The Banking and Finance sector has been extremely innovative over the last decade - the shift to digital and online, the growth of Fintech and an increased focus on the customer - but never has it moved so fast as it did in the last two weeks of March 2020.
When Covid came, we all had to very quickly change the way we worked, the way we communicated, how we socialised, even what we did for leisure.
COVID-19 has sparked massive changes in banking and finance, not least because of the deep recession impacting the economy.
Among the changes that have been witnessed in finance, the so-called responsible lending laws have been relaxed to make it easier for a borrower to get a loan. In addition, around $35 billion has been withdrawn from superannuation accounts as the government has encouraged people to pull out cash from their superannuation savings to cover the costs of being unemployed or working fewer hours during the COVID-19 recession.
With the uncertainty of the COVID-19 virus growing, Keith Ferrazzi is coaching the executive teams of the world's largest organizations virtually. Companies like Delta, GM, & Verizon have pivoted from traditional avenues of engagement and into the virtual world to keep up. You can too.
When we are under pressure we often think very differently. How to harness the problem-solving skills in your team. How to minimise fear and raise our ability to think creatively. The brain can’t hold two different opposing thoughts at the same time.
As the world moves into an unprecedented time of crisis management the role of Artificial Intelligence has become extremely important. As organisations restructure their organisational structures, send their employees home to work, avoid human to human interactions, minimise their expenditure and try to innovate their way out of the crisis we will see the use of AI increasing as a means to enable each of these factors.
COVID-19 is an example of an entirely predictable disaster. Serious, novel pathogens emerge regularly. None of this minimises or plays down the effects of the current pandemic but it does illustrate that this should be an occurrence that that precisely no one finds surprising. Not only was it bound to happen sometime, evolution tells us it is certain to happen again, too, So how do we lead our teams in times of change and massive disruption?
Crises are rarely convenient and they’re never fun. As the world confronts the single biggest disruption in living memory, how we and our organizations navigate the coming months will be critical.
We have been living in an era of disruption and rapid change for some time, but never before have we faced changes as rapid and drastic as those caused by the Coronavirus. Suddenly, everything is different. Over the next few months organisations and businesses will face big challenges. To meet them, they will have to find new and better ways of doing things. More than ever before, your people need to be equipped with the skills they need to be innovative, so they can be constantly coming up with better ways of doing things.
Amongst all the chaos, panic, fear and confusion of the Corona virus, I believe there's never been a more exciting time now in business and in life. We always talk about innovation and evolution and becoming the change, but we often leave it a little bit too late because we operate with a business as usual mindset.
There are few story tellers who have the gravitas of Yossi Ghinsberg. He has walked the road that he speaks about, from surviving the jungles of the Amazon to living with the Bedouins of the Sinai Desert - So when he talks about sustainability you know that his experiences have given him a profound understanding of how it shapes every aspect of our daily lives.
There is a good reason why our newest speaker Pauline Nguyen has been running the most awarded Vietnamese restaurant in the world for over twenty years - and the answer might surprise you.
Pauline knows first hand about how sustainability is a key ingredient to success and can be applied to all aspects of our daily lives.
Dr Catriona Wallace shares profoundly personal experiences of the destruction of millions of hectares of farmland in Australia – including her own – and how stronger gender diversity in leadership can assist in helping combat the new reality that faces Australia.
Anyone can have a ‘good time’ if they borrow and spend like the proverbial drunken sailor, but as we all know, such action is not sustainable. It cannot go on forever given that one day the money will run out and the debt will have to be repaid.
Our expert economist and social commentator Stephen Koukoulas explores the question of how sustainable is our super with an aging population.
It's a pivotal time in education. For hundreds of years students have sat in classes having knowledge imparted to them by teachers. Now, from high school, often earlier, virtually every student carries a device from which they can find out pretty much anything in a matter of seconds.
Based on the work we've been doing in real estate the last couple of years, I think it's safe to say it's a pretty interesting time to be in the real estate business right now. I want to provoke you to think for a moment around whether we've got our eye on the right ball that's in the air right now.
Dr. Catriona Wallace has established herself as the innovative go-to expert for optimizing customer experience. As a result, she's the most natural authority to consult with when looking at ways to introduce emerging technologies into business.
As old as the real estate business itself is the question of how to make the acquisition of real estate the easiest to be funded and thus the easiest to access for the largest number of people possible. Answering those questions, stakeholders sometimes had been extremely creative. It could be a nation that subsidized the purchase of real estate through tax credits. This happened e. g. with East-German real estate after the reunification of Germany. 25 years later, with the emerging fin-tech boom and acceptance, crowd-funding was born. It did not take long and the first real estate acquisition was funded by a crowdfunding concept.