{"id":23916,"date":"2022-04-26T20:45:00","date_gmt":"2022-04-26T20:45:00","guid":{"rendered":"https:\/\/prophet.com\/?post_type=case-studies&#038;p=23916"},"modified":"2022-05-11T21:01:32","modified_gmt":"2022-05-11T21:01:32","slug":"financial-services-customer-centric-transformation","status":"publish","type":"case-studies","link":"https:\/\/prophet.com\/case-studies\/financial-services-customer-centric-transformation\/","title":{"rendered":"Financial Services Company"},"content":{"rendered":"\n<section class=\"section-content section-dark\" style=\"\">\n    <article class=\"container\">\n        \n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<h2 class=\"h5 has-text-color wp-block-heading\" style=\"color:#22ffab\"><strong>CASE STUDY<\/strong><\/h2>\n\n\n\n<p><\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h1 class=\"wp-block-heading\">Financial Services Company<\/h1>\n\n\n\n<p class=\"h3\">Putting customers at the center of an organization\u2019s transformation<\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:25px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n    <\/article>\n<\/section>\n\n\n\n<div class=\"wp-block-cover alignfull is-light\"><span aria-hidden=\"true\" class=\"has-background-dim-0 wp-block-cover__gradient-background has-background-dim\"><\/span><img loading=\"lazy\" decoding=\"async\" width=\"1493\" height=\"800\" class=\"wp-block-cover__image-background wp-image-23917\" alt=\"\" src=\"https:\/\/prophet.com\/wp-content\/uploads\/2022\/05\/Thrivent_Header-1493x800-1.jpg\" style=\"object-position:50% 54%\" data-object-fit=\"cover\" data-object-position=\"50% 54%\" srcset=\"https:\/\/prophet.com\/wp-content\/uploads\/2022\/05\/Thrivent_Header-1493x800-1.jpg 1493w, https:\/\/prophet.com\/wp-content\/uploads\/2022\/05\/Thrivent_Header-1493x800-1-600x322.jpg 600w, https:\/\/prophet.com\/wp-content\/uploads\/2022\/05\/Thrivent_Header-1493x800-1-768x412.jpg 768w\" sizes=\"auto, (max-width: 1493px) 100vw, 1493px\" \/><div class=\"wp-block-cover__inner-container is-layout-flow wp-block-cover-is-layout-flow\">\n<div style=\"height:300px\" aria-hidden=\"true\" class=\"wp-block-spacer phone:hidden\"><\/div>\n\n\n\n<div style=\"height:350px\" aria-hidden=\"true\" class=\"wp-block-spacer phone:hidden\"><\/div>\n\n\n\n<p class=\"has-text-align-center has-large-font-size\"><\/p>\n<\/div><\/div>\n\n\n\n<section class=\"section-content section-white\" style=\"background-color: #ffffff;color: #0a0a0a;\">\n    <article class=\"container\">\n        \n\n<div class=\"wp-block-columns prophet-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<h2 class=\"wp-block-heading\"><strong>Challenge<\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>A large, US financial services company was seeing declining growth in customer acquisition and revenue. Facing key market forces \u2013 including shifting consumer behaviors toward greater collaboration and personalization, new threats from fintech entrants and intense competition for top talent &#8211; the C-Suite and Board of Directors decided to embark on a&nbsp;complete&nbsp;transformation of the business.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<h2 class=\"wp-block-heading\"><strong>Solutions<\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>Prophet partnered with the company\u2019s CEO, Chief Growth&nbsp;Officer&nbsp;and leadership team to design a&nbsp;transformation&nbsp;agenda that answered a series of strategic questions&nbsp;around:<\/p>\n\n\n\n<ul class=\"disc wp-block-list\"><li>Developing the organization\u2019s purpose-based strategy<\/li><li>Prioritizing key markets and target customers<\/li><li>Aligning on key products, services and experiences to develop<\/li><li>Building the culture and capabilities required to support the transformation<\/li><\/ul>\n\n\n\n<p>Prophet then created a multi-year, enterprise-wide&nbsp;roadmap that detailed the initiatives necessary to transform multiple parts of the business in parallel. A Transformation Management Office (TMO) was established to enable and accelerate the company\u2019s three-year transformation, largely through quarterly alignment and funding cycles.<\/p>\n\n\n\n<p>While helping manage the&nbsp;transformation, Prophet brought multi-disciplinary teams to help execute the work across business value drivers: Brand &amp; Marketing, People &amp; Organization, Customer Experience, Products &amp; Services, Sales &amp; Distribution, Data &amp; Analytics.