Digital Onboarding Solutions | Onboarding In 11 Steps

Any onboarding procedure for new employees should consider how daunting the first day on the job can be for them. Keeping this in mind, it takes time to find digital onboarding solutions for new employees.

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Studies have indicated that great onboarding programs can increase employee retention by 82%. The planning to find the right customer onboarding solutions begins even before the new employees submit their applications. Imarticus believes that it requires organisation, preparation, managers’ time, and expenditures for web and HR resources to create the best onboarding programs.

11 Successful Steps for Effective Digital Onboarding

So, here are the 11 steps that make for the best digital onboarding solutions for companies:

Step 1: Get in touch before the joining date

Once interviewees are accepted, one should not only write them a thank-you note but also a welcome email. This should be done well before they begin their first day of work.

Step 2: Create an onboarding procedure in advance

New hires cannot be expected to arrive at work and know everything. Onboarding should not be confused with orientation, which usually refers to the first week of a new hire’s employment. Therefore, a well-planned onboarding program is a must.

Step 3: Use job shadowing and mentoring

Job shadowing puts new hires in the field with their coworkers. This is a very effective kind of on-the-job training. With job shadowing, new hires are shown specific tasks and provided with real-world examples to learn from. Also, they will have a senior to walk them through the work.

Step 4: Set Goals From the Start

When self-driven people are aware of their long-term goals, they perform at their best. Setting goals early on will give the new hires a clear course and allow them to track their progress.

Step 5: Encourage open dialogue and idea sharing

If the leader does not show interest in their ideas, there is no point in hiring exceptional employees.

New hires might have some insightful things to say. They can bring experiences and ideas from their prior work to the table and bring a fresh angle to the business.

Step 6: Put company culture at the centre

Workers place more importance on a healthy corporate culture than higher pay. According to a poll, 56% of workers believed that positive workplace culture was more essential than salary.

Step 7: Do not demand too much of new hires

It can take months to properly integrate into a new firm and career. It is unfair to demand that new hires show productivity before they have achieved that.

Step 8: Automate the paperwork

Sending the paperwork to new hires in advance is ideal. Also, it is best done digitally since it shows that the company is advanced in keeping records.

Step 9: Streamline the first day

Employees’ desks, computers, phones, and login details should be are set up before their joining. All the things that they might need on their first day, such as email addresses, name tags, and stationery, should also be prepared.

Step 10: Prepare current employees

The team should be notified via email about the new recruit in advance. The email can include details like their name, role, and personal information like their hobbies or favourite cuisines. This ensures that the new recruit feels welcome.

Step 11: Conduct routine follow-ups with the new hires

Managers should plan regular follow-ups with the new employee. The follow-up session should invite questions and feedback from them. On top of that, one can also casually check in on new hires by stopping by and asking them how they are settling in.

Employee retention can be increased with sound onboarding solutions. To develop leaders for tomorrow, Imarticus offers detailed customer onboarding solutions. These are aimed at better commitment and upskilling. With a blended learning approach, our onboarding programs have achieved several awards. At Imarticus, leaders can explore a range of courses to enhance their onboarding programs. Companies and their employees are sure to excel with Imarticus!

Scaling the supply chain management: Giving technology its due.

Scaling the supply chain management: Giving technology its due

Supply chain management (SCM) has been one of the most important topics in the business world for years. As businesses have become more globalized, optimizing and streamlining supply chains has become more pressing. However, while SCM is a critical function for any business, it is also an area that needs to be addressed regarding technology investments.

Role of Technology in supply chain management for digital transformation.

Technology plays a vital role in today’s supply chain management as digital transformation becomes an increasing reality for businesses. Automation, data analytics, tracking, and collaboration tools are ways technology changes how supply chains operate.

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Digital transformation affects every aspect of business today, and the supply chain is no exception. To stay competitive, companies must embrace new technologies that can help them streamline their operations and improve efficiencies. One of the most critical aspects of this is data analytics.

Data analytics allows businesses to track their inventory levels, production rates, shipping times, and more in real time. This information is critical for making decisions about where to allocate resources and how to optimize the supply chain. In addition, data analytics can help businesses predict future demand trends and anticipate potential problems further down the line.

