Collaborative Leadership in Financial Services

Most global organizations today are highly complex, involving multiple parties, offshore operations, and matrix management structures. To be effective in this context people in leadership roles need to collaborate rather than operate as lone beacons. They need to share knowledge rather than just create it, and to work with others to achieve common goals. One of their challenges is that modern organizational structures create silos with competing goals and allegiances. Today's leader needs to be equipped with the tools and skills to rise above these barriers and find an effective way to collaborate with others. This is particularly so in major financial institutions, such as investment banks, and in particular within the technology function. Here there is a constant tension between various parties, both internal and external. CIOs, Chief Technology Officers, and Business Technologists have to collaborate with regulators, Front Office traders, offshore partners, institutional investors, client relationship managers and multiple lines of business. Collaborative Leadership in Financial Services is a practical guide on how to lead in a collaborative way, and focuses on technologists within investment banking and capital markets. However, it is not aimed exclusively at people who hold the very top positions in these organizations. It is also targeted at those who hold less grand titles but who are nevertheless responsible for the smooth running of a technology operation, and who need to collaborate with a wide range of stakeholders to achieve this. The benefit of this book for readers is an improvement in their leadership capability through more effective collaboration.