&nbsp; Along the way, Prophet has partnered to build new capabilities and codify processes so the organization can keep transformation momentum in the years to come.<\/p>\n<\/div>\n<\/div>\n\n\n    <\/article>\n<\/section>\n\n\n\n<section class=\"section-content section-white\" style=\"background-color: #ffffff;color: #0a0a0a;\">\n    <article class=\"container\">\n        \n\n<div class=\"wp-block-columns prophet-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n <div class=\"carousel-container\" data-slide-show=\"1\">\n    <div class=\"carousel-inner-container\">\n        \n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1493\" height=\"800\" src=\"https:\/\/prophet.com\/wp-content\/uploads\/2022\/05\/ThriventHeader_2800x1500-1493x800-1.jpg\" alt=\"\" class=\"wp-image-23918\" srcset=\"https:\/\/prophet.com\/wp-content\/uploads\/2022\/05\/ThriventHeader_2800x1500-1493x800-1.jpg 1493w, https:\/\/prophet.com\/wp-content\/uploads\/2022\/05\/ThriventHeader_2800x1500-1493x800-1-600x322.jpg 600w, https:\/\/prophet.com\/wp-content\/uploads\/2022\/05\/ThriventHeader_2800x1500-1493x800-1-768x412.jpg 768w\" sizes=\"auto, (max-width: 1493px) 100vw, 1493px\" \/><\/figure>\n\n\n    <\/div>\n <\/div><!-- .carousel-container -->\n<\/div>\n<\/div>\n\n\n    <\/article>\n<\/section>\n\n\n\n<section class=\"section-content section-white\" style=\"background-color: #ffffff;color: #0a0a0a;\">\n    <article class=\"container\">\n        \n\n<div class=\"wp-block-columns prophet-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:30%\">\n<h2 class=\"wp-block-heading\"><strong>Results<\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:66.66%\">\n<p>Prophet&nbsp;successfully launched a new brand that established the financial services provider as a leader in the industry.&nbsp;We&nbsp;helped develop&nbsp;a new employee value proposition to recruit top&nbsp;advisors and&nbsp;a new variable annuity product to&nbsp;grow its existing business. Prophet&nbsp;also introduced new revenue&nbsp;streams by&nbsp;helping&nbsp;expand its mutual funds&#8217;&nbsp;presence on&nbsp;third-party platforms&nbsp;and&nbsp;creating a new managed account product&nbsp;\u2013 all while targeting&nbsp;and acquiring&nbsp;new&nbsp;buyer segments.<\/p>\n\n\n\n<p>A year into the customer-centric transformation,&nbsp;Prophet is helping drive results such as +5% market awareness, +8% in new business revenue and a 20X increase in new leads.<\/p>\n<\/div>\n<\/div>\n\n\n\n<div style=\"height:30px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-columns prophet-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:36%\">\n<h2 class=\"wp-block-heading\"><strong>Impact<\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25.86%\">\n<p class=\"h1\">5%<\/p>\n\n\n\n<p>increase in market awareness<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25.86%\">\n<p class=\"h1\">8%<\/p>\n\n\n\n<p>increase in new business revenue<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:25%\">\n<p class=\"h1\">20x<\/p>\n\n\n\n<p>increase in new leads<\/p>\n<\/div>\n<\/div>\n\n\n    <\/article>\n<\/section>\n\n\n\n<section class=\"section-content section-white\" style=\"background-color: #ffffff;color: #0a0a0a;\">\n    <article class=\"container\">\n        \n\n<div class=\"wp-block-columns prophet-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h2 class=\"wp-block-heading\"><strong>Related Case Studies<\/strong><\/h2>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<p class=\"has-text-align-right\"><a href=\"https:\/\/prophet.com\/work\/case-studies\/\">VIEW ALL<\/a><\/p>\n<\/div>\n<\/div>\n\n\n<div class='tile-blocks'>\n<div id=\"post-37710\" class=\"tile-item post-37710 case-studies type-case-studies status-publish has-post-thumbnail hentry case_study_topic-brand-activation case_study_industries-technology-telecom\" >\n    <a href=\"https:\/\/prophet.com\/case-studies\/20-minuten-digital-transformation-for-switzerlands-most-read-news-brand\/\" class=\"tile-link hotSpot-container\" target=\"_self\" onclick=\"ga( 'send', 'event', 'Card Tile', 'Custom Block', '20 Minuten' );\">\n        <div class=\"tile-block\">\n            <div class=\"tile-content\">\n            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class='entry-title'>\nFrom integration to inspiration: how brand defined UBS\u2019s new era\n<\/h3>\n                    <div class=\"arrow-icon\">\n                        \n\t<svg viewbox=\"0 0 64 64\" class=\"icon i-right-arrow\" aria-hidden=\"true\" role=\"img\">\n\n\t\t\n\t\t\t\t\t\t\t\t\t<polygon points=\"38.11 5.15 36.76 6.45 36.76 6.45 60.5 31.06 0 31.06 0 32.94 60.5 32.94 36.76 57.55 38.11 58.85 64 32 38.11 5.15\" \/>\n\t\t\t\t\t\n\t<\/svg>\n\n\t                    <\/div>\n\n                <\/div>\n            <\/div>\n        <\/div> \n    <\/a>\n<\/div><!