In addition to being the top-ranked challenge of CEOs globally, Human Capital is closely linked to the next three top challenges – Customer Relationships, Innovation, and Operational Excellence – in that a talented, engaged, and properly motivated workforce is critical to success.
The strategies CEOs are using to meet the human capital challenge center on greater leadership effectiveness, building a performance culture through measurement and accountability, providing workforce training, and raising employee engagement.
The trend is toward a „grow-your-own strategy“.
CEOs in Europe – the STRIM domestic market – see succession planning and rewarding entrepreneurship as keys to success.
The focus currently lies on three product service packages:
- HR controlling (incl. personnel administration and reporting) & workforce analytics,
- strategic workforce planning, and
- talent management.
Dr. Volker Mayer
Gütschstrasse 22, Switzerland-8122 Binz
Tel.: +41 43 366 05 58
Morgenröte 8a, Germany-68305 Mannheim
Tel.: +49 621 7481 742, Fax: +49 621 7481 741
E-Mail: volker.mayer@strimgroup.org
Eiopa guidelines for dealing with AI
Following BaFin's policy paper, the European insurance supervisory authority Eiopa has also published guidelines for dealing with artificial intelligence (AI). AI applications help to process customer inquiries and claims more quickly. But insurers must ensure [...]
The 5 steps for implementing digital business models
About a year ago the BMI Lab posted a very interesting blog post. We would like to reproduce this in excerpts below. A business model consists of four dimensions: (WHO) is the target customer and [...]