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December 16, 2025 18 mins

“Culture eats strategy for breakfast” is the motto Nigel Morris lives by, and in this episode of the Power of Change, he explains why. Whether you’re implementing AI technologies or hiring the next generation of top talent, your culture ultimately determines how effective any innovation will be. Nigel Morris, Co-Founder and Managing Partner of QED Investors and former board member of AvidXchange, joins Michael Praeger to discuss  how organizations can stay entrepreneurial, make smarter decisions with data, and build teams that push the business forward.

 QED Investors is a fintech venture capital platform focused on high-growth financial services companies. Previously, Nigel co-founded Capital One Financial Services in 1994, where he served as President and Chief Operating Officer for a decade.

Key takeaways from this episode include:

  • Leverage new technologies like AI and make data-driven decisions to help elevate the customer experience.

  • Nigel stresses the importance of hiring top talent, the “best and brightest” of both young professionals and established leaders to fuel innovation.

  • Build a culture defined by curiosity, purpose, and momentum. Those traits create the conditions where breakthroughs can happen.

“The Power of Change” is an AvidXchange podcast hosted by Michael Praeger, co-founder and CEO of AvidXchange. On this show, business leaders discuss their approach to change management and offer C-suite perspectives on ushering change during good and bad times.

Connect with Michael + AvidXchange:

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