Fusing Purpose with Business Growth w/ Rupy Malizia | HSBC Innovation Banking The BAE HQ Podcast

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Episode 121: In LAB #22, Amardeep Parmar (https://www.linkedin.com/in/amardeepsparmar) from The BAE HQ https://www.linkedin.com/company/the-bae-hq), welcomes Rupy Malizia, Chief Strategic Transformation and Change Office at HSBC Innovation Banking. 
The episode features a conversation on the importance of maintaining a company's purpose while scaling. Rupy Malizia, shares her insights on the necessity of having a clear purpose to drive passion and overcome challenges in business. She emphasises the significance of assembling a team with complementary skills, aligned with the company's purpose, especially during crises.
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From the first time founders to the funds that back them, innovation needs different. HSBC Innovation Banking is proud to accelerate growth for tech and life science businesses, creating meaningful connections and opening up a world of opportunity for entrepreneurs and investors alike. Discover more at https://www.hsbcinnovationbanking.com/
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Show Notes: 


00:00 - Intro
01:26 - Discusses starting with purpose versus product, the necessity of purpose for passion and challenges in business, and the idea of finding purpose early or aligning it with an existing product.
02:26 - Touches on the struggle between maintaining purity of purpose and scaling the business, including the importance of hiring the right early team members.
02:50 - Advises against hiring friends or family blindly, emphasising the need for a team with complementary skills and experience to scale the business effectively.
04:00 - Discusses the importance of aligning team members with the company's purpose, especially during crises, and the significance of choosing the right people who are committed and capable.
06:01 - Advises on managing investments wisely and preparing for crises by having a team aligned with the company's purpose to avoid setbacks during challenging times.
07:57 - Questions how to ensure a company's mission aligns with the market and customer interests, with advocacy for market testing and feedback.
09:22 - Emphasises the importance of being open to advice and having a team with diverse skills to support the company's growth and navigate challenges.
11:08 - Shares insights from experience at HSBC and the similarities in challenges faced by businesses of different scales, highlighting the universal nature of business acumen.
12:41 - Discusses the role as a change agent at HSBC Innovation Banking, focusing on growth, scale, and helping others through change.
14:04 - Continues with discussions on the evolution of HSBC Innovation Banking, the role of technology and talent in scaling, the importance of supporting underrepresented founders, and personal reflections on the partnership with The BAE HQ and future goals for HSBC Innovation Banking.
18:25 - Discusses the ongoing changes and exciting developments at HSBC Innovation Banking, focusing on the support for the innovation sector and expansion plans.
20:11 - Expresses excitement about personal involvement in the innovation ecosystem, the scale-up of the organisation, and the opportunities to leverage HSBC's products and&