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How Israel’s Oldest Bank Is Engaging Employees to Become a Leader in Banking Innovation

Qmarkets

In 2013, Bank Leumi embarked on a journey to make innovation one of its prime strategic goals. In order to achieve this goal, the Bank undertook an initiative to change their corporate culture, so every employee would see innovation as part of their daily work; an aim they should constantly aspire to.

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Leveraging Design Thinking for IT-Business Alignment in Prioritizing Mission-Critical Needs

Tullio Siragusa

For instance, consider a hypothetical global bank launching a new online banking system. This method can break down departmental silos, fostering a culture of collaboration and mutual understanding. For our bank, this could mean recognizing that the online banking interface is not user-friendly and needs to be simplified.

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Blueprint for Bouncing Back: A Design Thinking Guide to Unemployment

Tullio Siragusa

Additionally, banks and other financial institutions might be more flexible than you think. Sharing and engaging with loved ones or limiting exposure to distressing news can help maintain emotional equilibrium. Engaging with peers or mentors for feedback can offer fresh perspectives.

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Empathy and Equivalence: Transformative Principles for Modern Workplaces

Tullio Siragusa

Implementing these principles nurtures a culture where collaboration and inclusion are the norms. Empathy Implementation Empathy in action involves encouraging active listening, where leaders and team members fully engage with and understand each other’s perspectives. To counter this, empathy and equivalence are essential.

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Unraveling the Blockchain Revolution: A Deep Dive into Its Promising Future

Tullio Siragusa

Decentralized Finance (DeFi): DeFi platforms leverage blockchain technology to provide financial services without traditional intermediaries like banks, offering more accessible and cost-effective solutions for users.

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