Another key area where technology is having an impact is collaboration tools. To effectively manage a supply chain, businesses need to be able to communicate and collaborate seamlessly. This is often easier said than done, but various software platforms now allow businesses to share information and work together more efficiently.

Technology is also changing the way shipments are tracked throughout the supply chain. GPS tracking devices attached to loads allow businesses to monitor their real-time progress and identify potential delays. This information can then be used to adjust the route or schedule if necessary.

Benefits of using technology for SCM?

Technology has revolutionized the way businesses operate and manage their supply chains. In the past, supply chain management was a manually intensive process that was often error-prone and inefficient. However, with the advent of new technologies, businesses have been able to automate many of the processes involved in managing their supply chains. This has significantly improved the supply chain’s accuracy, efficiency, and visibility.

Implementing technology solutions has dramatically reduced costs, which is very valuable for businesses.

How can Supply chain management course with Analytics help make a career?

A career in supply chain management is demanding and challenging, but it can be gratifying. A successful career in this field requires strong analytical skills and business acumen.

A supply chain management course with analytics can help you develop the skills you need to be successful in this field. The course will teach you how to use data to identify trends and optimize the supply chain. You will also learn how to manage risk and create plans for dealing with disruptions.

After completing the course, you will be well-prepared to enter the workforce or advance your career in supply chain management. With the knowledge and skills you’ve acquired, you’ll be able to impact your organization’s bottom line positively.

Learn and grow with Imarticus Learning

The Professional Certification in Supply Chain Management and Analytics from Imarticus Learning will prepare you for high-demand job roles such as Demand Planner, Data Scientist, or Operations Planning Manager. This IIT Roorkee supply chain management course prepares you to become supply chain analyst and attain skillset by providing the cutting-edge experience necessary due to the shortage of professionals with process & analytics talents in today’s industry landscape.

Course USPs:

Master SCM skills in analytics through with cutting-edge curriculum designed by IIT Roorkee. 

Learn from the best faculties in India through live online sessions and discussions.

The course offers a campus Immersion module at IIT Roorkee. This allows interaction with peers and faculty from the IIT campus.

Learn to solve complex problems demanding a thorough understanding of concepts, mastery over skills & knowledge of the business context.

Participate in building smarter, strategic, and tactical global Supply Chains of the future by combining traditional Supply Chain techniques and overlaying them with data-centric decision-making.

For further details, contact the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

Top 3 Bankable Skills for The Future of Banking and Finance

Top 3 Bankable Skills for The Future of Banking and Finance

The potential of technology to improve customer experiences by bringing consumer loan portals and other methods for communicating with lenders has already been extensively covered in the literature. 

However, the reality is that customer expectations are higher than ever. You must improve the financing process if you don’t want to lose clients. Aspiring finance graduates should arm themselves with knowledge and abilities that can help firms integrate new and cutting-edge technology into their company operations, provide them with a competitive edge and more. 

In order to help readers solve the current business problems hastened by unstable markets and complex company settings, we will present a few essential finance skills in this article. You can pick from various postgraduate diplomas in banking and finance training programmes to gain these skills to work at the best banks and financial institutions in the world.

Finance management: What is it?

Finance management is defined by experts as the planning, organisation and control of a company’s finances. It is additionally referred to as the method of lowering production costs and expanding commercial opportunities. Finance managers are responsible for a variety of tasks in a company, including resource management and fundraising. Due to this, they are an essential component of a firm.

Thanks to a unique blend of soft and hard skills known as finance skills, finance experts may successfully perform their duties and tasks at hand. Professionals that possess the necessary skills can also establish an environment that is effective and productive at work. Furthermore, financial competence is essential to ensuring the organisation’s existence in an extremely competitive corporate climate.

Three skills in banking and finance that will have a big impact on your career

Check out these financial skills to discover how you may use them to significantly impact a company and banking programs.

Mathematics

best investment banking courses with placement in India

Finance experts should have good mathematical abilities in addition to being familiar with accounting tools and processes. The development and application of data science-related analytical applications have highlighted the significance of having strong mathematical computation skills. And, in order to effectively employ data science as well as analytical tools for financial planning and management, finance directors must be proficient in mathematical calculations.

