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Wall Street banks opt for greater automation for grunt work to retain talent

HR Digest

Banks now insist on weekend offs, no excessive overtime, and greater use of technology for routine work. Wall Street banks are trying to automate as much grunt work as possible to save the younger bankers from feeling overwhelmed. Headcount in the banking industry is likely to get reduced, aided by technology.

Banking 95
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The Optimist’s Telescope: Thinking Ahead in a Reckless Age

Leading Blog

At a Stanford Director’s College in 2016, Roger Dunbar, chair of the Silicon Valley Bank, told Venkataraman that “when he hears company executives or board members responding to short-term noise with outsize reactions, he likes to pretend he is lost. It helps too to look past typical metrics to see what is actually happening long-term.

Long-term 223
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5 Steps to Build a Disruption Proof Business Model

Great Leadership By Dan

Banks, by Paypal, Venmo, and ApplePay. But you need the right culture for this approach, the right metrics (hint, the main KPI isn’t topline revenue) and the right resources. Taxis by Uber & Lyft. Hotels by AirBnB. You need a cushion of cash to allow you to focus on the long term.

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Why Leaders Need to Think More Like Professional Gamblers

Leading Blog

O NE OF the unfortunate side effects of living in an age of accelerating technology is having to deal with increased uncertainty. After graduating from the University of Oxford with a physics degree, he went into securities trading, first at Yamaichi International and then at the Bank of America.

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What can you do with a software engineering degree?

Strategy Driven

Software engineering jobs deal with very varied fields of computer science, which also apply to a wide spectrum of fields, such as business, scientific research, medicine, production, logistics, banking, meteorology, law, networks and much more. Here’s what you need to know about the prospects of your software engineering degree.

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Loyalty vs. Tenure | N2Growth Blog

N2Growth Blog

These companies have placed themselves far behind the technology curve because tenured managers hire employees with obsolete skill sets and together they create mediocre solutions. I want metrics that mirror experience. Walking into these organizations is often like traveling back in time 20 years. Tenure is too qualitative.

Loyalty 419
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Should a Woman Act More Like a Man to Succeed at Work?

Great Leadership By Dan

The research shows that men are 16 percent more inquisitive than women, possibly due to their tendency to gravitate towards STEM (Science, Technology, Engineering and Mathematics) careers that reinforce inquiry. Industries with a moderate representation of women leaders include: food, banking and telecommunications services.

Diversity 120