3 mindset shifts your bank needs for a successful digital transformation

In a previous article, we discussed how a whopping 78% of enterprises fail on their digital transformation initiatives and that banks experience specific issues like legacy processes, tightly coupled technical systems, failure of innovation labs, lack of proper incentives for being risk-savvy, and underestimation of the scope of change. There’s so much information out there about creating the right strategies and processes to tackle digital transformation, but what’s often overlooked is the mindset shift that needs to occur to actually make real change happen. The ‘why’ behind all the time, effort, and resources you’ll put towards this needs to be…

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