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5 Solutions For Maximising Onboarding Of New Employees

Posted on by Imarticus Learning

5 Solutions For Maximising Onboarding Of New Employees

Hiring new employees costs time, money, and effort. Once the job offer has been accepted, HR heads must prioritise onboarding. Effective employee onboarding training solutions build a solid foundation for employees. This leads to a company’s long-term success.

Brandon Hall Group conducted research on a list of companies. These firms had effective onboarding procedures. It found over 70% increase in productivity in them. They also showed an 82% increase in new-hire retention.

Successful businesses take up to a year to structure employee onboarding training programs. They also provide mentorships to assist new employees. This is done through training and socialising. So, how can one maximise the onboarding of new employees?

Top 5 Employee Onboarding Training Solutions

To reduce turnover and boost early productivity, companies can adopt these 5 best onboarding solutions set by Imarticus.

  1. Help personnel establish relationships

Managers fail to perform successful onboarding because of many reasons. Failure to develop effective working connections is the main cause.

When new team members get their questions answered, and meet their colleagues before beginning work, their desire to continue working at the company increases. A study shows that this rise is as high as 93%. Friendships and professional relationships condition employee retention. These can be encouraged through a new-hire lunch (in-person or virtual). Team-building activities or introductions to team members also have the same effect.

Managers can introduce new hires to coworkers who would make excellent mentors. Giving new hires mentoring support will raise their level of comfort. It also increases the potential of mentor-mentee relationships continuing after orientation. Finally, it increases opportunities for ongoing support, learning, and development as well.

  1. Implement fundamental paperwork, configure technologies, and set up work areas before the first day

As much as 83% of high-performing companies begin with the onboarding process before the first working day of the new employee.

Orientation is frequently confused with onboarding. The former entails reviewing and signing documents and carrying out policy-related matters. They instruct staff members on legal and policy-related guidelines. Managers should send as much paperwork via email as possible. So, the employee can examine it before the first day. The new employees should be invited to come in with any questions.

  1. Set the standard and define the company culture with effective employee onboarding training solutions

Managers should personally explain the company’s history and culture to the new hire. The company’s guiding principle can also be explained to define the culture and mission. Working together to achieve company objectives will show results in the future.

  1. First impressions are always remembered

The new hire may have already formed a preliminary opinion of the HR and the business. But, fostering a friendly atmosphere among everyone can help. The HR team should announce the joining of the new employee. Conducting a new-hire party acts as an icebreaker, making the recruit feel welcome.

An ‘All Hands’ welcome meal will have everyone cheering. For the welcome gift, one could use social media to find out the recipient’s preferences.

  1. Request feedback, suggestions, and ideas

New hires who participated in the employee onboarding training program should be surveyed. This should happen after 1, 6, and 12 months of their joining. It is one of the most convenient methods to use data to improve the onboarding program. The survey results can be used to identify the program elements that worked. Those that did not work could be improved. This can be done by implementing employee onboarding training solutions.

Summing Up

At Imarticus, we develop an endless capacity for growth. We have used a consistent and comprehensive approach for more than a decade. Our cutting-edge employee training program helps both individual and organisational progress. With Imarticus customer onboarding solutions, you can rest assured to find the best employee onboarding training solutions.

Learn supply-chain compliances and leverage a competitive advantage

Posted on by Imarticus Learning

Learn supply-chain compliances and leverage a competitive advantage

It’s no secret that supply-chain management is a complex and ever-changing field. With new regulations and standards being enacted all the time, it can be hard to keep up. But if you want your business to remain competitive, it’s important to stay on top of the latest changes. One area that has seen a lot of recent activity is supply-chain compliance. Understanding the various compliance requirements and how to meet them can give your business a significant advantage. In this blog post, we’ll look at some of the most important compliance issues to be aware of and how you can ensure your supply chain is up to date.

Significance of Supply Chain Management for new-age businesses

The internet has disrupted nearly every industry, and the business world is no exception. In the past, businesses could get by with a linear supply chain, taking raw materials, turning them into products, and then selling them to customers.

However, the internet has made the world more connected than ever before, and customers now expect businesses to be able to meet their needs on a more personal level. This means that companies need to have a more complex and efficient supply chain to succeed.

Supply chain management coordinates all the different moving parts of a business’s supply chain to ensure everything runs smoothly. This includes everything from sourcing raw materials to manufacturing products to distributing them to customers.

There are many benefits of having a well-managed supply chain. Perhaps most importantly, it can help businesses save money. A well-run supply chain can source materials at the best possible price and then get them quickly and efficiently to where they need to go. Additionally, a well-managed supply chain can help businesses respond quickly to changes in customer demand.

