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.
FUTURE IS PRESENT
هذه القصة مأخوذة من طبعة April 2021 من Banking Frontiers.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April 2021 من Banking Frontiers.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Key Russian central bank official leaves
The First Deputy Governor of Bank of Russia Olga Skorobogatova is leaving the central bank in early December.
Better prospects for Swiss banking in 2024, says new study
The year could see revitalization of the banking to some extent, finds the study by Swiss Bankers Association:
Ease of use, personalization & consistent engagement promotes digital loyalty
Murari Lal, Head - Digital Initiatives, Shivalik Small Finance Bank, delves into platforms, loyalty and Al:
From Feet on Street to Fingers on Screen
Nippon India Mutual Fund is driving into newer customer segments by leveraging voice and vernacular as the drivers, reveals the company's Chief Digital Officer Arpanarghya Saha:
Digitization embraces the senior citizens
Among other projects, Shriram Capital completely transformed the 2-wheeler loan origination system, reveals the company's Chief Digital Officer Ajay Thomas:
Making of the most connected bank in Bangladesh
A stream of digital initiatives is transforming Mutual Trust Bank and its customer engagement, reveals Khalid Hossin, who heads the bank's digital banking division:
Digital embraces Archaeological Tourism
Chief Digital Officers are leading tremendous transformation initiatives. Five CDOs reveal their fascinating journey and their ambitious goals:
Tech will bridge Advisory and Education
Venkatesh Naidu, CEO, Bajaj Capital Insurance Broking:
AI bridges Protection and Prevention
Gyanendra Singh, Chief Technology Officer, Aviva India:
Bridging Products & Distribution for Rural Markets
Vikas Mittal, Deputy CEO, and Amit Thapliyal, Chief Technology Officer, Magma HDI General Insurance: