Download Banks of the Future: Putting a Puzzle Together Creatively by Sohella Thuiner PDF

By Sohella Thuiner

This booklet will consultant monetary associations in constructing new techniques and options for dealing with perennial concerns. Emphasizing the worth of creativity for venture administration within the banking zone, the writer offers new insights for all these operating in banking and finance. proposing a couple of new, outside-the-box principles, the ebook may be considered as the lacking spice that would creatively remodel all different constituents within the financial world.

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2 Remain Practical The project manager should be able to control the daily processes around his project in a pragmatical way and to provide all needed documentation, including reporting, about the ongoing status of the project so that he can freely decide whom to involve formally, informally, or not at all. If the project manager, for instance, does not 8 1 Introduction bring along a diverse work experience, he will encounter difficulties to focus on a practical approach, which can make a simple and straightforward project become more complex than necessary.

We tend to see the topic of ethics as being an issue concerning the banking systems, but behind the banks are people. In the past, management’s or employee’s ambitions as well as insufficient regulations have created possibilities to earn big bonuses without adequate controls or consequences for bad behavior. Since the crisis senior managers, auditors, and regulators of financial institutions have begun to stress the importance of continuous education of employees about new rules, the meaning of ethics, the respect for the privacy of clients’ data as well as the compliance with guidelines in all involved countries and the consequences of non-adherence.

Who are experts in both fields. I do not mean business experience as in having worked in a business area where IT services have been provided, although this experience can also be enriching, but IT expertise by a person who has previously worked as a business expert in the field that he is currently working in. IT people who are capable of looking beyond their subject will certainly be able to remove the barrier between IT and businesses successfully and will equally be able to lead a project to success by understanding their project teams, by being empathic and earning their trust.

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