‍ Did you know the ITRC reported 2,365 cyberattacks in 2023? Therefore, senior leaders must build strong cyber resilience to fortify data security. That’ll be your ability to swiftly recover, respond, and identify security incidents. PwC notes that only 2% of organizations implement firm-wide cyber resilience. This can be attributed to challenges like lack of awareness, complex IT environments, and resource constraints.

Just announced, the IDC MarketScape: Worldwide Team Collaboration Applications 2024 Vendor Assessment (doc, October 2024) recognizes Slack as a Leader. “Slack enables an ease of channel-centric collaboration across different modalities in a way that few products can,” said Wayne Kurtzman, IDC Research Vice President of Collaboration and Communities.

Customer experience (CX) has emerged as a crucial influence on market share among banking organizations. Financial institutions that invest strategically in CX achieve 2.5x higher wallet share and 1.9x higher customer satisfaction scores compared to their peers. 93% of banking organizations view CX as their primary competitive differentiator, which highlights the importance of a superior CX. However, there’s a crucial gap in how banks approach CX enhancement.

Staff augmentation is a flexible outsourcing strategy that allows companies to add specialized talent to their teams as needed. Rather than hiring permanent employees, businesses can temporarily “augment” their staff with skilled professionals from an external provider to fill gaps, complete projects, or support ongoing tasks. This model enables companies to access talent quickly, optimize costs, and stay competitive in a fast-changing business environment.

Effective communication for any team is crucial, but especially in software engineering, where collaboration across multiple stakeholders is essential to progress in any project. As part of the How I Do It In Miro series, Anubha, software engineer at Miro, shows us how she overcomes this challenge with Miro.

Flex schedule allows workers to set hours that suit them, improving health, productivity, and work-life balance. Today, it’s changing the way we work. For employees, they can help them balance work and personal life better. For employers, they can be a great way to increase productivity and attract the best workers. With 81% of workers preferring flexible hours, it's a win-win solution. So, for that reason, I’ll discuss — Let's make your day better. Ready to start?

Yohan Lobo, Senior Manager, Industry Solutions, M-Files, has been featured in Global Data to discuss how Artificial intelligence (AI) has emerged as a crucial enabler of such transformation in the financial sector. Read the full article on How AI is transforming customer services in the financial industry - GlobalData. "Data and trust are at the heart of delivering efficient services and contributing to business longevity; however, inconsistent customer service can erode this progress.

As remote and hybrid work environments become the norm, many teams rely on virtual communication tools like Microsoft Teams for seamless collaboration. If you’re new to Microsoft Teams, navigating its features can be a bit overwhelming. This step-by-step guide will help you get started using Microsoft Teams effectively for video conferencing, team collaboration, and more.

In today’s competitive business landscape, finding the right staffing model is crucial for companies aiming to optimize productivity, control costs, and gain a strategic edge. Staff augmentation and managed services are two popular outsourcing models, each offering distinct benefits and challenges. Choosing between these models depends on factors like the scope of the project, available resources, and the desired level of control.

Learn more about the legal issues related to tracking your workers. Get a better understanding of the federal and state laws when it comes to using employee monitoring software.