How Digital Process Innovation Can Influence Organisational Change In The Finance Sector

Strategy Driven

The finance sector as we know it is being transformed by new technology. Finance leaders are expected to orchestrate change by closely controlling how their finance systems work alongside other parts of the business.

Capital vs. Influence

N2Growth Blog

I have watched entrepreneurs and executives initially trivialize the value of influence in a capital transaction, only to regret it down the road. Savvy CEOs simply aren’t in a rush to close the deal and secure the funding if it means sacrificing knowledge, experience and influence.

Six Types of Stakeholders Leaders Need to Influence

Career Advancement

It’s about impact, influence and inspiration. Impact involves getting results, influence is about spreading the passion you have for your work, and you have to inspire team-mates and customers.” When a leader has influence with clients, they trust her ideas and advice.

Social Media Influence | N2Growth Blog

N2Growth Blog

While anyone can have a social media presence, not everyone possesses social media influence. You might have something to say, but without influence, nobody will be listening. Put simply, having a social media presence without influence is little more than an exercise in frivolity.

How To Create Lasting Influence | N2Growth Blog

N2Growth Blog

Understanding how to leverage the influence factor can make a defining difference in your ability to drive change, build cohesive teams, and to successfully implement strategic vision. As a leader your “Influence Quotient” is the IQ you need to pay attention to.

Leadership & Influence Summit | N2Growth Blog

N2Growth Blog

Registration for this free online event will not only give you access to my video, but also presentations featuring some of today’s leading influencers. This topic has deeply impacted me in recent years: "defining moments" with respect to leadership influence.

Where does the most influence reside in your organization?

thoughtLEADERS, LLC

Our reader poll today asks: Where does the most influence reside in your organization? Marketing is the top dog: 8% Product is king: 13% Finance rules all: 21% Operations is in charge: 21% R&D is above all others: 2% Sales, sales, sales: 26% Someone else: 9% Know who the alpha is.

If You Don???t Lead Innovation, You Aren???t a Leader. (And you won???t stay in business very long.)

Engaging Leader

We wouldnt expect to find the IT or Finance departments bursting with innovation. Blog Creativity Influence 3.0 Conventional wisdom says creativity is the realm of advertising, and innovation the job of product development.

The Surest Way to a Positive Attitude

Kevin Eikenberry

” He spoke about faith and finances, leaving 1200 people with plenty to think about. Achievement Gratitude Influence Leadership Learning Quotations Success Daniel Lapin positive attitudeI had the chance to meet and hear the fabulous and wise Daniel Lapin speak yesterday. Daniel is a best-selling author, radio personality and is known as ”America’s Rabbi.” Today’s quotation is one of the final things he said to the [.].

Pillars of the New Influence

Harvard Business Review

Two years ago, I found myself taking a crash course on influence, advocacy and online behavior. In this case, I had enough influence (and trust) with my core network to create a ripple effect that spread to other networks, which were transformed into advocates for the family.

Whose “Guy” Are You?

Nathan Magnuson

Instead of simply identifying yourself by a job title (“I work in finance”), make your role personal to the people you serve (I’m your forecasting guy). Communication Influence Strategic Thinking customers sales ‘I’ve got a guy.”

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3 Rules for Experts Who Want More Influence

Harvard Business Review

Ramit Sethi – the bestselling author of I Will Teach You To Be Rich – developed his knowledge of personal finance the hard way, through his personal experience of winning a college scholarship and then almost immediately losing half in the stock market.

Research: Business School Really Does Influence How Students Make Decisions Later On

Harvard Business Review

But how well schools meet this goal, and to what extent their teaching influences their students’ leadership, is an open question. Despite the general trend across schools toward becoming more finance-oriented, there could have been considerable variation in what’s taught. In another supplementary analysis, we used the rankings of finance departments in business schools. Andy Roberts/Getty Images.

