Here's how you can manage power dynamics with your boss in the Financial Technology sector.

Adizes methodology could help. To manage power dynamics with your boss, identify both your and your boss’s dominant PAEI roles. Complement their strengths: if the boss is an Entrepreneur (E), provide detailed Administrator (A) support; Entrepreneur (E) will appreciate innovative ideas and future-oriented discussions, while an Administrator (A) values structure and clear, detailed plans; if a Producer (P), bring Integrator (I) skills to enhance team cohesion. Adapt your communication to match the boss's role, emphasizing mutual dependence and how your skills fill the boss's gaps. Act as an Integrator (I) to facilitate team collaboration, reducing friction, balancing power dynamics and developing a productive partnership.

Understanding rules and responsibilities is vital for the teams to have clarity about their tasks strengthening relationships and increasing productivity, teamwork and mutual collaboration, improving that way job satisfaction. Another relevant aspect is accountability on issues, tasks and other relevant daily activities. Last but not least everyone knows what's expected from them within the department and the team.

Managing power dynamics with your boss in the FinTech sector involves clear communication and mutual respect. Focus on building trust through transparency and reliability. Regularly update your boss on progress and challenges, and seek feedback to show you're open to improvement. Understand your boss's priorities and align your goals accordingly. By demonstrating expertise and proactive problem-solving, you create a collaborative environment. In my experience, this approach fosters a positive, productive relationship and ensures alignment with organizational objectives.

In addition to understanding roles, I actively contribute by bringing a broader perspective to the table. I strive to understand the context in which my boss operates and aim to anticipate the challenges they might face. By proactively identifying potential issues and presenting well-thought-out solutions, we ease their burden and demonstrate my commitment to our shared goals. This approach fosters collaboration, enhances mutual respect, and strengthens our professional relationship, ultimately contributing to our team's success in the FinTech sector.

In my experience, and I have improved my reaction to situations such as this, it’s important to be part of the solution and not the problem. Providing multiple options, with well thought out reasoning for each, is likely to put the boss at ease and enable her/him to work with you to select the best option.

Communication is one of the most relevant aspects for success ! Communication is key in order to have a better engagement reducing that way employee turnover, it increases job satisfaction and productivity. Effective communication build and maintains positive relationships. Productivity improvement through communication techniques helps employees to better understand their roles, which supports the business to achieve defined goals. Last but no least effective communication increases innovation within the organization by sharing ideas exploring new topics, share and express opinions, learning new ideas fostering continuous quality improvement through innovative ideas, processes and technological developments.

Effective communication is essential to managing power dynamics in FinTech. Keep the bosses updated on project progress, anticipate their needs, and welcome feedback. Show empathy and support for their challenges. By fostering clear, open communication, we align ourselves with their goals and prove our value in the fast-paced FinTech industry.

Gaining expertise is pivotal for the business development, through acquisition of knowledge or skills on a specific topic, field or domain, improving a superior performance of the professionals in a particular area, supporting daily activities, continuous improvement and innovation.

By staying current on trends, technologies, and regulations, you position yourself as a knowledgeable resource. This expertise not only enhances your credibility but also fosters trust and respect from your boss. It allows you to contribute strategically, participate in key decision-making processes, and offer valuable insights that shape the company's direction. In a specialized field like FinTech, being seen as an expert empowers you to influence and lead effectively within your team and organization.

Building networks within the fintech space will allow you to cement yourself as a trusted and knowledgeable professional with others. This extends beyond your boss, department or even company, there are many online and in person networking events that can help build your network. You can find many mentors and opportunities to grow and improve your knowledge. This all starts with your network and creating powerful relationships that you can leverage for mutual benefit.

I think, By expanding your influence and gathering diverse perspectives. Connecting with colleagues, attending industry events, and engaging with thought leaders enhances your reputation and provides support for your initiatives. These relationships enable you to demonstrate leadership and effectively navigate the dynamic environment of FinTech.

Showing initiative in FinTech helps manage power dynamics with the boss by highlighting your proactive approach and problem-solving abilities. By tackling challenges and offering innovative solutions, you build credibility and demonstrate independence. This leads to increased trust from your boss and positions you as an essential team member.

It is important to maintain a balance of respect and assertiveness with your boss. Large disruptions are normal within the space and it is important to realize what your role and work is contributing towards. You can showcase your skills and knowledge by knowing when to implement these technological disruptions to your strategy. This balanced approach will help you navigate complex power dynamics withing your department and with your boss. It will also showcase your commitment to your team and overall strategy.

I find that bringing solutions forward with a positive attitude creates a better experience for both boss and subordinate. This approach usually puts both participants at ease and the outcome likely to be favorable.