As the graph below shows, soft skills have a tremendous impact on the success of personal career building (Harvard University).
Startups are often founded and managed by people with excellent hard skills. Engineers, designers, and other specialists implementing their visions. Sometimes the lack of soft skills can destroy the dream as the team does not perform as it should.
If the CEO would focus more on soft skills it might have true impact on the way his management team works and thus directly to company performance.
Think about mixing the establishment and the startups to create new business innovations. Take the millennials from the startups and reverse mentor with the established companies and engage into new business development.
OP Financial Group aims to become a diversified services company expanding from current banking, non-life insurance and wealth management to health and wellbeing business.
“Underlying the change in strategy are the dramatic changes in the financing business environment and customer behaviour”, says Reijo Karhinen, President, OP Financial Group.
Why health and wellbeing?
A banker bets on big and growing businesses – and that is exactly what health and wellbeing is. And it is built on strong global megatrends such as population ageing and fast (bad) food effects to health, which enable long term profitable revenue streams.
“In the changing operating environment, only those actors will succeed that are able to reinvent themselves and thereby offer the best possible customer experience irrespective of time, place and service channel”, says Karhinen.
How to reinvent?
“Original Innovation Factory was my biggest invention, not the light bulb”, explained Thomas Edison on his revolutionary Menlo Park open office. Changing the way people work and interact resulted in 400 patents in no time!
How to reinvent OP?
OP Innovation Factory.A start up accelerator inside OP.
Health goes digital – and fast. Near future health tech innovations will disrupt and change the permanent-industry to a set of fast movers. The new pioneers include true transformers like EHO-tex working on smart textiles and set to change the way you walk or breath. Check the pioneers.