Reimagine The Way your Business Operates
HR professionals becoming designers of a digital working world
Companies need a leadership style that grants employees more self-organization and inspires confidence.
HR must support this with training opportunities for managers and digital HR processes.
Motivated employees are more effective and contribute more to the company’s success. However, most people are worried in times of crisis. That’s why it is now particularly important to show employees appreciation and give them a sense of purpose. The HR professionals must focus on people and become designers of the digital future.More than ever, HR is needed as a strategic partner to management.
It is crucial to plan and manage the new digital ways of working. HR must foster this transformation in the workforce and move forward with digital HR processes themselves.
HR professionals need to manage the rise of new jobs where employees no longer have an agreed-upon set of hours to work and instead just focus on a set of outputs to achieve, regardless of how long it takes them to achieve those outputs. Mobile and flexible working models played a major role in 2020.
HR managers must proactively help to design a digital future so that the employee once again becomes the focus of HR work. Rigid structures with fixed working hours and a fixed office location are increasingly giving way to mobile, flexible models.
Improvements in digital client experience for insurance companies
The acceleration of digital innovation in 2020 pushed many sectors into action. However, many insurance companies are lagging behind banks when it comes to digital innovation and client experience.
Insurance companies are often showing lower reviews in digital apps across features such as onboarding, notifications, design, user experience and performance.
As the transition from physical to digital continues, 2021 will see the insurance industry going through the same digital growing pains as banks in previous years. It’s essential that insurance companies do not lose sight of the human touchpoint along the way when implementing digital strategies to catch up with rising customer expectations, otherwise they could risk losing customers.
The Ethereum 2.0 is bringing DeFi to the next level
The key takeaway from 2020 review of the blockchain technology and ecosystem is that the potential is there, but there’s still a long way to go, both on the technical and on the organizational and operational side of things.
2020 has seen the new Ethereum 2.0 Beacon chain going live in December, a major release after several years of development. This long-awaited update to the Ethereum blockchain transformed the network from a proof-of-work to a proof-of-stake consensus model and is intended to improve speed, security, lower transaction fees and fix the scalability issues that have been holding Ethereum back throughout 2020.
The Ethereum’s objective is to go beyond being a digital currency, to becoming a substrate for the development of all sorts of decentralized applications including the Decentralized Finance (DeFi).
Beacon aims to be the backbone of a new Ethereum blockchain, claiming to rival established payment networks such as PayPal and Visa in terms of processing speed, while beating them in terms of transparency and payment finality.
Once Ethereum 2.0 is fully operational, the DeFi market will benefit from a faster and more scalable network. Some innovative solutions are already being developed, including tokenized ETH 2.0 bonds. The full transition to the new chain will happen in 2022. 2021 is already bringing DeFi to the next level as it seeps into legacy finance.
B2B&B2C eCommerce Trends
Digital trends transforming the Fashion eCommerce Industry
Digitization is now taking a boost in the retail industry making shopping more convenient than before, more cost-effective and more enjoyable. Retailers and multi-brands are now offering a seamless shopping experience by linking up from mobile to online to in-store outlets.
The Augmented Reality and Virtual Reality applications are becoming common. The online and in-sgtore client experience is being redesigned.
Many retailers in particular offer a try-before-buy experience, such as seeing furniture and products at home with consumer brands such as Ikea and even virtually trying on luxury clothing such as Louis Vuitton and Gucci. This digital trends transformation provides brands with a new way to capture customer on a vast scale and enhance their knowledge and insights towards the business.
Adapting to these multidimensional trends fashion brands and retailers will find themselves staying one step ahead in the cutting-edge competition.
Successful digital transformation in fashion is a matter to know how can brands have access to adapting the digital trends. We will help you to have your business up-gradation easily.
The digital fashion shows are more and more popular.With much of Europe still on lockdown, Paris Fashion Week is the latest in a string of global industry events to feel the impact – but the show must go on, and so digital runways are en vogue.
Digital Marketing&Social Media
Get the client experience optimization right
A good application of predictive analytics to eCommerce Sales can seriously improve the statistics.
Even if the digital ad spending temporarily declined in 2020, it is regaining ground in 2021. Meanwhile, digital marketers will encounter new advances for customers to conveniently act on an ad message. Shopping extensions that display offers within a stream, like Instagram Shopping and Stories — a carousel of images or videos on social media — are examples. This means attribution of channel activity to sales will be scrutinized more closely than ever to understand customer activity. It’s possible to change the game with the tools like Abee Cloud and to optimize easily eCommerce coversions with a limited financial investment.
Managing customer experience is still a proven strategic advantage for connecting repeat customers and leads to sales. The emergence of an internet of behaviors and patterns is driving more and more companies to setup professional analytics solutions to help them to optimize the business processes and increase sales.
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Exporis Corporate and Fintech SaaS Team