In today’s business world, having a strong supply chain management strategy is essential for any company that wants to be successful. By taking the time to understand all the different aspects of supply chain management and putting together a solid plan, businesses can put themselves in a great position to succeed in the years ahead.

Leveraging competitive advantage through supply-chain management?

To leverage a competitive advantage through supply-chain management, businesses must ensure compliance with all relevant regulations. This includes rules governing the procurement of materials, the transportation of goods, and the disposal of waste. By complying with these regulations, businesses can avoid costly fines and penalties and improve their overall efficiency. In addition, by maintaining a compliant supply chain, businesses can build trust with their customers and partners, leading to improved relationships and increased sales.

What are the basic skills needed to be a Supply Chain Manager?

To be a successful supply chain manager, certain basic skills are needed. These include strong analytical and problem-solving abilities and good communication and interpersonal skills. The ability to effectively manage and motivate teams is also essential. Additionally, supply chain managers need to have a good understanding of technology and how it can be used to improve efficiency and effectiveness within the supply chain.

Learn and Grow with Iamrticus Learning:

training and development

Future-proof your career new-age curriculum offered through professional certification in the supply chain & Analytics program from Imarticus Learning.

Industry leaders have designed this IIT Roorkee supply chain management course to provide a cutting-edge experience to candidates willing to make a career in operations and supply chain. The course makes you an expert in managing uncertainties in a Supply Chain system. 

Supply Chain Analytics enables management to make data-driven decisions at strategic, tactical, and operational levels.

Certifications for supply chain professionals are significant with increasing need for professionals with process and analytics skills. This course prepares you for high-demand job roles such as Data Scientist, Demand Planner, Supply and Operations Planner, and Supply Planner. 

Course USPs:

  • Learn in-demand tools and projects with six real-world projects.
  • Master new-age SCM and Analytics skills
  • Best trainers and faculty in India
  • Attend 1:1 mentoring sessions with industry stalwarts 

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.

Valuation and equity research: Big highlights of future financial services trends.

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Valuation and equity research: Big highlights of future financial services trends

The world of finance is always in a state of flux, with new technologies and regulations constantly emerging. Financial risk management professionals need to stay up to date on the latest trends in order to make sound decisions for their businesses. In this post, we will discuss some of the biggest trends that are expected to impact the financial services industry in the coming years. Plus we will also discuss how these trends could affect your business’s bottom line and provide some tips for staying ahead of the curve.

Biggest trends

First and foremost, technology will continue to be a major driving force in the financial services industry. Financial technology (fintech) is revolutionizing how banks, investors, and other entities interact with each other. Automation of manual tasks such as financial transactions is becoming increasingly popular among businesses. Additionally, artificial intelligence (AI) is being used to make better decisions and predict markets. Investors are also increasingly relying on big data analytics to gain insights into future trends.

Another trend that has been gaining traction in recent years is the rise of alternative investments, such as private equity, venture capital, and hedge funds. These alternative investments offer higher returns than traditional assets such as stocks and bonds and provide higher levels of diversification. They can also be used to hedge against risks associated with stock market volatility.

Finally, valuation and equity research are becoming more important in the financial services industry. Valuation techniques are being used to assess the worth of companies and investments, while equity research helps investors identify potential opportunities in the markets. As these trends continue to gain popularity, financial risk management professionals need to be aware of them and how they might affect their portfolios.

As you can see, the financial services industry is constantly evolving. By staying up to date on the latest trends, you will be able to make informed decisions when it comes to managing your finances and investments. Valuation and equity research are just two of the many trends that are driving change in finance today – keep an eye out for more to come!

How could these trends affect your business?

With all of these changes happening, it is important to understand how they could impact your bottom line. For example, automation can help streamline processes, reduce costs, and increase efficiency. AI and big data analytics can provide valuable insights. Alternative investments also offer higher returns than traditional assets – but with that comes added risk. Lastly, valuation and equity research can be used to determine the worth of companies and investments, allowing you to make more informed decisions when it comes time to invest.

Tips for staying ahead of the curve

Staying on top of trends can help you identify potential opportunities before they become popular. To do this, start by doing your own research – read up on industry news and analytics, as well as consulting experts in the field. Additionally, consider attending industry conferences or seminars where you can learn from experienced professionals and network with other risk management professionals.

Discover Financial risk management course with Imarticus Learning

executive management training

Students looking for a financial management course can consider enrolling for Imarticus Learning’s Diploma in Finance Management. This comprehensive program enables students to gain a holistic understanding of the principles and techniques that are used to manage financial risks. Through a combination of online lectures, practical assignments, and case studies, students will gain the skills needed to assess risk and make sound financial decisions. 

