What Is An AI-Powered FinTech Scaleup?
An AI-powered FinTech Scaleup is a FinTech startup where all people in the organisation and the business ecosystem as a whole are enabled or enhanced in an integrated way by artificial intelligence.
Focus is on turning an AI-Powered FinTech Startup into a Lean & Mean AI-Powered FinTech Scaleup with an aligned organizational design as described in the AI-Model Canvas©: including the right culture, the right people & skills, the right core goals & core values, the right structure of the virtual organization, the right systems, the right digital strategy and the right business processes.
These elements are called the 7 levers of change describing your AI-Powered Business Model with the new AI-powered reference model, The AI-Model Canvas©, as you can see here:
Continuous alignment and aligning of these 7 elements in the AI-powered organizational design in the middle, is key to become a succesful AI-Powered Startup. Why? Because as was concluded in the article ‘Building The AI-Powered Organisation. Technology isn’t the biggest challenge. Culture is” by the three authors of McKinsey in 2019 (see here)…. it’s often not the technology, it’s the culture. And that is often the case, especially in large traditional planning & control companies as many corporates are or governmental organizations.
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The good news is that we know how a culture can be changed in the context of a digital tranformation program or change management program: by using a number of the 7 levers in a consistent way. For instance by recruiting and selecting different leaders and managers (‘People & Skills), by implementing a different organisational structure (‘Structure’) and by implementing different rewards systems and other performance management systems and business processes to change the behaviour of people inside the company.
An example is implementing AI-powered hybrid-working and working at home as integral part of an aligned AI-powered organisational design in the right way, as AI-powered structure:
But all of this fails if you do not learn the right AI-skills as a founder of startup-teammember to become a leader in the AI-powered economy:
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If you want to learn how you can found an AI-Powered Startup in an integrated way using the AI-Model Canvas as the basis of a new AI-powered business model, including an AI-Powered Organisational Design as part of the AI-Powered Business Ecosystem, contact us here today.