Gartner has been writing about Pattern-Based Strategies for some time now. It’s an existing body of research, here are some examples (for paying customers):
- “Introducing Pattern-Based Strategy“
- “Balance Investment in Four Categories to Support Pattern-Based Strategy”
- “Five Eras of IT Business Value Add: From Automation to Pattern-Based Strategy”
- “CEOs and Chief Strategy Officers: Balance Investments With Pattern-Based Strategy”
Pattern-based strategies enable business leaders to actively seek, amplify, examine and exploit patterns (see “Introducing Pattern-Based Strategy“). Seeking patterns will require new disciplines and technologies that identify patterns of change to indicate opportunity or risk. Exploiting patterns will require new disciplines and technologies that enable an organization to establish a consistent and repeatable response (focused on results) to patterns of change.
Loan portfolio management should immediately become a critical element of a lender’s corporate pattern-based strategy because it uses technology to expose signals that may lead to a pattern that will have a positive or negative impact on operations. It can be used to significantly the credit losses forecasted for the global financial services industry.