Market Drivers for Industry & Community Platforms – Part 1

IFS Group Logo (Positioning Statement) - Final

“Business Architecture Defining Industry Priorities Vs Community Priorities”


How meaningful and relevant can Community Platforms be in the larger scheme of things? Can Industry Platforms and Community Platforms co-exist or does one model end up replacing the other? What does it take to sustain long term and relevant Community Platform objectives?

As in every other business or industry, a model need not be defined based on it replacing or substituting any existing alternative. In this situation, we do believe that both the Industry Platform as well as the Community Platform need to co-exist for achieving market objectives.

It is important to closely examine the motivations and dimensions that are the success-drivers for each model and the objectives they seek to accomplish –

   

    Industry Centric Platform –IFS - Industry Centricity

  • Primary Focus on institution strengthening process
  • Product manufacturing takes priority & precedence
  • Promotes “Policy – Regulation – Industry” coupling
  • Building & retaining best practices for “self growth”

    Community Centric Platform – IFS - Community Centricity

  • Primary focus on the community strengthening process
  • Market needs & requirements take priority & precedence
  • Promotes “Community – Policy – Regulation – Industry” linkages
  • Building & sharing market best practices for “shared growth”

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IFS RoundTable

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IFS Group is organizing Pre-Conference Round Table with express objective of setting tone and direction of the discussion and dialogues to take place during the India Finance Summit conference.

IFS Roundtable is an exclusive peer group created by and designed for financial services industry leaders by IFS Group. It connects participants to incisive thoughts, valued information and industry best-practices to develop and meet individual / corporate goals.


IFS RoundTable – Discussion Note, which will be held on 10th August 2012, seeks to foster closer co-operation amongst Policy Makers, Regulators, Private and Public sector institutions with a view to advocate strong business practices, good governance, elimination of impediments to investments and open market competition.

Specifically the IFS Roundtable deliberations are expected to achieve the following objectives –

  • Promote good governance, responsible private investment and sustainable economic growth and development for Indian Economy.
  • Discuss, ideate and share global cues, developments and initiatives including the impact on the international BFSI space
  • Discuss and research current issues and trends that influence the BFSI markets and financial institutions
  • Provide a balanced, experienced and supportive discussion environment for industry leaders
  • Serve as a forum for business leaders to study relevant industry issues, exchange ideas and develop industry positions and solutions

IFS Roundtable deliberations through their intensive economic assessment and deliberations will support BFSI space in multiple ways –

  • Explore and develop approaches to address real challenges in industry and institutions
  • Share experiences, practices and ideas around policies, regulations and management
  • Raise the quality of debate and dialogue in BFSI space to bring industry participants views closer to policy makers and regulators
  • Encourage focused knowledge and information sharing amongst market participant and institutions
  • Fill a critical void acting as the leading connector between markets and policy makers

It would be my endeavour to share the outcome of the IFS RoundTable with all of you in the form of an official compendium. Hope you enjoy the thoughts and opinions being shared by industry veterans and specialists.


India Finance Summit

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Welcome to India Finance Summit (IFS), an industry initiative from IFS Group, is India’s first and largest Integrated Multi-Vertical Global Conference on Financial Services Industry. As a market neutral platform of choice for policy makers, industry practitioners and market influencers alike, IFS presents unparalleled business opportunity to every stakeholder in the global FSI space. The motto of India Finance Summit is – “Ideate. Engage. Collaborate”

The spirit to engage, collaborate, and promote active conversations is at the heart of IFS. It is our considered belief that the way forward for the BFSI space is to drive active discussions and collaborations between market participants to foster a sense of collective contribution. This becomes all the more essential in the current scenario wherein each segment has its own independent regulator and policies are framed in a fragmented manner across verticals.