Research: How Investors’ Reading Habits Influence Stock Prices

Harvard Business Review

But although the market as a whole displays a variety of biases in processing financial news, not all finance professionals consume news in the same way. In “News Consumption: From Information to Returns,” I compare the news consumption patterns of different finance professionals. And they read far more news than any other group of finance professionals. A cornerstone of efficient and transparent markets is freely available information.

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Great Leaders Leverage Great Messaging | N2Growth Blog

N2Growth Blog

Let me be clear that I’m not talking about form over substance here…They simply understood how to message their shortcomings and flaws, while engendering confidence around their planning for corrective measures to critical spheres of influence.

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Recommended Resource – Advocacy

Strategy Driven

Advocacy : Championing Ideas and Influencing Others. Advocacy ‘s positive promotional methods provide a comprehensive, actionable way of dealing with these influencers with the goal of benefiting the organization; making it a StrategyDriven recommended read.

Author Chris Brady's Leadership Blog: He Who Laughs, Lasts

Chris Brady

Main | Rascals » June 17, 2010 He Who Laughs, Lasts Leadership is about the influence one has with others. To gain that influence, one must be an effective performer, trustworthy, visionary, and a whole host of other things we described in Launching a Leadership Revolution.

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How Social Media Can Grow Your Business

Strategy Driven

Learning how to budget effectively for marketing campaigns can be difficult, as you don’t necessarily know how effective they will be in the long-term or whether your finances are being put to good use.

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How to Host a Productive Generational Conversation

Nathan Magnuson

Finance doesn’t want to pay for “unproductive” time. At any rate, they have significant influence. A decade ago, American organizations were largely unaware of the predicament they faced.

New Leader Checklist: 4 Questions to Ask if You Want to Lead Effectively

RapidStart Leadership

Leadership is influencing others to get something done, so it’s crucial to understand what the long term vision of your organization is, and the short term goals you need to meet to get there.

What You Should Do If an Employee Has an Accident at Work

Strategy Driven

Remember this would affect not only your finances but also your reputation, and for your business’s future, you will want to avoid this at all costs. Despite all the precautions and safety measures put in place at your place of work, accidents can and do happen.

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Common Disputes Between Business Owners

Strategy Driven

After all, the look of every business influences the aesthetics of an entire area. Try to keep in mind the fact that you don’t know what the finances of that businesses are like; they may be well aware of their poor exterior frontage, but don’t have the funds to rectify the issues.

Know Your History, Purpose and Direction

CoachStation

It provided the opportunity to delve more deeply into my initial answers on the importance of knowing why I do what I do and how that influences my direction and future focus – a process I encourage you to do too! Why do you do what you do?

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Leaders need to Lead

Great Leadership By Dan

Another said that leaders “influence” while managers “direct.” He used to bemoan senior managers that knew a lot about finance, labor negotiations and “leadership” but couldn’t tell a crank shaft from a piston rod.

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How to Lead a Redneck

Lead Change Blog

Many leaders took classes to learn how to influence ESTJ’s or Analytics or Controllers. I think leaders are influencers of people, not just a driver of results. We can thank Hapeville, GA native Jeff Foxworthy for giving rednecks their due.

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Starting Your Business In Style – You Don’t Have To Go It Alone

Strategy Driven

Financing the venture from your personal savings is an option, but won’t be open to many. The use of testimonials is one that can influence virtually anyone that encounters your brand.

9 Ways to Challenge Your Assumptions

Lead Change Blog

There is a silent, guiding force in your life that has more influence than you can imagine. Would the finance person agree that your investment will generate acceptable returns? We instinctively know the impact that friends and family have on how we live our lives.

Research: The Digitization of Banks Disproportionately Hurts Women Entrepreneurs

Harvard Business Review

In Sweden, for example, the portion of approved bank loans to small and medium-size enterprises has decreased by 15% over the last 10 years , and roughly 60% of all ventures in need of external financing have reported difficulties in accessing financing for their investments. It turns out that women entrepreneurs who seek to finance their ventures using bank financing are increasingly forced to find solutions elsewhere. This identity can bias financing decisions.

