What do you do if your ideas are being dismissed in a financial services organization?

2 Build Relationships

Building strong relationships within your financial services organization can significantly increase the chances of your ideas being heard. Take the time to network and connect with colleagues across different departments. Engaging with others not only helps you gain allies who may support your proposals but also allows you to understand the broader context in which decisions are made. A well-established rapport can make others more receptive to your ideas and feedback.

3 Refine Ideas

After receiving feedback, take the time to refine your ideas. Analyze the input you've received and look for patterns that might indicate where your proposals could be strengthened. Consider how your idea aligns with the organization's goals, risk tolerance, and regulatory environment. A proposal that is well-researched, addresses potential concerns, and is presented with clear benefits to the organization stands a better chance of being accepted.

4 Understand Timing

Understanding the right timing for presenting ideas in a financial services organization is crucial. The financial industry often operates on cycles, with certain times being more conducive to innovation than others. Be observant of when your organization is most open to new ideas—perhaps after a successful quarter or when launching a new initiative. Timing your proposal to coincide with these periods can improve its reception.

5 Gain Expertise

To ensure your ideas carry weight, continuously work on gaining expertise in your field. Stay updated on industry trends, regulatory changes, and emerging technologies in financial services. By becoming a subject matter expert, you increase your credibility and the value of your contributions. When you present an idea backed by deep knowledge and understanding, it's harder for it to be dismissed outright.

6 Persist Tactfully

Persistence is key in getting your ideas recognized, but it must be balanced with tact. If an idea is rejected, don't give up immediately. Instead, consider if there's a different angle or aspect of the idea that could be more appealing. Presenting your idea again with a fresh approach or additional data can sometimes turn a 'no' into a 'yes'. However, always be respectful of others' time and opinions, and know when to move on to new ideas.