|Finance 2.0 New Year Resolutions for Swiss Banking CEOs|
Dear CEOs of Swiss Banks, the end of the year is near. In case you have not found any New Year Resolutions below I would have some ideas. As always there are many things we want to make better in the new year. An area where you certainly have room for improvement is Finance 2.0.
Open a Twitter Account and build a Community
|Opening a Twitter Account and build a Community|
Make Head of Digitization a Member of Management Committee
|In a Finance 2.0 Bank Head of Digitization belongs in the Management Committee|
Have a Finance 2.0 Expert in your Board
|A Finance 2.0 Expert in the Board|
It is only logical. The main responsibility of Board members is to develop or at least sing off and monitor the bank's strategy. Since Finance 2.0 should be an important part of the strategy, there should be somebody in the driving seat who is an expert. There are enough good people available you just need to reach out.
Start to think in Processes for Finance 2.0 and not in Channels
|Finance 2.0 : Think in Processes|
Decide on Finance 2.0 Channels or on tools and then assign them to an according business field is like putting the cart before the horse. This approach generates little efficiency and quality improvement and certainly no leverage. Define which process has priority and then decide step by step what activity is needed for improvement and based on this decide which tool you want to use. Offline and online activities need to go hand in hand.
Get Head of Compliance to have a Twitter Account as well
|Head of Compliance at Swiss Banks has to have a Twitter Account as well|
Train your Employees on Social Media and let them use these media
|Swiss Banking Employees should be well trained on Social Media and be allowed to use them|
Be a Finance 2.0 Innovator and not a Follower
|Be a Finance 2.0 Innovator and Leader|