Resilience and analytical skills

It is a basic fact that you won’t go a long way in finance and banking unless you possess the proper analytical skills required to find trends, patterns, and clear conclusions from the mountains of data you’ll get to know about, regardless of the industry you work in or the position of employment. This goes beyond simply being knowledgeable about Excel and adept with Python, as these are technical skills that will undoubtedly be useful. 

You must be aware of what you are specifically searching for in the data and how you can use it to get the needed competitive advantage. Grit your teeth, stick with it, and be ready to prove to everyone that you have what it takes to succeed by staying the course and responding positively to anything that is thrown at you. Having said that, you must also be aware of your personal boundaries and recognise when a company’s culture is toxic as well as detrimental.

Numeracy skills and cash flow management

Understanding and working with numerical and graphical data, drawing conclusions, and articulating your results are all part of having numeracy abilities. Some employers will demand you to possess a numerate degree like mathematics, statistics, or economics in addition to A level mathematics, especially those working in the actuarial field. Others in the finance industry won’t demand this, but it’s frequently necessary to have a mathematical aptitude or talent. Numerous finance recruiters conduct numerical exams as part of the hiring process, so be prepared to have your numeracy skills put to the test

The act of monitoring and managing the costs incurred by the company is known as cash flow management. Examine the company’s revenue production concurrently. Making successful future investments, business decisions, expansion into product development, new markets, etc., are all made possible by effective cash flow management. Employers are, therefore, on the lookout for applicants who are knowledgeable about the foundations of cash flow management.

Conclusion

As you can see, not everyone is suited for a career in investment banking. Bankers must make many sacrifices and give a great deal in return, despite the fact that the financial benefits are a rather alluring carrot. However, if you believe you have these abilities and you have a strong academic interest in mathematics, business, or economics, then you should absolutely think about a future in this rich and undeniably fascinating sector.

You can choose the Imarticus postgraduate program in banking and finance which is one of the best postgraduate finance courses in India to learn more. Notably, fintech courses like this will assist you in starting from scratch and preparing for the market.

Developing a career in 2022 with the best banking and finance course

Fintech is simply the use of technology to automate and improve the financial services offered by any business or company. It is currently empowering everything around us to provide cutting-edge solutions to every tiny problem. The lockdown after the Covid-19 pandemic has contributed largely to the global boom of the Fintech market. While the global users grew by almost 64%, in India the growth of Fintech consumers was highest at 87%. The mobile payment you do on GooglePay, that’s a real-life example of Fintech in play. If you have recently purchased bitcoins on Coinbase, that’s again Fintech. If you’re intrigued by these instances and want to dive deeper into the field, then enrol yourself on an online Fintech course. A Fintech program online teaches you all about this sector and is ideal for anyone looking forward to securing a job in Fintech.

In this article, we are putting forward all the details about an online Fintech course, and how it is gradually becoming a game changer in securing high-profile jobs.

What is a Fintech certification course?

A Fintech certification course empowers a learner’s knowledge about the sector, via the means of both theoretical and hands-on practical training provided by experts in the industry. The course also encompasses case studies from the real world, along with opportunities to work with emerging technologies like Cloud Computing, Blockchain, etc. Any online Fintech course like the professional certificate in Fintech provided by Imarticus gives a scope to learn the basics in a short time of only 100 hours. However, if you’re interested in diving deeper into the Fintech knowledge pool then there’s also the pro module available at 140 learning hours.

Fintech course: Eligibility Criteria

For an online Fintech course, the minimum criteria are to have a graduation or master’s degree, like BSc, BE, BCA, BBA and likewise. There are certain courses, however, which also demand a few years of hands-on work experience. 

A career in Fintech: What are the scopes?

A Fintech specialist has a wide range of career choices. Here are your topmost choices which offer phenomenal career growth:

  • Machine Learning and Artificial Intelligence
  • WealthTech
  • Data Analysis
  • Robo-advisors
  • RegTech, which covers Risk, Governance and Compliance with the use of technology
  • Cybersecurity
  • Cryptocurrency, Blockchain

The most highly remunerated Fintech jobs include:

  • Entrepreneurship, where you get to be your boss by starting your own Fintech company.
  • Leadership roles like consultant or strategist for various financial institutions.
  • Fintech Programmers

Thus, you can see why Fintech is such an excellent career choice. It is a booming sector where newer job opportunities are developing each day.

