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- W2610440070 abstract "Emerging macro-trends in global financial landscape have forced the bankers to deal with many irresistible challenges. In this article, as a prelude, the author has elaborated on those trends and challenges with reference to findings of Pricewaterhouse Coopers (PwC, 2014) on the outlook of the banking industry in the next 5-year period. It is also inferred that innovativeness will be an indispensable competency that the bankers have to develop individually and collectively, in order to face the future challenges successfully. Many scholars posit that innovativeness and entrepreneurship are two inherently linked concepts, thus people with entrepreneurial orientation are supposed to be the forerunners of innovative activities in any organisation. Hence the author has expounded few principles of entrepreneurship to illustrate how to foster innovativeness in banks. Although the bank employees are not at liberty to perform as entrepreneurs, there is no barrier for them to think as entrepreneurs. In order to identify such entrepreneur-minded employees in a bank, the author has selected the Five Factor Model (FFM) developed by behavioural scientists few years ago. According to this model, people who are rich in three out of five personality dimensions namely, openness to experience, conscientiousness and extroversion, along with little or no inclination towards the remaining two dimensions namely, agreeableness and neuroticism, are believed to be rich in entrepreneur-mindedness. The author further throws light on possible steps to inculcate entrepreneur-mindedness among all employees of a bank in order to make innovativeness a core value." @default.
- W2610440070 created "2017-05-12" @default.
- W2610440070 creator A5036964276 @default.
- W2610440070 date "2015-01-01" @default.
- W2610440070 modified "2023-09-27" @default.
- W2610440070 title "BECOMING AN INNOVATIVE BANKER - A PARADIGM SHIFT FROM EMPLOYEE- MINDEDNESS TO ENTREPRENEUR- MINDEDNESS" @default.
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