We tend to think of corporations and startups as being on opposite ends of the same continuum. That corporations are the more evolved form of startups, and they are what every startup hopes to eventually become.
And while this is true to some extent, it doesn’t mean the relationship is one-way. Just like startups can learn lots from corporations, they also can teach corporations how to think in new ways and embrace new possibilities.
Company culture is one of these areas where startups can offer some real insight to corporations. Most business leaders agree that a strong and appropriate company culture is a real competitive edge, but organizational change is a daunting task that sometimes seems too great to undertake.
If you’re skeptical that startups can teach business leaders about company culture, then consider the following.
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Is your startup going to be the next big thing in fintech? Do you have the AI, blockchain or cryptocurrency solution of the future? Or other innovation that is going to change how we do banking? And most importantly, do you want to collaborate with top banks from all over the world?
We are looking for the top fintech startups to work with top banks with over 100 million customers.
Make us love you and will make the banks love you more
Convince us you are what banks need, and you will be part of the selected top startups we Read more »
This is a guest post from one of our mentors, Petri Ekman. Petri is an experienced executive with a broad and in-depth experience in financing, financial and insurance products and risk management strategies for corporate clients. Petri’s current role is the founder and owner of Elevon Consulting Oy. There he focuses on advising companies in carrying out change programmes and setting up financing solutions.
In part one, I discussed the external factors forcing change upon the insurance industry. There is an obvious question that arises after. What is holding back insurance companies from changing their ways? Especially taking into account all of these looming threats on their horizon?
Again, I see a number of factors, many of which are universal, not insurance industry specific. Here is my list:
1. Non-life insurance is profitable
The non-life business is profitable today. That is because companies in a difficult investment environment have systematically cut their operating costs. And thus made their primary insurance business much Read more »
Startups: when you apply to any of our accelerators or BankAccess programs, you’ll be exposed to all of our bank partners operating in 20+ countries in addition to TEB.
Türk Ekonomi Bankası (TEB) is a reputable institution in the Turkish banking sector operating with its more than 500 branches and about 10,000 employees throughout the country. Since its establishment in 1927, with its expanded network of branches and a diversified range of products and services, TEB has pursued operating in various fields of the banking sector.
In 2005, BNP Paribas, one of the strongest banks in the world Read more »