The third edition of the ‘State of HR Transformation Study 2020’ done by Alight Solutions has found that organizations with a combination of HR operating model and complementing HR technology strategy are confident in their ability to adapt.
The study has defined 4 archetypes for evaluation purposes - Ad-hoc, which are organizations with limited/ no clarity on HR operating model, Defined, which are organizations that have either their HR operating model or HR technology strategy defined and established, Mature that are organizations that have their HR operating model complemented by HR technology strategy that have not realized the full value of their initiatives and Outliers, which are organizations that are a subset of Mature archetypes who are highly satisfied with their technology deployments that complement the HR operating model.
The study found that Mature archetypes (organizations which have clarity on HR operating model and HR technology) are almost 2 times more confident in their ability to adapt and 2.5 times more productive. Outlier archetypes have been found to be nearly 4 times more confident in their ability to adapt. “Outliers excel on all adaptability anchors, but notably break the trend by excelling the most on navigating to the future that is closely linked to the governance practices in HR,” says the study.
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Denne historien er fra April 2021-utgaven av Banking Frontiers.
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Swedbank leverages data to the hilt
Sweden's Swedbank takes innovation to a different level by collaborating with other competing banks:
Digitization is for customer satisfaction, says Argenta Bank
Belgium's Argenta Bank has designed its digitization efforts to enhance customer experience:
Speed, Safety, Compliance
Brijesh Samantaray, Co-founder, Propelld shares the current trends in the education loans how the company is leveraging technology:
Unique methods in fraud perpetration
When we look at some of the very serious frauds that had taken place in the financial realm, it is evident that the perpetrators are somewhat ingenious:
NBFCs: Elevating Organizational IQ
What is more important than hiring smart people is raising organizational IQ. This topic was discussed in depth in a panel discussion at NBFC's Tomorrow conclave organized by Banking Frontiers. Edited excerpts:
Trustful Transformation
Transformation is no longer only about growth & efficiency. It involves aspects like compliance, security and explainability that are impacting NBFCs. These issues are explored in this panel at NBFC's Tomorrow:
CEO Panel: Connecting Traditional Wisdom with Modern Intelligence
Banking Frontiers organized its annual NBFC Conclave titled NBFC's Tomorrow in August 2024 at Mumbai. Highlights of the first panel discussion:
NBFCs EXPERIENTIAL EVOLUTION, TRUSTWORTHY TRANSFORMATION
Banking Frontiers organized NBFC's Tomorrow, its annual NBFC Conclave, in Mumbai on August 21. The program comprised panel discussions on 5 upcoming opportunities for the NBFC sector, along with presentations, fireside chats and a keynote address. Edited excerpts from the conclave:
Smart ATMs - an indication of a resurgence
Smart ATMs can be the future way of how one may be interacting with a bank and doing transactions:
Personalization scores with HNWI & YP
Ghulam Haidar Rasooli, Chief Financial Officer at Afghanistan based Ghazanfar Bank, reveals the impact of personalization and future roadmap:
