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From Vaults to Virtual: The Rise of Blockchain in Banking

Tom Spencer

Although initially viewed with skepticism, blockchain is now being embraced for its potential to streamline operations, reduce costs, and enhance security. In October 2020, HSBC launched theContour platform, which uses blockchain to digitize trade finance and reduce friction in international trade transactions.

Banking 88
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How Companies Are Already Using AI

Harvard Business

My own firm released a survey recently of 835 large companies (with an average revenue of $20 billion) that predicts a net job loss of between 4% and 7% in key business functions by the year 2020 due to AI. Yet our research also found that, in the shorter term, these fears may be overblown.

Company 183
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Gig economy 2020: The new revolution

QEmploy

Gig economy 2020 The new revolution. 2020 Gig economy definition: The gig economy represents the total of flexible, consulting or freelance, temporary or full-time jobs, intermediated through an online platform that’s interconnecting people and businesses. Even now, AI is changing the way how the gig economy operates.

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How Leading Companies Build the Workforces They Need to Stay Ahead

Harvard Business

The World Economic Forum predicts that “by 2020, more than a third of the desired core skill sets of most occupations will be comprised of skills that are not yet considered crucial to the job today.” Machine learning, for example, may not eliminate many jobs in their entirety.

Company 160
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What 20 Years as a Remote Organization Has Taught Us About Managing Remote Teams

Harvard Business

More than 80% of our work is done by teams of consultants and staff who operate out of their home offices. In a 2014 survey of business leaders at the Global Leadership Summit, almost 60% of leaders said that more than half of their workforce would be remote by 2020. The advisory firm we work for is one such company.

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How Banks Can Compete Against an Army of Fintech Startups

Harvard Business

However, the current meager market share held by online lenders masks immense potential: Morgan Stanley estimates the total addressable market for online SME lenders is $280 billion and predicts the industry will grow at a 47% annualized rate through 2020.

Banking 137
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The Big Disconnect in Your Talent Strategy and How to Fix It

Harvard Business

This leaves operating managers, the ultimate “consumers” of talent, to choose between two talent acquisitions methods (or “sourcing channels”): Either engage HR to acquire employees or engage Procurement to acquire contingent workers. Greater strategic focus required a new workforce approach.

Talent 70