Course Benefits For Learners

  • With this course, learners will develop a thorough understanding of Financial Risk Management.
  • In this program, learners will explore the most innovative technologies used in financial risk management today.
  • Advanced management program in financial services will equip learners with the necessary skills to launch their careers.

Visit our training centers in Thane, Pune, Chennai, Mumbai, Bengaluru, Delhi, Gurgaon, or Ahmedabad, or get in touch via the chat support system.

Why Every Professional Should Learn About This CFO Training

Posted on by Imarticus Learning

Why Every Professional Should Learn About This CFO Training

As a professional in any industry, you know the value of being knowledgeable and well-trained. But specific training courses can be essential for career success and development. That’s why you should learn about CFO training—it equips professionals with the skills, knowledge, and experience they need to excel at their craft. Read on to discover why every professional should learn about this essential training course. 

What is CFO Training? 

CFO stands for Chief Financial Officer, an executive-level position responsible for managing financial activities within an organization. CFO training programs provide professionals with the tools and resources they need to understand financial principles as well as how to manage them effectively. This type of training is essential for those looking to advance their careers in finance and become successful in their respective organizations. 

Why Do Professionals Need CFO Training? 

CFOs are some of the most important people in any organization, so they must have the knowledge and skills necessary to succeed. With CFO training, professionals gain insight into financial strategies that can help them make informed decisions regarding managing finances within their organization. They also learn about budgeting techniques, accounting principles, financial analysis methods, and how to develop effective strategies for long-term success.  

Advantages of Taking a CFO Training Course 

CFO training helps individuals understand how to manage complicated financial decisions integral to any organization’s success. By taking part in this training, professionals can better grasp budgeting, forecasting, and managing risk while also learning how to communicate effectively with other departments within the organization. Additionally, this type of training helps professionals develop strong leadership skills, which are essential when leading teams and making important decisions. 

Another advantage of participating in CFO training is that it gives students access to experienced instructors who can provide real-world insights into what it takes to succeed in the field. This includes essential topics such as strategy development, financial analysis and reporting, cash flow management, and data analytics. Furthermore, these instructors can offer advice on career paths such as corporate finance or consulting, which can help students make informed decisions about their future career prospects. 

Finally, taking part in CFO training allows individuals to network with peers with similar interests and goals. This will enable students to get feedback from those already working in the field, providing them with valuable insight into what they should expect once they start working as professional accountants or financial managers. In addition, networking opportunities may even lead students down new paths they may not have considered before enrolling in the course.  

Overall, learning about CFO training is something every professional should consider if they want to advance their career in finance or become more prosperous within their organization. With these courses, you gain access to valuable resources such as budgeting techniques and accounting principles, which will help you make informed decisions regarding managing finances in your organization. Additionally, you get an opportunity to network with other professionals, which could open doors for potential job opportunities or promotions down the line! So don’t wait any longer—start researching CFO training today!

 

Become A Pro with This Financial Modelling course

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Become A Pro with This Financial Modelling course

Do you want to take your financial modeling skills to the next level? This online course is perfect for you! You can create complex models in just a few weeks to help you make better business decisions.

The finance industry is a tough one to break into. You need a solid foundation and a solid understanding of the financial markets to get started in this career field. The great news is that you can learn everything about modeling financial transactions from a top-notch course.

A skill that is in demand is financial modeling. Financial modeling can forecast future business performance and compare how various factors will affect your revenue, regardless of whether you’re considering a career change, vying for a promotion, or have already launched your own business.

training and development

Whether a beginner or an experienced modeler, this course will teach you new techniques and strategies to help you excel in your career. Enroll today and become a financial modeling pro!

Introduction to Financial Modelling

Financial modeling is creating a mathematical model to represent a financial situation. This can be anything from a simple home budget to a complex corporate finance model. Individuals, businesses, and organizations use financial modeling to make informed decisions about allocating resources and managing risks.

Most models use spreadsheet software such as Microsoft Excel. Financial modelers use various techniques to develop their models, including financial analysis, statistical analysis, and mathematical modeling.

Creating a financial model can be complicated and time-consuming, but it is essential for anyone looking to make informed financial decisions. This course will teach everything you need about financial modeling, from the basics of Excel to more advanced techniques used by professional analysts.

Why Should You Enroll in a Financial Modeling Course?

A financial modeling course can be the key to success in finance. It provides essential skills and knowledge to help you thrive in this competitive industry. The course can help you understand financial statements, models, and valuation methods. It can also teach you how to use Excel to create financial models.

