Voice of FinTech®

In this live virtual event as part of Voice of FinTech: Live Speaker Series, we spoke to INSEAD Professor of Strategy and Organizational Design, Phanish Puranam, about his work on how to leverage data and AI when thinking about changing your organizational design. Is there a smarter way of planning and executing organization design changes? If you missed it, here is the recording from the event.

Show Notes

The pace of disruption has been accelerating in the last few years, and in 2020, even more so! Often, organizations realize their organizational design is unsuitable for the business challenges ahead. How do they plan and implement organizational changes? Is there a better, more scientific way of doing it than the current industry practices? This is relevant for banks, FinTechs, and, frankly, any industry. How can AI help?
This is what we talked about in this edition of Voice of FinTech: Live Speaker Series with INSEAD Professor Phanish Puranam.

Check out his free e-book Phanish co-wrote with Julien Clément, Assistant Professor of Organisational Behaviour at the Stanford Graduate School of Business, called Organizational Analytics and related blog post in INSEAD Knowledge

We also have a homework kind of question from Prof. Puranam to the audience and listeners. Feel free to respond directly to him via LinkedIn here.  This year, we have witnessed these trends related to organizational design: First, we all learned we can do lot more work remotely. Consequently, we know have an enormous amount of data from all online meetings and communication gathered in the past 10 months as they happened online.

So if lot of managerial work will be taken away by using data driven algorithms, are we bound to see flattening and reduction of hierarchies? Note: delayering doesn't necessarily mean more autonomy.

What is Voice of FinTech®?

Aiming to inspire entrepreneurs around the world to launch their new ventures. Connect FinTech enthusiasts with start-ups, incubators, accelerators, investors and incumbents.