Reimagine the Employee Experience Platform in Financial Industry

Across many industries, human resources departments are under great pressure as executives want to grow the business, while at the same time reduce costs.

Within the financial services industry, these challenges are particularly acute due to rapid changes, regulatory hurdles, and the volume and complexity of both employees and cases. All of this is compounded by today’s workforce demanding consumer‑grade service experiences.

Reimagine the Employee Experience Platform in Financial Industry. Source: ServiceNow
Reimagine the Employee Experience Platform in Financial Industry. Source: ServiceNow

In this article, you’ll read about key trends and the strategies to combat:

  • Repetitive HR tasks
  • Manual, complex, and inefficient onboarding and employee transitions
  • Complex HR inquiries and requests
  • Service delivery across departments and regions

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Keeping Workplace Competition Productive and Healthy by Developing the Balance

A bit of friendly workplace competition can energize an office and boost performance levels. But when office rivalries start mimicking the intensity of a heavyweight prizefight, managers need to take action before their business suffers casualties.

Keeping Workplace Competition Productive and Healthy by Developing the Balance. Source: Shutterstock
Keeping Workplace Competition Productive and Healthy by Developing the Balance. Source: Shutterstock

“The word ‘competition’ can be construed in a variety of ways—and it’s really how it’s interpreted that determines whether ‘competition’ is constructive or detrimental at work,” says Katherine Shao, executive creative director at Oxygen. “Ultimately, competition in the workplace can be incredibly motivating and great for productivity—as long as people can grow and develop without fear, and work within established boundaries that give individuals the responsibility to uphold a collective set of values.”

Here’s a look at competition from both angles and how managers can help ensure fair play.
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4 Daily Habits To Improve Your Communication Skill

We live in an amazingly connected world, which is why it is so weird and shocking that communication skills are slowly breaking down, generation by generation. It seems that every extra minute a day you spend communicating remotely and casually on social media represents a decline in your ability to communicate concisely and professionally in person.

4 Daily Habits To Improve Your Communication Skill. Source: Shutterstock
4 Daily Habits To Improve Your Communication Skill. Source: Shutterstock

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5 HR Function Realities about Advanced Technologies and Future Workplace

You have probably heard the phrases “fourth industrial revolution” and the “future of work.” Both refer to coming changes in the way people live and perform their jobs.

5 HR Function Realities about Advanced Technologies and Future Workplace. Source: Shutterstock
5 HR Function Realities about Advanced Technologies and Future Workplace. Source: Shutterstock

Here are five things you should know about advanced technologies and the workplace. All have potentially significant effects on HR functions and the work HR professionals do.
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Against the Odds: Startups that Make It by Derek Lidow

It is one of our saddest economic statistics: More than half small businesses fail within a few years of startup.

Unlike the cheery pictures presented in advertising or the success stories showcased on Shark Tank, a significant percentage of fledgling enterprises sputter and eventually die. Only 1 in 43 has any employees after 10 years. These startups don’t create much economic value. The vast majority don’t even earn as much for their founders as those people could have earned working for someone else. Dreams die, jobs are lost, and communities lose their vitality.

Entrepreneurs should stop thinking so much about the idea behind the business and focus instead on how to lead it. Source: Derek Lidow
Entrepreneurs should stop thinking so much about the idea behind the business and focus instead on how to lead it. Source: Derek Lidow

It does not have to be this way. In fact, if we want a robust economy with job growth, we must do something about it. I think that the solution is deceptively simple: entrepreneurs should stop thinking so much about the idea behind the business and focus instead on how to lead it.

Simple, however, doesn’t make it easy.
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