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Building a Tech Culture That Works: From Strategy to Success

Written by Suzanne Krause | Jul 10, 2024 11:00:00 AM

In the mortgage industry, it’s not just about having the latest technology – it’s about making sure your organization can execute on strategy and move from abstraction to action. Here’s how to ensure your tech culture drives your strategy forward.

Move Your Team from Abstraction to Action

We all know ideas are great, but without action, they’re just dreams. The key is to foster a culture where your team feels empowered to turn those ideas into reality. Encourage open communication, celebrate small wins, and provide the resources needed to move from planning to execution. When your team knows that their ideas can make a real impact, they’ll be more motivated to take initiative.

Hire the Right People: Garbage In, Garbage Out

Your tech culture starts with your people. Hiring the right talent is crucial – if you bring in the wrong people, you’ll end up with subpar results. Look for individuals who are not only technically skilled but also align with your company’s values and vision. A great tech culture is built on a foundation of passionate, innovative, and collaborative people.

Ensure Tech Drives Strategy

Your technology should be the engine that drives your strategy, not the other way around. Make sure your tech investments align with your business goals and help you achieve your strategic objectives. This means staying up-to-date with the latest trends and tools, and being willing to adapt and innovate as needed.

Embrace Innovation Over Perfection

It’s no surprise that many of us are obsessed with eliminating errors. In some fields, like a firework factory, this is essential – a mistake could be catastrophic. But in the tech world, especially within mortgage lending, innovation often trumps efficiency. Don’t be afraid to take calculated risks and learn from your mistakes. Encourage your team to experiment and innovate, even if it means occasionally stumbling along the way.

Building a tech culture that works is all about moving from abstraction to action, hiring the right people, and ensuring your technology drives your strategy. By fostering a culture of innovation and support, you’ll set your team up for success. Remember, it’s not just about avoiding mistakes – it’s about creating an environment where great ideas can thrive. So go ahead, embrace the challenge, and watch your tech culture flourish!