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How Banks Can Stay Resilient As AI Becomes More Disruptive

Harvard Business

Leaders in finance should take the following three steps: 1) accept that culture transformation is essential to digital transformation, 2) not settle for AI optics, and 3) assume the disruptive threat is real and be proactive. The second is a massive migration of tech talent from big finance to big tech.

Banking 254
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What Does It Actually Take to Build a Data-Driven Culture?

Harvard Business

Lessons from Kuwait’s Gulf Bank.

Data 209
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The Economics of Why Companies Don’t Fix Their Toxic Cultures

Harvard Business

Over the last decade, industries, academics, and the public sector have turned their focus toward culture and ethics in response to the financial crisis as well as misconduct at a broad range of corporations. But what role does culture play in corporate misconduct, and why do these problematic cultures persist?

Culture 133
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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business

It’s been more than 25 years since Bill Gates dismissed retail banks as “dinosaurs,” but the statement may be as true today as it was then. Banking for small and medium-sized enterprises (SMEs) has been astonishingly unaffected by the rise of the Internet.

Banking 133
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Brews, News and Booz & Company: Interview and Culture Insights

Management Consulted

Booz & Company Interview and Culture. Where prestige, pay, exit opportunities and culture are concerned, Booz & Company ranks number 4 behind MBB. After 2 years, he recruited 2 friends from Chicago and formed the Business Research and Development Company with $500 borrowed from the bank. BOOZ & COMPANY CULTURE.

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The Blockchain Will Do to Banks and Law Firms What the Internet Did to Media

Harvard Business

The originating community had a strong libertarian and antiestablishment spin that, in many ways, was similar to the free-software culture, with its strong anticommercial values. Similarly, many view blockchain technology and fintech as merely a new technology for delivery — maybe something akin to CD-ROMs.

Media 190
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Culture in Companies, Families, and Romantic Relationships

CaseInterview.com

At Stanford, the one class I disliked the most was called “Cultures, Ideas and Values.” I’ve been thinking a lot about culture lately and how much it pervades so many aspects of human life. Let me define what I mean by culture first (as my definition is more narrow than those of my former professors).

Culture 116