At IFS, we see significant opportunity to act as the thought-leadership bridge for industry participants wherein they share their views in an unbiased, neutral and transparent manner. The strength of any industry platform is the quality of interaction and dialogue – and IFS is committed to drive deep traction and participation through relevant and focused engagements. To read about the conference, please visit www.indiafinancesummit.com

With specific industry focus (BFSI), deep leadership credentials (Advisory Board), strong subject matter understanding (Principals’ Background) and a long term strategic engagement with industry participants, we see IFS fulfilling a crucial role that provides direction, impetus and leadership to the entire BFSI community.

Am including a brief IFS – Flyer here and interested people may write in directly to IFS coordinates. Best

IFS Group – Community-Centric BFSI Leadership Platform – PART 2

IFS Group Logo (Positioning Statement) - Final                                                  Continuation of my earlier post from Part 1

“Bridging Policy Purpose & Market Expectation”


IFS Group Community Platform seeks to foster closer co-operation amongst Policy Makers, Regulators, Institutions and Community with a view to support “Transformational Thought Leadership” in BFSI space. It advocates community centricity in designing operating rules, business practices, market governance and open competition.

IFS Group Platform Objectives –

  • Forum to promote “Conscious Economic Models” for sustainable market development
  • Forum to promote “Industry Dialogue” amongst Policy, Regulation, Markets and Society
  • Forum to invite, recognize, empower Intellectually-gifted individuals in the community
  • Forum to enable community professionals in directly “having a voice” on policy matters

Specifically the IFS Group Community Platform is designed to achieve the following objectives –

  • Promote inclusive governance, responsible private investment and sustainable economic growth and development for Indian Economy
  • Discuss, ideate and share global cues, developments and market initiatives including their impact on the international BFSI space
  • Discuss and research current issues and trends that influence BFSI markets and financial institutions
  • Provide a balanced, experienced and supportive discussion environment for industry leaders to enable collective decision making
  • Serve as a forum for business leaders to study relevant industry issues, exchange ideas and develop industry positions and solutions

IFS Group Community Platform, through its intensive economic assessment and deliberations, will support market evolution of BFSI space in multiple ways –

  • Explore and develop approaches to address real challenges in industry and institutions
  • Share experiences, practices and ideas around policies, regulations and management
  • Raise the quality of debate and dialogue in BFSI space to bring industry participants views closer to policy makers and regulators
  • Encourage focused knowledge and information sharing amongst policy makers, regulators, market participant and institutions
  • Fill a critical void acting as the leading connector between markets and policy makers

IFS Group – Community-Centric BFSI Leadership Platform – PART 1

IFS Group Logo (Positioning Statement) - Final


IFS Group is a social entrepreneurship initiative creating an industry-first, open standard Thought Leadership platform for community professionals from the BFSI sector. Market research & feedback have established the pressing need for a cross-market platform that supports views and opinions of industry professionals. IFS Group aims to fulfill this mandate.

IFS Group is building a “New-Generation Decision Support” Platform to bring BFSI community professionals closer to mainstream market ecosystem. Help uncover smarter, collective and sustainable decisions for the BFSI space in the process.

IFS Group - Platform Association Objectives

Our Purpose –

  • Influence Thoughts, Decisions and Actions in BFSI sector
  • Drive Transformational Thought Leadership in BFSI space
  • Enable “democratization” of decision making process for superior outcomes
  • Improve understanding of economic imbalances and market uncertainties

Our Path –

  • Respect “Individual” Views and Opinions
  • Promote Thought Diversity and Decision Inclusion
  • Balance Social, Ethical & Commercial sustainability
  • Support Unbiased, Independent and Democratic engagements

Our Differentiation –

  • Focus on the Community and not Institutions
  • Encourage innovation in thoughts and policy matters
  • Independence of Thought Leadership from market influences
  • Culture of sharing thru open standards, impactful choices and best practices

As “Voice of Community” IFS Group will promote alternative views to establish Transformational Thought Leadership through pan-BFSI industry dialogue, engagement & collaboration. Hope this becomes a vibrant community through the support of our well wishers and partners.