhruv Khullar (2017)
© 2018 Market Insights | 4
neuro-
biologically
wired for
connection
Deepening Human Connection in an Increasingly Digital World
6/12/2018
© 2018 Market Insights 3
© 2018 Market Insights | 5
© 2018 Credit Union National Association. All rights reserved.
time it took to reach 50 million users
Source: Quora © 2018 Market Insights | 6
Deepening Human Connection in an Increasingly Digital World
6/12/2018
© 2018 Market Insights 4
© 2018 Market Insights | 7 Source: Department of Labor Statistics and
Moment app (Kevin Holesh 2017)
© 2018 Credit Union National Association. All rights reserved.
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Joseph R. Sullivan
Deepening Human Connection in an Increasingly Digital World
6/12/2018
© 2018 Market Insights 5
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It’s becoming increasingly clear that
banks that can get the balance right
between digital and personal
interactions will be those
that build the strongest customer relationships. Jim Miller – JD Power & Associates (2017)
© 2018 Credit Union National Association. All rights reserved.
deepening human connection
1. have a clear purpose
2. cultivate empathy
3. rethink face-to-face
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Deepening Human Connection in an Increasingly Digital World
6/12/2018
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1 have a clear purpose it helps members and employees find you
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the most powerful and enduring
purposes are human-centered.
companies must ask themselves,
“what do we do to serve humanity?
do we create joy or belonging? enable exploration
or connection?” Alicia Hare – SYPartners (2017)
Deepening Human Connection in an Increasingly Digital World
6/12/2018
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GUIDING have a
principle
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Deepening Human Connection in an Increasingly Digital World
6/12/2018
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© 2018 Credit Union National Association. All rights reserved.
1. purpose is not a gimmick; and
it is not rocket science
2. purpose should align with the
needs/demands of your market
3. purpose is your north star
purpose
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2 cultivate empathy empathy expressed through both physical & digital
channels leads to greater emotional connection
Deepening Human Connection in an Increasingly Digital World
6/12/2018
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© 2018 Credit Union National Association. All rights reserved.
cultivate empathy
1. be curious
2. share a story
3. help others
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Deepening Human Connection in an Increasingly Digital World
6/12/2018
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Deepening Human Connection in an Increasingly Digital World
6/12/2018
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shame
disrupts
connection
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3 rethink face-to-face make new opportunities for human-to-human contact
possible – for both your employees and your members
– blending the digital and physical world
Deepening Human Connection in an Increasingly Digital World
6/12/2018
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© 2018 Credit Union National Association. All rights reserved.
Source: Cornerstone Advisors. Q4 2017
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Deepening Human Connection in an Increasingly Digital World
6/12/2018
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© 2018 Credit Union National Association. All rights reserved.
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Deepening Human Connection in an Increasingly Digital World
6/12/2018
© 2018 Market Insights 14
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© 2018 Credit Union National Association. All rights reserved.
1. we are neuro-biologically wired for connection;
but how we connect is evolving
2. shift the focus of our member relationships
from transaction to interaction
3. know what difference you are trying to make
4. shame disrupts connection
5. explore new ways to blend the digital
and physical world
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Deepening Human Connection in an Increasingly Digital World
6/12/2018
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growth and comfort
never co-exist Ginni Rometty (June 2017)
© 2018 Credit Union National Association. All rights reserved.
joe sullivan, ceo
formarketinsights.com
@mi_sullivan
thank you