With a financial modeling course, you will be able to:

  • Understand financial statements and models
  • Build Excel-based financial models
  • Valuate companies using different methods
  • Understand the impact of different economic scenarios on businesses
  • Make informed decisions about investments
  • Get a job in finance or become a consultant

Enrolling in a financial modeling course is the best decision you can make for your career in finance. The skills and knowledge you will gain from the course will help you succeed in your role and advance your career.

A good financial model can help you make better business decisions, raise capital more efficiently, and track the performance of your business. In addition, a well-built financial model can be a valuable tool for communicating your business plans to potential investors.

 However, perhaps the most crucial reason to enroll in a financial modeling course is that it can help you avoid making costly mistakes. You will learn how to build reliable and accurate models with the right training. Therefore, you will be able to make sound financial decisions that will help your business prosper.

Learn financial analysis course with Imarticus Learning

The ratio analysis course covers various topics, including financial statement analysis, modeling methodologies, and valuation procedures, allowing students to learn practical information and develop important skills.

Course Benefits For Learners:

  • Additionally, learners will gain essential abilities to aid their employees in the financial industry.
  • Once you have mastered financial modeling, you can demonstrate your abilities to potential employers.
  • Through online financial analyst training, learners can acquire the knowledge and abilities required to become a financial analyst.

Visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad, or get in touch via a chat support system.

Want to master ML (machine learning) and AI to supercharge your career? Read on

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Want to master ML (machine learning) and AI to supercharge your career? Read on

Artificial intelligence (AI) and machine learning (ML) are the two hottest topics in the tech world. Companies like Google, Facebook, and Amazon are all investing heavily in these cutting-edge technologies, and they’re always searching for talented engineers who can help them push the envelope even further. If you’re looking to supercharge your career, mastering ML and AI is a great way to do it. Here’s what you need to know.

What are AI and Machine Learning?

Before we dive into how to master ML and AI, it’s essential to understand what these terms mean. 

Artificial intelligence is a broad field that deals with creating intelligent machines that can react and work like humans. This can be anything from teaching a computer how to play chess to building a self-driving car. 

On the other hand, machine learning (ML) is a subset of AI that allows computers to improve and learn from experience without being explicitly programmed. So instead of programming a computer to do something specific, you feed it data (known as “training data”), and it figures out how to do it. 

For example, if you wanted to build a system that could automatically identify cats in images, you would give it a bunch of images containing cats and images that don’t include cats. The ML algorithm would then learn from this training data and be able to identify cats in new images automatically. 

How to Become an AI/ML Expert?

 

  • Get a degree 

 

Although you don’t need a degree to get started in ML or AI, having one will give you a solid foundation of knowledge to build upon. Plus, degrees from top schools are highly respected by employers in the tech industry. If you’re unsure which route to take, consider getting a degree focusing on data science or artificial intelligence.

  • Take online courses from leading providers. 

There are many online courses available that can teach student’s the basics of machine learning and artificial intelligence. Courses from leading providers are respected by employers and will give you the necessary skills to get started in the field.

  • Participate in open-source projects. 

There are several ways to get involved in the machine learning and artificial intelligence community. You can join open-source projects, make contributions, or collaborate with others on their ideas – all of which will give you invaluable experience for your future career!

  • Stay up-to-date on the latest developments. 

Machine learning and AI constantly evolve, so staying updated on the latest developments is essential. Attend conferences, read blogs and whitepapers, and follow leaders on social media to ensure you’re always learning new things.

Following these four steps, you can master machine learning and artificial intelligence and embark on a rewarding career. With the right skills, you’ll be in high demand by businesses across all industries that are looking to harness the power of these transformative technologies. So what are you waiting for? Start learning today!

Discover IIT artificial intelligence course with Imarticus Learning

edtech institute

Enroll in the AI and machine learning courses program at the E & ICT Academy to learn more about machine learning.

Course Benefits For Learners:

  • Students work on 25 real-world projects as part of the IIT AI ML course to gain practical business experience and prepare for a rewarding data science career. 
  • Students can grab employers’ attention and showcase their abilities with a certificate recognized by the E & ICT Academy, IIT Guwahati, and a credential supported by Imarticus Learning. 
  • Students who pass this deep learning certification may find lucrative employment in the artificial intelligence and machine learning fields.

Visit our training centers in Mumbai, Thane, Pune, Chennai, Bengaluru, Delhi, Gurgaon, or Ahmedabad, or get in touch via a chat support system.

