The Cybersecurity of Banking and Finance

Daniel Burrus

If healthcare data and a patient’s trust is as sensitive as research shows, then it’s no surprise that the banking and financial industry is in serious need for anticipatory cybersecurity and digital data protection. Banking Evolution. A Breach of Banking Security.

Listen to Employees When Evaluating Leadership

Adam Hartung

A Banks jumped onto the list as #4 in 2013. Employees have consistently expressed their dismay with CEO Ed Lampert, and 80% actively dislike his leadership. A Banks and Family Dollar.

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Open Banking: what it is, how it works and why invest ASAP

mjvinnovation

In this movement, the term Open Banking becomes a promising reality. In this article, we will demystify and simplify the open APIs concept for banks. Keep reading to see what benefits are for banking institutions, their customers and more! The banks’ challenges with Digital Transformation. Before we go deeper into the Open Banking concept, we need a contextualization: just like the rest of the market, banks face numerous challenges with Digital Transformation.

Successful Strategy: Why it’s a Social Thing

Innovation Excellence

The senior leadership team? Innovation Leadership People & Skills Processes & Tools Strategy Association leadership Global ecosystem senior executives World BankConsider who needs to be on board for success. Your board of directors? Particular committees?

Post-Covid Predictions: Mid-East unrest, digital transformation and lack of leadership

Jeffrey Phillips

Two weeks ago I wrote about three predictions: the rise of Millennials in leadership, a coming real estate bust and a potential crime wave. Iran and Saudi Arabia are contesting for leadership in the region, and both are backing and fighting proxy wars.

Disrupting Markets – Why PayPal Is Worth More Than Ebay

Adam Hartung

Paypal is increasingly becoming a threat to traditional banks. Today most folks use a bank for depositing a pay check, and making payments. There are loans, but frequently that is shopped around irrespective of where you bank. eBay was once a game changer.

Dow and DuPont – Nobody wins when transactions replace leadership

Adam Hartung

And it is too bad the leadership wasn’t in place to save it. Many felt leadership was over-spending on overhead costs like R&D,product development and headquarters personnel. And think of the size of the investment banking and legal fees!!!!

The death of the 20th Century corporation

Matthew Griffin

Your journey to reinvent your organisation using new 21 st Century principles will be difficult but with a clear vision and strong leadership you’ll find that you still have time to survive and that will be the topic of one of my future articles.

Wells Fargo’s CEO is Gone, But What About the Board, Compliance and the Other Execs?

Adam Hartung

We also know that Wells Fargo leadership knew about this practice for at least five years – and agreed to a $190 million fine. CEO Stumpf’s testified to Congress that he didn’t know the details of what was happening at the lower levels of his bank.

Libra : Facebook Finally Innovates

helloFUTURE

If you’ve been under a rock, you might not be aware that Facebook, with several other partners (who include among them, Uber, Lyft, PayPal, Visa, but no banks interestingly enough) have recently announced their own cryptocurrency, Libra. Libra Rocks the Financial World.

Innovation in the workplace – are you doing enough?

Wazoku

Earlier this week, Simon Hill spoke with James Goad of Owen James Events, ahead of the upcoming “Meeting of Minds Bank and Brand Distribution of Retail Financial Services” Event, with the aim to explain the importance of innovation in the workplace.

Innovation in the workplace – are you doing enough?

Wazoku

Earlier this week, Simon Hill spoke with James Goad of Owen James Events, ahead of the upcoming “Meeting of Minds Bank and Brand Distribution of Retail Financial Services” Event, with the aim to explain the importance of innovation in the workplace.

Tart-up or Start up? Two innovation strategies for established companies

Idea to Value

Established companies have a cash flow from their current business, assets or goodwill to mortgage, a proven record with banks. They can lead to cost leadership. Such incremental innovation strategies have characterized Toyota, Honda, Faber-Castell and HSBC bank.

Going Back to the Garage: the rise of the Fintech intrapreneur

Innovation Excellence

I recently attended a Fintech Meetup event involving 400 people present to hear the CEO of one of Australia’s four biggest banks speak about his innovation strategy.

Podcast S3E54: Rita McGrath – Seeing inflection points of innovation

Idea to Value

One of the interesting points we cover is the concept of Inflection Points in innovation, and the management structures and governance from leadership required for innovation to thrive in a company. 00:11:30 – Example of leadership choices and decision making from a Virtual Bank.

