Date & Time
Wednesday, June 5, 2024, 5:00 PM - 5:30 PM
Location Name
Seminar 2
Name
Changing the Organization from Within: Our Transformation's Impact on the Market and Our Group
Description

Raiffeisen Bank International, a group financial institution with around 44,000 employees headquartered in Austria, started its journey to becoming an Adaptive Organization in 2017. In large organizations, change often originates from the headquarters, sometimes leading to epic failures when the head office vision encounters local market needs and flavors. How does it differ when the change occurs in the 'laboratories' of a network bank, in a galaxy far-far-away? Join us to witness this journey through the eyes of a C-Level Executive and a Transformation Coach. We'll unveil the transformation of Corporate and Risk at Raiffeisen Bank Albania into cross-functional agile teams—an unicorn in our group and generally in financial institutions. When it comes to Business Agility, most agile transformations fail to deliver on outcomes. So, what were the ingredients that made us succeed? And how did our change start to proliferate across the group? Simultaneously, terms like P&L Product Owner and adaptive organization were exotic to the local regulator and competition. Therefore, market education became an intrinsic part of our journey. Now, local banks and other institutions, even local governmental ones, use our way of working as inspiration for their change.

Ionut Sontea
Track
Leadership and Culture
Keywords
leading change, organic grow transformation, business agility, market impact, group transformation