The ECB's key rate cut in July 2019 has had a dramatic and direct impact on the business model of almost all traditional banks. In particular, the clear signals from the European Central Bank that the low-interest policy will not change over many years underscore the urgency of taking this issue seriously.
In such difficult times, banks also struggle with the fact that both employees and customers expect more and more flexibility, dynamism and individuality. With regard to current and future employees, this means that a strong employer brand will be of existential importance. For some years now it has been noticeable that the people you so urgently need in your workforce are no longer standing in line. An intelligent and credible employer branding is more important than ever and will demand considerable efforts from the banks.
Promising new ways can be found in the "New Work" method kit. Magic words such as agility, self-organisation, sense orientation, resilience, culture of responsibility, etc. promise a way out of the jungle of complexity and ambiguity, but here too many banks are breaking new ground. Is now the right time to practice new methods?
Read the complete article on novum online, the IT Management Magazine of noventum consulting
In such difficult times, banks also struggle with the fact that both employees and customers expect more and more flexibility, dynamism and individuality. With regard to current and future employees, this means that a strong employer brand will be of existential importance. For some years now it has been noticeable that the people you so urgently need in your workforce are no longer standing in line. An intelligent and credible employer branding is more important than ever and will demand considerable efforts from the banks.
Promising new ways can be found in the "New Work" method kit. Magic words such as agility, self-organisation, sense orientation, resilience, culture of responsibility, etc. promise a way out of the jungle of complexity and ambiguity, but here too many banks are breaking new ground. Is now the right time to practice new methods?
Read the complete article on novum online, the IT Management Magazine of noventum consulting