Leading and Loving

Chris Brady

As your influence grows your roles will change.

The Best Leadership Books of 2016

Leading Blog

64 Shots : Leadership in a Crazy World by Kevin Roberts In 64 Shots, Roberts draws on the biggest ideas, toughest experiences and greatest influences of his life to present 16X4 stripped down, straight-forward and instantly-absorbable insights on how to bring order to the chaos of business and life.

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Who’s Better at Strategy: CFOs or CSOs?

Harvard Business Review

Together, they have the stature to challenge and influence how the company makes decisions. First, the finance chief is often first among equals on the board of directors and can help engage the board more productively on strategy. Strategy Finance & Accounting Article

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Leading By Example & Mistaken Beliefs | You're Not the Boss of Me

You're Not the Boss of Me

The bottom line : If you don’t represent yourself honestly where ever you are, the example you set will not ring true for those you want to influence the most. Even if we have never been placed in a formal leadership position, we influence those around us simply by being there.

5 Questions All New Managers Need to Ask on Day 1

Survive Your Promotion

Who are the influencers? The best way to learn who has influence is to go meet with other people in the organization. If you are in sales, talk to people in finance, in production, in support, or whatever other teams exist around the company to learn who’s who. Your first day on the job as a new manager can be nerve wracking. New responsibilities, new expectations, and everyone looking to you for leadership when you don’t even know where the bathroom is yet.

Ten Types of Organizational Change

Change Starts Here

While the general approach to influencing change is similar across projects, the specific details of how you implement each project will depend on what you’re trying to change. Organizational change, or the change that happens at work, encompasses many different types of projects.

Best Leadership Blogs 2010 | N2Growth Blog

N2Growth Blog

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How Credit Card Companies Make Their Money

Strategy Driven

We may think we are above the influence that stress has on our finances, but studies indicate the contrary. You’ve likely experienced a fair amount of credit card companies trying to entice you via offers in the mail.

Stewardship Is an Alternative to Leadership

Jesse Lyn Stoner Blog

Reading this updated edition, I was reminded of how much my thinking was influenced by the first edition 20 years ago. There are just a few areas that need it, like how you report finances. Stewardship is about choosing service over self-interest.

Inside Job – Unveiling Economists’ Ties to the Financial Sector

Strategy Driven

PBS NewsHour Economics Correspondent Paul Solman talks to Charles Ferguson, director of Academy Award winning documentary, Inside Job , a film that raises red flags about the world of finance. America and the world are still recovering from the global economic crisis of 2008.

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But My Business Is Different… | N2Growth Blog

N2Growth Blog

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Women on Business: Taking the Lead and Making a Difference

Strategy Driven

Invest in new business ideas: With financial strength in their pocketbooks and in their bank accounts, women can now even think about investing in other business ideas conceived by others women who are having trouble getting financed the conventional way.

A Road Map for Young Adults

Leading Blog

Not all of the advice is new but it is the “uncommon sense” we all need to get along and influence the people around us in a positive way. He includes advice on what to do during each year of your college career, advice on internships, how to manage your finances, and what to say during interviews. It all began with an e-mail from his daughter, Avery, with the subject line: "Is this okay to send?".

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The Lost Art of Brevity | N2Growth Blog

N2Growth Blog

In 140 characters or less, elections are influenced, news is being broken, relationships are being created and expanded, brands are being built, trust is being build, influence is being generated, and products & services are being sold.

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How to Build Team Culture One Test at a Time

RapidStart Leadership

The heart of the Ranger “never quit” attitude comes down to team culture, and culture is influenced by the actions of the leader when times get tough. Following the stock market crash of 2008, finances were shaky, and Chapman was under heavy pressure to start laying people off.

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