Leadership for Banks of Future

Leadership for Banks of Future

Banks of future might not look like what they are today. When you hear the term "bank", the visual that comes to the mind is ATMs, Teller counters, Big buildings and Branch offices and so on. Will this be the trend going forward? - I doubt so. Banking is becoming personal and individualistic as we make our pass through the digital everything world. In my view the best banking experience in coming days would be when you have "NO BANKs" i.e. where people have access to financial tools without explicitly asking for it. The way we handle our finances becomes so intuitive and part of our daily life that we don't feel a need to go to bank anymore. Our needs are handled in a seamless way thorough a personalized experience. The banks of future would be those who truly embrace the cross-pollination of technology and human as one. And to visualize this you need new age leaders and a...
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Top 3 Agile Transformation Challenges or Blockers

Top 3 Agile Transformation Challenges or Blockers

Introduction Agile needs no introduction in today's world. The term gets used more often than 'computer' in business context. Organizations are increasingly looking at "Agile" as their default approach of software delivery. As larger organizations attempt to apply agile software development methodologies at enterprise-level, I am attempting to list down top 3 challenges/blockers/barriers below: Lack of Executive Commitment People and Culture Neglecting the need for Technical Excellence Let us elaborate briefly each of these challenges in the section below. 1. Lack of Executive Commitment By its very nature, an agile transformation programme affects large numbers of people in the organisation and it's a change that needs to be managed effectively at all levels. One of the top priority is to establish an effective working relationship between all those that have an interest in the successful outcome of the programme. It sounds simple but hard to achieve. More often at executive level the boundaries of communication and political dynamics result in lack of involvement. Most executives...
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