Why is a Fintech course so important?

Both technology and finance have had a pervasive nature in the case of any industry, owing to which a learner must have the necessary knowledge to fuse the two. The courses are considered to be game changers because their sole purpose is to make the learners aware of the various business models, challenges in regulation, various start-up ecosystems, and likewise. Through these courses, it is easier for the learners in creating or joining a network of a similar-minded crowd and receiving mentorship from the experts in the industry. 

What are the reasons for an unparalleled boom in the Fintech job market?

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By infusing Information Technology with Data Science, the business of financial services is becoming a high-tech business venture. The Fintech sector not only provides productivity on the users’ end but this productivity is equally paired with convenience. The entire methodology of investing and spending your hard-earned money is being revolutionised, hence the boom in this sector. Almost every other financial company, thus, is in search of Fintech specialists to help them in problem analysis, its prevention and corresponding mitigation.  

Advantages of taking up a Fintech course

The top-notch benefits of opting for an online Fintech course are:

Greater exposure

A chance to work and deal with emerging technologies. A Fintech program helps the learner to get an idea or lays the basic knowledge foundation for them to deal with these latest seamless technological advancements. 

Less competition

The sector also provides a competitive edge. As the sector is still quite new, paired with its largeness, there aren’t sufficient skilled resources. This provides the Fintech learners with a competitive edge, as most financial organisations don’t waste time absorbing new talents.

Boost your career

Opting for a Fintech course also adds weight to your simple resume. If you’re a fresher, such a course will help you to make your resume pop up among the large ocean of applicants. On the other hand, if you’re already a professional and looking for a change, this course can give you a jumpstart.

Summing up

The demand for Fintech specialists is already on the rise in India, and the global market demand is also not lagging. The financial sector, thanks to such a widespread technological revolution is further expected to grow, and hence create more job vacancies in the future. So, by considering certain factors like your own interests, retention capacity, future goals, etc., make sure you jump right into the correct online Fintech course and make the most of it.

Are you setting big cyber security career goals? 5 proven tips to get the best cyber security job in top companies.

Are you setting big cyber security career goals? 5 proven tips to get the best cyber security job in top companies

A career in cyber security can offer a lot of scope and opportunity. Many cyber security jobs are available, from entry-level positions to highly technical ones. And, as the world increasingly relies on technology, the demand for cybersecurity professionals is expected to grow.

You’ll likely be working with people from all different backgrounds and levels of experience, so being able to explain complex concepts in plain language is important.

If you have the skills and qualities needed for a successful career in cyber security, then the sky is the limit!

What benefits can one draw by being a professional in Cyber Security?

There are many benefits to pursuing a career in cyber security. The most obvious benefit is the potential for high earnings. According to the Bureau of Labor Statistics, the median salary for information security analysts was $95,510 in May 2018, with top earners making over $145,000 yearly.

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In addition to earning a good wage, those working in cyber security can also take pride in knowing they are helping protect society from various threats. As our dependence on technology grows, so do the risks associated with its use. Cybersecurity professionals help to mitigate these risks and keep our information safe.

Finally, those working in cyber security often have the opportunity to work with cutting-edge technology. They stay up-to-date on the latest trends and developments and work with some of the most innovative tools.

Five proven tips to get the best cyber security job in top companies

The competition for top cyber security jobs is fierce. To land one of these coveted positions, you need to set your sights high and have the plan to get there. Here are some proven tips to help you get the best cyber security job in top companies:

  1. Get a degree in cybersecurity: There is no substitute for formal education when landing a top cyber security job. While you can certainly learn many necessary skills, employers prefer candidates with relevant degrees. If you don’t have a degree yet, consider getting one from an accredited online program. 
  2. Build up your experience: While a degree is essential, employers will also be looking for candidates with experience. If you don’t have any direct experience, look for ways to build up your skillset through internships or volunteer work. Even if you don’t have direct experience, demonstrating that you have the skills to perform the job can go a long way in getting hired. 
  3. Stay up-to-date on industry trends: The cybersecurity industry constantly evolves, so stay abreast of new developments and trends. Read industry publications, subscribe to relevant blogs, and attend relevant conferences and networking events to meet professionals and learn about new approaches. 
  4. Network with other professionals: A great way to get your foot in the door & learn about job openings. The more connections you make, the better your chances of landing a job. 
  5. Highlight your soft skills: Highlight your resume with soft skills and how you can work well with others, handle complex problems, and communicate clearly and effectively.

