This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A post-mortem was conducted that pointed to a lack of organizational alignment, internal politics, and a lack of technical competence that hindered its ability to transform. These transformations typically involve a profound change in how a business operates, encompassing people, process, and technology.
Jenn’s not just a finance person or a risk and compliance professional, she’s my business partner. McKinsey’s survey arrived at a similar conclusion, finding that the CFO is uniquely positioned to advise the CEO on the longer-term implications of critical business issues like ESG and digitaltransformation.
Moreover, your employees are central to the success of your digitaltransformation. Through digital change management, you can ensure your employees have the skills, knowledge, and tools they need to contribute effectively. Digital change management is an invaluable tool in your business arsenal.
After all, courses for onboarding, compliance training, or safety training simply give staff the tools they need to do their jobs. By contrast, training to become a leader in compliance could be “upskilling”. Methods-wise, informal learning may be one of the greatest assets here. Who’s it for?
It encompasses various types of training programs, from leadership and soft skills training to technical and compliance training. Digitaltransformation has a lot to do with this. Because businesses aren’t investing enough in digital-first initiatives, they are seeing their bottom line suffer as a result.
banks are going to survive the coming wave in financial technology (fintech), they’ll need to finally take digitaltransformation seriously. .” That hasn’t happened yet, but our research suggests the threat to retail banks from online lending is very real. In the U.S.,
Blockchain is a cryptographically secure, shared data layer that enterprises can use to digitally track the ownership of assets across trust boundaries, opening up new opportunities for cross-organizational collaboration and imaginative new business models. Empowering Digital Societies. Is blockchain appropriate?
Payroll compliance. Fixed asset management. However, the efficiency and cost savings from a digital, automated, and seamless process are well worth the planning. Embrace a complete digitaltransformation for your business. HR is probably one of the most important operations to digitize after accounting.
Digitaltransformation and AI The rise of automation, artificial intelligence, and advanced analytics is redefining the nature of work. Boards and shareholders: Boards and shareholders increasingly see the workforce as a critical business asset.
However, without a clear, strategic path forward, organizations risk navigating blindly and losing their greatest asset: their people. Employee management is reactive, with limited consideration for compliance or long-term planning, and there is a heavy reliance on intuition rather than data or established practices.
We organize all of the trending information in your field so you don't have to. Join 29,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content