In this episode, we interviewed Raphael Schoettler, he leads the Intrapreneur Initiative at the Deutsche Bank in Frankfurt.
The Intrapreneur Initiative was created in 2018 and a few businesses came out of this program – but probably the most important outcome has been a revival of the bank's culture after a decade and a half of major crises. From the housing bubble to the libor manipulation scandal and several billions of euros in fines and settlements, Deutsche Bank has faced rock bottom, both from a performance and an image perspective. As the current CEO Christian Sewing led a turnaround that now starts showing its first positive results, the bank also invested internally and empowered employees to work more like entrepreneurs. In this conversation with Raphael you will learn:
- how the Intrapreneur Initiative works and its main results so far
- its impact in employee moral
-the main challenges of transforming a 150-year old organisation
-the difficulties of trying to work like a startup in a corporation
* The innovation agency Making the New actively contributed to the design, execution and international expansion of the Intrapreneur Initiative.