One of the biggest challenges team leaders face when advocating for digital transformation isn’t the technology itself, or even regulatory issues — it’s making digitalization seem like a viable option. This is especially true in Financial Services, where regulation, legacy hardware, and interwoven processes create cultures that are resistant, or even outright hostile, to change.
On this episode of Transformation @ Work, we discuss what happens when business culture blocks digital transformation and how team leaders can address concerns, overcome resistance, and move the needle on their innovation efforts.
One of the biggest challenges team leaders face when advocating for digital transformation isn’t the technology itself, or even regulatory issues — it’s making digitalization seem like a viable option. This is especially true in Financial Services, where regulation, legacy hardware, and interwoven processes create cultures that are resistant, or even outright hostile, to change.
On this episode of Transformation @ Work, we discuss what happens when business culture blocks digital transformation and how team leaders can address concerns, overcome resistance, and move the needle on their innovation efforts.
Key Insights
02:25 - Common objections to digital transformation
04:05 - How leaders can proactively address those objections before proposing digitalization to their team
07:13 - The role of system integrators and technology partners in digital transformation
08:38 - How team leaders can best utilize their technology partners to help change the company culture
11:49 - Bringing the C-suite onboard: How to work with executives to make digitalization a reality
14:05 - Respecting employee investment while encouraging digital solution adoption
16:52 - How does the process change when an organization has shot down transformation efforts in the past?
18:49 - The role a qualified technology partner such as Gerent might have in driving excitement for a digital solution among hesitant employees
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