LEAP HR FINANCIAL SERVICES

COLLABORATIONThe HR model is evolving to a CEO - CHRO -CFO relationship making collective decisionstogether.

CHANGEThe 3 factors driving change in the FinancialServices Industry are: Regulation, TechnicalTransformation & Customer focus.In order to compete in a fast-evolving environment, banks andinstitutions from the Financial Services Industry need to considerchanging their processes, culture and systems.

HR Teams focusing more on processes than on strategic outcomesare in danger of having a percentage of their team outsourced.

Greater gains can probably be made by looking deeply at theprocess and its outcomes instead of the systems.

Research from the staffing firm OfficeTeam: One in fouremployees believe performance appraisal process aren't effective.

One of the characteristics of the millennial generation is jobmobility. Large enterprises are discovering that millennialworkforce are changing jobs even when they are engaged.

In order to empower every employee and ensure their voice is heard,companies are taking a “continual feedback” and “consequencemanagement” approach.

ALIGNMENTThe new competitive environment is driving aneed for aligned employee systems andaligned incentive frameworks.

PROCESS MANAGEMENT40% of CEOs say performance managementadds no discernible feedback due to incorrectprocesses currently in place.

JOB MOBILITYLarge enterprises are moving away fromretention and promoting higher turnover toensure they have the best person in the job.

ORGANISATIONWe're moving away from a hierarchicalorganisation by giving every employee a voicein the company,

TO MAKE YOURPEOPLE HAPPY

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