May 18, 2021
Temptation usually comes in through a door that has been deliberately left open ~ anonymous
Having just returned from a 2-week family vacation, I am reminded about the importance of a life outside of the workplace, and how relaxation of the mind is a self-perpetuating energy source. During my tenure as the co-founder of Cash Flow Solutions, a 23-year consumer payments company, our employees understood that their families and well-being were a priority. It was a well-received message that contributed to a robust team chemistry and unmatched loyalty while paying huge dividends in the long run. As our payments company morphed into RIBBIT.ai, a data analytics company, the same philosophy holds true.
Effective sports and business teams have a common element called camaraderie or chemistry that drives them to individually succeed for their teammates. The synonyms for the word camaraderie are friendship, harmony, companionship, and solidarity. It’s unselfish, it’s putting the goals of the team ahead of individual ones, despite the obstacles, often resulting in unexpected achievements. We see it all the time in professional sports, the low-budgeted team, despite the enormous odds, unexpectantly wins the championship, while the team with all the franchise players loses again, another year in defeat. The mythical franchise player is chemistry, a unified belief that together anything is possible.
Granted, most top-notch sports teams are riddled with positive chemistry, but longevity takes a confident and passionate coach with a systematic game plan, unified purpose, willingness to make tough decisions, commitment to everyday fundamentals, and an eagle eye on the end goal. Championship teams don’t just happen, they are created by visionaries who see and understand their place in the future, and who adhere to a game plan that will take them there. Building an accomplished professional team at the workplace requires the same components for success.
As business leaders, we must role-model the behavior we wish to cultivate. It’s the ol’ reap what we sow cliché. Ongoing employee drama on any level is destructive and the longer it simmers, the more lethal it becomes. Additionally, make workplace expectations crystal clear by creating a transparent set of guidelines for acceptable employee behavior and stick to their adherence through open, respectful, resolution-based communication.
The unified team at RIBBIT.ai is committed to expanding the company’s reputation and industry imprint through a principled business model that respects employees and protects clients along with their valuable customers. The formula for success seems simple, yet temptations arise in the name of profitability, so foundational principles need to be fortified: influence every decision, commit to compliance at every level, and protect the business model at all costs.
The challenge of any business is to develop a support team that shares in the passion of the leader’s dreams. The MVP at RIBBIT.ai will always be our teammates.
Stay tuned . . .
“We’re all part of an interconnected system and once we see that, our responsibility becomes very clear. We have to help those in need today, AND ensure the world emerges a stronger, more resilient place—because doing the right things for society will lead to the right outcomes for business.”
~Ajay Banga Executive Chairman, Mastercard
Relying on money in our pockets to buy food, pay rent, purchase gas, and support daily living would be a dangerous game, but that’s how the unbanked lives. . . . not a good scenario for financial success.
You can’t always get what you want, But if you try sometimes you just might find, You get what you need ~ Rolling Stones
As a kid, I loved the Magic 8 Ball and believed, if you held it just the right way, it had all the answers. As adults, we have all stewed over a purchase wondering whether we should buy it, can we afford it, and what are the consequences of nonpayment? Often, the wrong answer to these practical questions can put individuals into debt, plummet their credit ratings, and impact all future financial opportunities.
Enova Decisions Partners With RIBBIT.ai to Empower Lenders with Smarter Faster Financial Decisioning
PRNewswire — June 16, 2021 | Enova Decisions, an analytics and decision management company, and RIBBIT.ai, a provider of open banking behavioral data analytics, today announced a strategic partnership that makes it possible for the delivery of RIBBIT.ai bank insights to clients using the Enova Decisions platform.