10 Characteristics of a fintech leader
1. Clarity of vision: Concrete vision for the future and a CEO and leadership team thoroughly committed to seeing the vision implemented.
2. Aware: Aware of the signals of change occurring in the financial services market and is constantly seeking insights into how fintech is and will evolve in the future.
3. Strategic: Well-developed yet adaptab...
1. Clarity of vision: Concrete vision for the future and a CEO and leadership team thoroughly committed to seeing the vision implemented.
2. Aware: Aware of the signals of change occurring in the financial services market and is constantly seeking insights into how fintech is and will evolve in the future.
3. Strategic: Well-developed yet adaptable strategy for leveraging fintech innovation in order to achieve its strategic business objectives.
4. Customer-centric: Focused on customers first — using customer demands, pain points and challenges to drive technology innovation from the outside in, rather than the inside out.
5. Collaborative: Looks to create both internal and external relationships in order to drive its fintech strategy and buy-in for specific initiatives. The companies work directly with partners, fintech, employees, regulators, industry stakeholders, and others in order to ensure it is leveraging fintech appropriately while helping to develop the broader fintech ecosystem.
6. Dedicated: Dedicated team for implementing fintech innovation — a team that has developed strong, collegial relationships across all business units and departments in the organization in order to ensure fintech is being used effectively to solve real business problems.
7. Agile and adaptable: Able to make changes as required to address the challenges associated with a constantly evolving business and fintech environment.
8. Outcome-oriented: Focused on outcomes, with specific plans to measure and assess the impact of fintech innovation. At the same time, the company recognizes that ROI may take time to achieve and so has identified a range of other measures and metrics in order to help guide fintech-related decisions.
9. Willing to learn: Open to learning — not only from its own experiences but from the experiences of others both within and outside its industry.
10. Long-term and short-term focused: Able to focus on implementing the long-term, transformative changes required to reshape the work they do and how they do it — while also implementing the incremental changes required to respond to day-to-day challenges. The company has found ways to ensure that any incremental changes do not go against the guiding principles of its long-term fintech strategy.
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