Understanding multi-speed banking
The term multi-speed refers to the capability of a subject to operate at more than one level of speed simultaneously. Multi-speed occurs all around us in real life. We often refer to multi-speed organizations, economies, and sports. Our incumbent is also characterized by the condition of multi-speed. This condition is important to understand in terms of its originating factors and influence on the enterprise’s DevOps adoption. It is crucial to take it into consideration when defining your vision, objectives, and implementation approach.
Why multiple speed levels arise out of different situations and ambitions
A multi-speed incumbent bank can be a natural result of situations (remember the equity trading and settlement example in the previous chapter) or an intentional construction driven by vision and ambitions. It is inevitable; being in different situations or being driven by different ambitions creates natural or constructed differing...