7 Disruptive Forces for 2016 and Beyond

Innovation Excellence

As the first month of 2016 comes to a close, here are seven forces of the future poised to shift the way we live, work, bank, and vote. Continue reading → Creativity Disruption Growth Innovation Leadership Management Strategy Distruptive Innovation future Trends

To Outperform: Learn from Anomalies

Game-Changer

For example, the founders of Commerce Bank didn’t look for inspiration from others banks; rather from Target, Starbucks and Best Buy. entrepreneurship Innovation Leadership StrategyIllustration by Christian Laborin.

Overwhelmed, underwhelmed at the Web Summit, Lisbon

Paul Hobcraft

It has the chance to mingle, seek out tech founders, investors, prime ministers, magazine editors, heads of global banks and multiple startups all under one roof. I am taking the opportunity to review the Web Summit, held in Lisbon last week of 5th (evening) to 8th November 2018.

The Dangers of Legacy Thinking

Daniel Burrus

A more serious example occurred last year when the British bank Tesco shut down online banking after 40,000 accounts were compromised. Overcoming legacy thinking doesn’t mandate erasing every strategy, idea or leadership concept you ever used in the past.

Future Squared Episode #27: Innovation Project Management with Paul R Williams | Collective Campus

Collective Campus

Williams, PMP has over twenty years of project, program & portfolio management leadership experience with information technology, innovation management and strategic business initiatives in the investment, banking, insurance, legal, manufacturing and professional services industries Paul R.

Take Your Biggest Problem…and Skip It

Daniel Burrus

The business was relatively new, so without a large track record of successful sales and stability, its request for a loan was ultimately rejected by the bank. With those advanced orders in hand, they were able to secure the loan with the bank and proceed.

If You Can’t Outsmart, You Must Outbehave

Game-Changer

On my last post I explained how the bank that handles my business has a lenghty process for sending out an ATM card. Now, I’m sure the people who work for the bank are just as impatient as I am if they were in my shoes, but they have their wrists tied as employees.

How Do You Ensure Your Culture Keeps Driving Innovation?

Game-Changer

And the real leadership challenge is never settling when everything is going right; acting as if you haven’t achieved anything. Innovation LeadershipOrganizations don’t resemble their early years as they become successful and establish themselves.

Ideas that must die Pt.1

Game-Changer

On this episode we considered killing the following ideas: Fast food; Career ladder; Degrees; Ownership; Banks; Needing all the resources in the world to survive; Advertising; Cost of travel. entrepreneurship Innovation Leadership Podcast podcast

The Risks of Sticking with Legacy Technology

Daniel Burrus

In late 2016, British bank Tesco shut down online banking in early November after 40,000 accounts were compromised, half by hackers for fraudulent purposes. Legacy technology is like that old pair of jeans you wore as a teenager.

Can Africa’s Entrepreneurs and Innovators solve Africa’s Problems?

Destination Innovation

It became a popular service for people who did not trust or use banks. Innovation Examples & Lessons Leadership of Innovation Travel africa cardiopad entrepreneur m-pesa savvyloo

Setting yourself apart through Innovation

Paul Hobcraft

Breaking News : “ Over the past 15 years, a portfolio of stocks based on the Innovation Leaders analysis has repeatedly outperformed all major indexes. Average return has been 14.5% CAGR and in 2016 , growth was 18.9% – significantly higher than S&P500, NASDAQ and FTSE 100.

Are Our Souls on Treadmills??

Mills-Scofield

For many of my students, it’s not chasing the prestigious, expected Investment Banking, Consulting or Entrepreneurial grail to make your first millions before you’re 30, it’s about making the maximum possible positive impact on the world by the age of 25! Culture Education Leadership

How Do You Fight Cognitive Bias So That You Can Be Open To All Avenues Of The Future?

Game-Changer

The first one we did was about the Future of Banking, and the second one was about the Future For Youth. Creativity entrepreneurship Innovation Leadership brainstorming collaboration

Marc Dellaert

Innovation 360 Group

Background: Marc Dellaert is a global senior leader, inspirational speaker, author, board advisor and practitioner in Leadership, Innovation and Transformation. He is also an expert in agile culture and agile leadership. Individual, Team and Organisational Leadership.

