Do transformations really fail?
SEV Center of Excellence in Creative Leadership invites you to the first hybrid “Lead Creatively: Discussion Series” session for 2022. The event will be held on March 2, 2022, between 14:00-15:30.
The topic at hand is “Do transformations really fail?”, and will be explored in a stimulating presentation by Mr. Antreas Athanassopoulos, Deputy CEO Eurobank S.A.| Group Chief Transformation Officer, Digital & Retail. An equally thought-provoking conversation will follow between the speaker and the Center’s Director,Associate Professor Dr. Nikos Mylonopoulos.
The event will be broadcasted via Livestream from The American College of Greece. Participants will be able to address their comments & questions to the panelists.
Description:
Business transformation may be necessary when competition and technology undergo drastic changes, however the statistics are relentless: transformations, in their majority, do not live up to the initial expectations. Business transformation is a long-term effort to realign the strategy and operating model with the new conditions in the external environment. It affects the capital structure, organizational structure, business processes, human resources, information systems, and the culture itself.
For over 15 years, the banking industry, retail banking in particular, has been in the frontline of great disruptions: the banking crisis, consecutive regulatory interventions (capital adequacy, KYC, PSD-2), competition from fintechs and neobanks. As a result, incumbent banks are in a continuous and expensive race of transformation which accumulates operational complexity (this is especially true of systemic banks).
The obstacles and success factors of business transformation have been documented in the relevant literature for quite some time, nevertheless, given the gap between theory and practice, the challenge for creative leadership is to sustain the pace of change while securing both short-term performance and longer-term competitiveness.
The event will be held in the Greek language with simultaneous translation into English.
Attendance upon registration. To sign in, follow the link here