-- .tile-item -->\n<div id=\"post-37534\" class=\"tile-item post-37534 case-studies type-case-studies status-publish has-post-thumbnail hentry case_study_topic-brand-activation case_study_industries-b2b case_study_industries-technology-telecom\" >\n    <a href=\"https:\/\/prophet.com\/case-studies\/a-brand-refresh-for-a-logistics-business-making-moves-in-decarbonization\/\" class=\"tile-link hotSpot-container\" target=\"_self\" onclick=\"ga( 'send', 'event', 'Card Tile', 'Custom Block', 'Kalmar' );\">\n        <div class=\"tile-block\">\n            <div class=\"tile-content\">\n                <div class=\"top\">\n                                        <div class=\"bg-img\" style=\"background-image: url(https:\/\/prophet.com\/wp-content\/uploads\/2025\/12\/1-1388x800.jpg)\"><\/div>\n                <\/div>\n                <div class=\"bottom\">\n\n                    <caption class='taxonomy'><span class='content-type uppercase font-GraphikMedium'>Kalmar<\/span><\/caption><h3 class='entry-title'>\nA brand refresh for a logistics business making moves in decarbonization&nbsp;\n<\/h3>\n                    <div class=\"arrow-icon\">\n                        \n\t<svg viewbox=\"0 0 64 64\" class=\"icon i-right-arrow\" aria-hidden=\"true\" role=\"img\">\n\n\t\t\n\t\t\t\t\t\t\t\t\t<polygon points=\"38.11 5.15 36.76 6.45 36.76 6.45 60.5 31.06 0 31.06 0 32.94 60.5 32.94 36.76 57.55 38.11 58.85 64 32 38.11 5.15\" \/>\n\t\t\t\t\t\n\t<\/svg>\n\n\t                    <\/div>\n\n                <\/div>\n            <\/div>\n        <\/div> \n    <\/a>\n<\/div><!-- .tile-item --><\/div><!-- .tiles -->\n<\/div>\n<\/div>\n\n\n    <\/article>\n<\/section>\n\n\n","protected":false},"featured_media":23917,"template":"","case_study_topic":[263,266,265,268],"case_study_industries":[302],"case_study_company":[276],"case_study_capability":[],"class_list":["post-23916","case-studies","type-case-studies","status-publish","has-post-thumbnail","hentry","case_study_topic-customer-experience","case_study_topic-growth-strategy","case_study_topic-experience-innovation","case_study_topic-organization-culture","case_study_industries-financial-services","case_study_company-prophet"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.3 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Services Company<\/title>\n<meta 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Prophet partnered with the company\u2019s leadership team to design and execute its customer-centric transformation agenda.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/prophet.com\/case-studies\/financial-services-customer-centric-transformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Financial Services Company\" \/>\n<meta property=\"og:description\" content=\"A large, US financial services company was seeing declining growth in customer acquisition and revenue. Prophet partnered with the company\u2019s leadership team to design and execute its customer-centric transformation agenda.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/prophet.com\/case-studies\/financial-services-customer-centric-transformation\/\" \/>\n<meta property=\"og:site_name\" content=\"Business Transformation Consultants | Prophet\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-11T21:01:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/prophet.com\/wp-content\/uploads\/2022\/05\/Thrivent_Header-1493x800-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1493\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data2\" content=\"Juliana Urbis\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Financial Services Company","description":"A large, US financial services company was seeing declining growth in customer acquisition and revenue. 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