The Fintech Talent Development,Competency, and Manpower Study

The Fintech Talent Development, Competency, and Manpower Study 75 The 13 Core Competencies for Fintech Professionals 10. Data-Driven Insights The person with data-driven insights draws on the actionable insights from data to guide strategic and operational decisions. To effectively comprehend this, individuals need to be knowledgeable about data availability and data quality that enables analytical capability. Analytical and reasoning capabilities will provide actionable insights to support informed and effective business decisions such as product and services expansion, customer segmentation, user experience design, and risk assessment. Data-driven insights involves understanding methods of capturing and sourcing, and the robustness of data. It also involves understanding when to rely on data-driven insights and how to use these insights in decision-making. This requires individuals to analyze and rationalize data to draw insights. Additionally, this requires an appreciation of analytical and quantitative methods to know when to trust and when to challenge those analytical insights. 11. Execution Excellence Execution excellence is about the ability to turn strategic and operational goals into reality, creating value and yielding sustainable results. Individuals who excel in execution are disciplined and fully accountable in delivering specific outcomes. They are clear about goals, able to translate goals to everyday tangible actions, and execute them through mobilizing resources to produce high quality results. They can anticipate road blocks and devise contingency plans. Execution excellence involves planning and prioritizing activities, putting in place clear measures and tracking mechanisms, and executing through a series of iterations. This also involves taking responsibility to manage budget, timeline, quality, and impacts on the organization. These include aligning communication, accountabilities, resources, capabilities, and internal systems and processes to ensure seamless execution.