Digest #11: March 2023

In today’s rapidly evolving digital landscape, traditional financial institutions must improve their systems to keep up with customers’ demands and remain competitive. Despite the tremendous opportunities, implementing new technology for banks can take time and effort.

In the article, we discuss how the financial industry has been impacted by digital transformation and how companies can adapt to this changing landscape. We explain the key drivers of this transformation including changing customer expectations, increased competition from fintech startups, and the need for greater efficiency and cost savings.

As businesses continue to adapt to remote work, hybrid teams have become increasingly common. This challenges team leaders who must ensure everyone is on the same page, and working towards the same goals. Asynchronous communication between the team and the stakeholders needs to be improved to understand who does what.

This article explores how to ensure transparency in hybrid teams. The author, our CSO Oleg Puzanov, provides practical tips for team leaders, such as establishing clear communication channels, setting expectations for remote workers, and utilizing collaboration tools.

Oleg emphasizes the importance of trust and communication in hybrid teams while suggesting ways to build trust and facilitate action. The article also highlights the benefits of transparency, including increased productivity, improved collaboration, and better decision-making.

Are you looking for a way to measure the skills of your workforce, identify areas for improvement, and make more informed decisions about training and development? A skill matrix is a useful tool that can help you do this.

In this article, we explore a skill matrix, its benefits for employees, managers, and organizations, and the steps for using and maintaining this tool. We share our experience and tell you why and how we decided to create our own skill matrices. To give you a complete picture, we also share our expertise in working with matrices and tools we use.

NLP technology is deployed to overcome the issues of excessive information and lack of attention. Hence, the recruitment process has become engaging, immersive, and more effective even in the virtual format.

In this article, we explore the Critical Path Method (CPM) approach concept in detail, including its benefits, limitations, and key considerations for implementation. Read to understand how the CPM can streamline project management, reduce costs, and improve overall project outcomes.

Here we look at cybersecurity audits and how they help assess an organization’s security posture. Learn about auditing techniques and tools that help significantly reduce its complexity and cost, increase its effectiveness, and even automate it.