Banks’ serious attention to the two categories of “innovation” and “resilience to changes”
According to the financial news report, quoted by the public relations of the Agricultural Bank, quoted by the Fars news agency, the CEO of the Agricultural Bank at the opening ceremony of the transaction exhibition and at the specialized meeting “Resilience and innovation in the financial and banking industry ecosystem” announced this and added: the speed of changes In the field of banking and the needs and demands of customers, banks must plan and move in line with these changes.
The CEO of the Bank of Agriculture, emphasizing the necessity of providing innovative products of the banks with the aim of retaining customers and increasing the market share, stated that: simultaneously with the innovative measures, the banks should consider the risk management necessary to respond quickly to the risks in this process and Otherwise, while facing serious risks, they will leave the lead to other competitors.
He considered the basic feature of “innovation” in agile organizations to be “structured and systematic” and added: “In large organizations and bureaucracies, there is an organizational resistance to innovation, but to reduce and eliminate it at the same time as strengthening the resilience of the organization, Create logical and operational solutions.
Farrukhnejad pointed to the experience of the Bank of Agriculture in promoting the culture of innovation and encouraging the bank’s employees to present new ideas and create full preparation for turning superior ideas into products and said: the most important strategy to speed up transformation and innovation is to strengthen the structures at the same time. The bank is parallel to these changes.
He added: Training, evaluation of development measures, close communication with start-ups in the field of fintech and other information technology platforms are other things that should be considered in this direction.
Emphasizing on activating creative minds as valuable capacities of the organization in order to present innovative ideas, the CEO of Bank of Agriculture noted: This process will be effective when, in addition to managing the risks in this field, there is interaction between innovation and resilience of the organization. The manufacturer has been created and there is a continuous movement in the direction of adapting as much as possible to the needs of customers.