Psychometric assessment has restraints embracing cultural bias, failure to fully seize an entity's capabilities, impact of assessment-taking expertise and apprehension, and potential for misunderstanding or harm of conclusions.
Human Resources Management
The common competencies approach has many strengths. The competencies and HR systems based on them apply to a large no. of employees. There should be one consistent framework of concepts describing effective behaviours.
By adopting these HRM practices, FinTech companies can improve their customer retention by creating a positive and productive workforce experience, where employees are engaged, motivated, and satisfied, and deliver value to customers.
No one is thinking about the entire organisation except the HR function. While credibility starts with functional excellence, CHROs' impact and influence extends across the entire enterprise and beyond the organisation to truly drive transformation.
How can HR sensitize all line managers to look at every team interaction as an opportunity to create positive employee experience is the key.
Senior leaders should prioritize creating inclusive work environment - where employees are able to participate in making decisions that directly impact(s) their work and their sense of ownership.
HR can Leverage e-learning platforms and other digital resources to provide flexible learning opportunities. Continuous learning, adaptability, and a commitment to innovation are essential for HR to play a strategic role in shaping the future of work.
The intersection between individual and organisational expectations is where happiness lies. The greater the area of the intersection, the greater is the space for satisfaction and happiness.
HR needs to champion far more the building of a 'Safe and Secure Working Environment'.
An organisation cannot be successful if its strategy is architected in isolation from its people. Having a culture of transparency and ensuring representation of each cohort can completely transform the business.