What’s the hype around IIM Lucknow’s Advanced management program in Financial services?

Posted on by Imarticus Learning

Financial services involve helping to make, manage and invest money and excess fund of people and organisations. Combining these services with capital markets involves helping out clients regarding investment in stocks and profitable trading of shares. Nowadays, people have taken this up as a profession and specific courses are available at reputed colleges and universities to provide a degree in this field. 

The scope of financial management is huge as it allows people to obtain in-depth knowledge of finance and capital market scenarios. These courses include a detailed study of the finance industry, an analysis of the financial report of a company, balancing the risk along with the profitability, choosing healthy investment portfolios, and forecasting the economic trends in the country. One can choose to specialise in taxation, hedge funds, asset management, or risk management. This can help one work for various public or private sector companies or start one’s own business making a career in finance management the most sought-after in recent times. 

Skills Required for management in financial services-

  • Strategic skills
  • Adaptability
  • Tech Savy nature
  • Strong communication skills
  • Industry-specific knowledge 
  • Analytical capabilities 
  • Mathematical proficiency
  • Problem-solving and organisational skills

Reasons for the hype around management in finance- 

  • Dynamism in the industry- The financial sector is always one step ahead compared to the other industries in the world. The financial and capital markets are becoming more and more globalised with the introduction of new laws, rules, and technologies. It is expanding rapidly into newer exciting directions. As the boom increases the number of jobs in this sector, there is a hunt for efficient and text-savvy employees with better technical skills and qualifications. This is the reason behind more people flocking to management in financial services.
  • Fast-paced challenging jobs- The finance industry provides fast-paced, challenging, and exciting jobs which are lucrative to job seekers. Candidates must keep up with the fast-paced workload.  Sometimes work requires constant analysis of the problem and fixing of complex issues, you need to come up with solutions instantly. If you are someone who loves challenging tasks, has a great problem-solving capacity, and thrives in such tasks then this career is for you. The finance sector requires constant upgradation of technical skills therefore people are getting enrolled in management programs.
  • Immense growth opportunities- If you want a career with clear choices, you should consider a career in finance. Since there is a boom in this rapidly growing industry, the opportunities are endless. Once you get a sufficient amount of experience, you can plot a career map and work towards it and decide which way you want to opt. One of the best things about this industry is no matter where you end up – investments, stocks, risk management, auditing, there is always a scope for growth with clear progression routes.
  • Affordable degree- The way one can progress in their career depends majorly on the degree one has. A degree in financial services and capital markets is quite an affordable one. It doesn’t mean that one has to sell an arm or a leg to pursue it.  One can always look for scholarships offered by the institute to make things easier. One can also try to get educational loans from banks which can be helpful to fund the course. These facilities make this field lucrative because affording the degree becomes easier. This degree also has a great rate of return as one can earn much more than they spent on it after they have a successful career in this rapidly expanding industry. 

Best programs for management in financial services-

To get more and more students enrolled in this management program, many short-term courses have opened up that gives you the required training. Often, these are not fruitful and fail to deliver the promised results. They don’t help you pick the right skills or guide you through the programs or provide superficial half-baked knowledge. 

One of the best courses in management of financial services is provided by Imarticus. Learn financial services and capital markets from their esteemed program in this field. Their Advanced Management Program in Financial Services and Capital Markets provides one with peer learning and networking. It is a 6-month course in a collaboration with IIM Lucknow, An extremely engaging mix of different learning methodologies such as live lectures, masterclasses by industry speakers, capstone projects, live online training, and simulations as a teaching pedagogy which is used by them is extremely helpful for students.

The advanced curriculum followed helps one hone their skills, get up to date with the current trends in the industry, and in-depth learning in all spheres of finance. IIM Lucknow’s Advanced management program in Financial services gives you executive alumni status as well. All in all, this can be your dream course, if you want to pursue management in financial services from one of the best business schools in India. 

Conclusion

Management in financial services and capital markets is the norm these days as a lot of people are taking it up as a career option. There is a lot of scope in this field as one can opt for diverse career choices specialising in various sectors according to one’s skill. To upgrade one’s skills, one should get enrolled in a short-term course so that they are well acquainted with the tips and tricks of finance and trading in capital markets. Thus, choosing the right course that provides one with the necessary guidance is of utmost importance. A proper management course can make or break the entire preparation. This can prove to be helpful if one is planning a successful career in finance. 

Digital Onboarding Solutions | Onboarding In 11 Steps

Posted on by Imarticus Learning

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.

workplace etiquette

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.

Posted on by Imarticus Learning

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.

workplace etiquette

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

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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.

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