Trends Report

The Spotify Approach In Banking: Don't Copy It; Adapt It

How To Scale Agile By Cherry-Picking From The Spotify Approach

September 6th, 2019
Diego Lo Giudice, Vice President, Principal Analyst
Diego Lo Giudice Vice President, Principal Analyst
Oliwia Berdak, VP, Research Director
Oliwia Berdak VP, Research Director
With contributors:
Christopher Mines , Jost Hoppermann , Jacob Morgan , Andrew Dobak , Kara Hartig

Summary

Born-digital firms have embraced next-generation organizational structures. The Spotify approach in particular is hogging the limelight. But what works in lean digital businesses might not be practical at Fortune 500 enterprises. Banks are struggling with embedding regulation and compliance into teamwork, adjusting their architectures to match tribe and squad work structures, and governing in a way that minimizes interdependencies. Application development and delivery (AD&D) professionals should read this report to learn best practices for Agile transformation in banking.

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