Skill-style-support Analytics
Skill: technical, financial management, digital technology, information system, legal, corporate governance;
Style: leadership, shared vision, goal setting, intelligent communication protocol, risk assessment and mitigation;
Support : proactive, preventive and reactive support.
Dr. Shi and Dr. Sarapova are exploring skill-style-support necessary for the innovation of financial security technologies. The workforce involved in innovation are expected to develop different types of skills in banking, financial services, regulatory compliance and digital governance. They should be creative in development of financial security technologies. The diffusion of new technological innovation depends on the skills and capabilities of the human talent. The workforce are expected to develop different types of skills in financial analysis, business analytics, big data analytics, digital technologies (e.g. information and communication technologies, web technology, computer science), system administration and system maintenance. The workforce should develop skills through effective knowledge management programmes. An effective knowledge management system supports creation, storage, sharing and application of knowledge in a transparent, collaborative and innovative way.
The system administrators must have leadership skills in smart thinking, communication, coordination and change management. The diffusion of financial security demands the support of smart leadership style; The style is basically the quality of leadership; great leaders must have passion, motivation, commitment, support, coordination, integration and excellent communication skill. What should be the innovation model for effective diffusion of financial security technologies? Is it possible to adopt K-A-B-C-D-E-T-F model? The diffusion of innovation needs the support of great leadership style. They are expected to have leadership skills in smart thinking, communication, coordination and change management. Top management must tackle the complexity of system implementation by developing a dedicated project team, a right mix of committed resources and talents like technical and business experts.