Banking Transformed from Jim Marous, Co-Publisher of The Financial Brand, offers a perspective on the importance of leadership transformation as well as recommendations for setting the necessary foundation for leading digitally transformed organizations:
- Learn how to begin digital transformation at the top
- Discover the best of old and new leadership skills to bring into the future
- Gain knowledge for redefining organizational culture
The banking industry is trying to respond to an increasingly turbulent business environment, where legacy leadership and existing cultures are being challenged. In many instances, the legacy culture becomes a barrier to the required changes needed to become digital banking organizations.
Not only do leaders need to articulate a vision for a future of increasing customer expectations, greater competition, new delivery channels and advancing technology, but they also need to provide the resources to become digital technology organizations.
Some people argue that completely new leadership skills will be required to survive in the digital age. Others believe that leaders should go back to the essentials established decades ago, not letting change distract or disrupt an organization on the managerial level.