Grooming Future Leaders

Michael Roberto

Retired Brigadier General Bernard Banks, now teaching at Kellogg, offers some interesting insights on developing future leaders. Banks explains that companies need to begin grooming future leaders when individuals are not yet managing others. Banks explains: According to Banks, a better path is to begin grooming future managers when they are still in nonmanagement roles, so that they can develop prior to moving up the ladder. leadership leadership development

Manoj Khanna

Innovation 360 Group

For over 18 years I’ve helped strengthen teams from large commercial insurance companies, investment firms, big commercial banks, and media & telecom agencies within continental North America, Europe and Asia. Leadership. Based in the Netherlands and New York, USA.

What Executives are Reading this Month – December 2018

MSSBTI

If purpose is true and impactful, it shows up in the actions of the leadership and the staff in real and very practical ways. Denmark’s Saxo Bank thinks it knows. Like having global leadership tools at your fingertips? Featured Leadership

Consumers Driving Technological Change in the Financial Industry

Daniel Burrus

In yet another twist to a modern tale, it was recently revealed that it was consumers who were leading yet another round of disruption in the banking and insurance sectors. A fifth of respondents also said they would consider obtaining banking or insurance services from potential disruptors such as Google, Amazon or Facebook. . You could be forgiven for asking: What about those who do not have a bank account?

Creating high-performing and faster-moving teams

ImagineNation

In the mid-1990s, Westpac, one of Australia’s big four banks, had a near-death experience , where poor investment decisions and board instability put them right on the edge of failure.

Chris Mawuli Hlovor

Innovation 360

I drive to organise with exceptional follow through abilities and a comprehensive grounding in strategic management to become a leader in Bank/Non-Bank financial sector as well as any organization service and product innovation. Based in Accra, Ghana.

Innovation: How to Recruit and Retain Top Millennial Talent

Idea to Value

At the majority of the premier investment banks and financial institutions—the white-shoe titans of Wall Street—it has always been part of company culture and Wall Street traditions that the newbies work around-the-clock, seven days a week, often pulling all-nighters or even double all-nighters, sometimes only returning home to quickly shower and change clothes. Leadership innovation innovation books innovation in business innovation process millennials Robert Brands

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Change Your Thinking, Improve Your Results

Daniel Burrus

Just ask Delta Airlines , the British bank Tesco or any other company whose legacy software caused breakdowns and data breaches. Overcoming legacy thinking doesn’t mandate a complete whitewash of every strategy, idea or other leadership concept you may have used in the past.

The Impact of Self-Awareness on Relationships

Tullio Siragusa

one’s happiness bank account. Tullio's Blog 12 Principles of an Authentic Leader Acceptance Authenticity author blog emotionalintelligence emotionallyawareleadership gratitude growth mindset growthmindset keynotespeaker kindness Leadership lifecoach Podcast rant and grow rantandgrow selfawareness selfdevelopment selflove selfrealization selfworth speaker success Tullio Siragusa tulliosiragusa vulnerabilityThe Impact of Self-Awareness on Relationships.

Siti Rohani Md Yusof, PhD

Innovation 360 Group

Background: Industry – 25 years in senior management capacity (HRM) in manufacturing, telecommunications, central banking. Leadership Development. Based in Malaysia.

Innovation – My Journey

The Future Shapers

Like most other cryptocurrencies, Bitcoin is not controlled by any single government or central bank, and no one can decide who can send or receive money. This means that no one, including banks, or governments, can block you from sending or receiving bitcoins. Culture Change Open Innovation Thought Leadership“The world needs dreamers and the world needs doers. But above all what the world needs most are dreamers that do.”. Sarah Ban Breathnach.

Starting a Digital Transformation Journey

Rmukesh Gupta

They fundamentally changed how we Interacted with banks. Innovation transformation Alignment burning platform Business Digital Transformation fintech garden of eden LeadershipPremise: It seems like there can’t be a day that goes by when I don’t hear the word transformation being tossed around, usually with the prefix – Digital.

Cybersecurity Is Everybody’s Business

Daniel Burrus

People started to wake up to the new reality when, in March 2015, Premera Blue Cross reported that 11 million bank accounts and Social Security numbers might have been accessed by hackers. It’s quite possibly the most modern rap sheet around. And it’s growing larger every day.