Business Today – Why Banks Need Digital Talent to Survive

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Business Today – Why Banks Need Digital Talent to Survive

With internet giants like Apple and Google bulldozing their way into financial services, banks urgently need to overhaul their digital business models. Where should they start? By recruiting the right digital leaders, writes Egon Zehnder consultant Axelle Sznajer in Business Today. She advises banks to look for outsiders who can bring a fresh perspective to their business. Given that experience of leading such radical transformation is rare, the key benchmark for digital leaders for Sznajer is potential to succeed. Lean execution skills and the ability to cut across silos and motivate others are also key attributes, notes Sznajer. Ultimately, driving such sweeping change not only depends on recruiting the right talent, but also on unwavering support from the very top.

Full story: Axelle Sznajer: Will Apple, Facebook, Google or Mondo swallow the banks in Business Today (31 July 2015).