Learn and Grow with Imarticus Learning:

Master Cyber Security from IIT Roorkee with the Advanced Certification program in Cybersecurity and make a career in cyber security.

This ethical hacking certification course equips you with the most in-demand security tools and skills. Explore a world of ethical hacking, cloud computing application software engineering incident handling, and networking fundamentals to prepare for an exciting cybersecurity career by enrolling in this IIT Roorkee Cybersecurity course.

Course USPs:

  • Certification by CEC, IIT Roorkee
  • Learn from IIT Faculty
  • Campus Immersion and peep-to-peer learning
  • Learn Job Relevant Skills

For further details, contact the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.

How to start your career in risk management: First step and strategy

How to start your career in risk management: First step and strategy

The first step to starting your risk management career is getting your education. You need a degree in risk management or a related field to be considered for most positions. Many online and offline programs offer degrees in risk management. Once you have your degree, the next step is to start looking for jobs. There are many strategies you can use when looking for a job in risk management. You can search job boards online, look through job postings on company websites, or contact firms directly to inquire about open positions. Let’ us dig a little more on how and where to start and how to build a successful risk management career trajectory!

What is the scope of risk management by 2030?

In 2030, the scope of risk management will have expanded to include a broader range of risks, including environmental, social, and political risks. Risk managers will need to be able to identify and assess these risks to develop effective mitigation strategies. They will also need to have a good understanding of the legal and regulatory framework in which their organization operates in order to ensure compliance with new regulations.

What are the reasons or benefits of making a career in risk management?

Risk management is a critical function in any organization. It helps organizations identify, assess, and manage risks that could potentially impact the achievement of their objectives. A career in risk management can offer many benefits, including the opportunity to:

-Identify and assess organizational risks: Risk managers are responsible for identifying and evaluating risks that could potentially impact the achievement of an organization’s objectives. This involves conducting risk assessments, analyzing data and trends, and developing mitigation strategies.

-Develop and implement risk management plans: Once risks have been identified and assessed, risk managers develop and implement strategies to mitigate those risks. This may involve developing policies and procedures, implementing controls, and monitoring compliance.

-Monitor and report on risks: Risk managers are responsible for continuously monitoring risks and reporting on their status to senior management. This allows organizations to keep track of their progress in managing risks and make necessary adjustments to their plans.

-Communicate with stakeholders: Risk managers are crucial in communicating with stakeholders about the organization’s risk management program. This includes educating stakeholders about the importance of risk management and updates on the status of risk mitigation efforts.

How can an investment banking course after graduation help make a career in Risk Management?

An investment banking course can provide an excellent foundation for a career in risk management. Investment banking courses after graduation teach valuable skills such as financial analysis, valuation, and corporate finance that are essential for assessing the potential risks associated with investments. The coursework also covers financial derivatives, portfolio management, and credit analysis, which can be helpful when evaluating different types of hazards. These courses can provide students with an understanding of how to identify and assess different types of risks to develop effective strategies to mitigate them. Additionally, many investment banking courses include a practical component that allows students to apply their knowledge of risk management in real-world situations. This type of experience is invaluable when pursuing a career in risk management.

Transforming with Imarticus Learning:

The Certified Investment Banking Operations Professional course fully equips students with the skill set required to begin a career in investment banking operations, treasury & clearing services. Through this course, students better understand complex securities and derivative products, trade lifecycles, and how the industry functions.

Course USPs:

  • 360-degree & Practical industry-aligned curriculum.
  • Tech-Enabled Learning through LMS.
  • Career Solutions like Skill Building and Placement Assistance.
  • Industry Connect through better networking opportunities.
  • Upon completing this course and related assignments, students receive an industry-recognized, internationally accredited-Certificate of Excellence.

Once you learn Investment Banking, you can take up the CISI certification (CISI IOC) exam too!

For further details, contact the Live Chat Support system or visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Hyderabad, Delhi, Gurgaon, and Ahmedabad.