3 Essential Leadership Qualities in Banking in 2017

Scripted’s talented community of freelance writers have a variety of expertise and specialties. While many of our customers hire writers to execute their content marketing strategy, our writers deliver high-quality content in many formats. You can find content writers, blog writers, ghostwriters, and SEO writers all with experience in your niche.

The following is a an example of a Banking blog post:

3 Essential Leadership Qualities in Banking in 2017

Leaders must cultivate these three attributes if they want their bank to survive the FinTech revolution.

An increased pace of technological evolution coupled with rising customer expectations, expanded VC funding and a decrease in regulatory barriers has created the opportunity for unprecedented change within the banking industry.

This environment has allowed FinTech startups and neobanks to thrive, claiming large parts of a value chain traditionally dominated by a few large players. Globally, 50.2% of customers are already doing business with at least one non-traditional FinTech (CapGemini), and that number is expected to continue to rise.

To retain existing customers, traditional firms must embrace a culture of innovation. That change starts at the top: good leaders set the example and embody the desired corporate culture. Banking leaders must:

Embrace Uncertainty

Change is impossible without risk. Traditionally, a list of desired leadership qualities in banking would not include risk-taking, yet it is this quality that is allowing FinTechs and neobanks to grow quickly and attract investment.

Leaders in banking must allow their employees to take risks and innovate. Penalising mistakes creates a risk-averse company culture. Instead, leaders should encourage out-of-the-box thinking and celebrate lessons learnt through failure.

Have a Collaborative Mindset

Many leaders in traditional financial institutions still view FinTechs as threats to either outcompete or acquire, but there are also opportunities for leaders who are willing to collaborate.

For example, DBS runs pre-accelerator programmes to enable them to connect with emerging FinTechs and create early opportunities for profitable partnerships.

Leave Your Ego at the Door

When a leader starts to believe that their own agenda and status makes their thoughts and ideas more valuable than their employee’s or partner’s views, there is very little room left for innovation or collaboration.

A humble leader empowers others to perform better by being open to other opinions, looking out for their team’s best interests, and admitting their mistakes.

James E.

James E.

Blackwater, England, United Kingdom

I am an experienced copywriter with a reputation for delivering high-quality long-form content. I have worked with a wide variety of brands - including Shutterstock, SAP, and eBay - to create content that communicates expertise, generates trust, and builds brand loyalty. I spe...

Jobs Completed 157 Customer Ratings 91 Job Success 155/157 (98%)

Other content marketing examples from James E.

The Importance of Buyer Personas In B2C Marketing

Buyer personas – fictionalized profiles representing different market segments – are a vital tool... Read More

The Growing Importance of Influencer Marketing for B2B Sales

Influencer marketing is the practice of reaching out to “influencers” within your market and coll... Read More

Similar content marketing examples from other writers

Why Freelancers Should Be Thinking About Tax Season All Year Long

Ah, tax season. Whether you’re a business owner, independent professional, or a freelancer, tax s... Read More

The Uncarrier ventures into "digital banking" with T-Mobile Money

As a tech nerd, I get way too excited when I see something new or unusual in consumer technology.... Read More

4 Things to Know About Your Company To Make a Successful Pitch to Investors

When you pitch your business to potential investors, explain your company’s purpose, target marke... Read More

Finance for the Future Will Be Virtual, Mobile, and Driven by AI

At the turn of the 19th century, the Industrial Revolution completely changed the landscape for c... Read More

Retirement Advice for Seniors

According to many financial planning experts, to make your investments last for the rest of your ... Read More

Shepherds: Mobilize Your Folk As A Knowledge Flock

The information age is no longer a novel tomorrow; it’s firmly our collective today. To that end,... Read More