Morgan Stanley Expands OpenAI-Powered Chatbot Tools on Wall Street
Investment bank Morgan Stanley has taken a significant step towards integrating artificial intelligence (AI) into its trading …
For decades, if not centuries, every successful business has understood that its most valuable asset is its employees. Because of the seismic transformations taking place, businesses today more than ever before in the history of the workplace must have a thorough understanding of what their employees want and need. The most important stakeholders are the companies’ employees as they develop flexible and hybrid working methods. Companies are using employee experience (EX) platforms as a result to ascertain their opinions.
EX platforms combine all necessary resources and staff into a single online platform. They are not new. However, in the era of hybrid work, centralized and easily accessible support for remote workers has increased the significance of EX platforms. EX systems essentially consolidate a vast array of resources, from annual leave administration and employee benefits to onboarding and training materials. You should be able to quickly learn about everything from maternity policies, business values, and strategy, to forthcoming social activities, thanks to an accessible internet portal.
Employees run the risk of becoming overworked and overburdened with information, with personal resources buried. Employers should consult their employees about the resources that will be most helpful to them before streamlining and properly signposting offers in order for EX platforms to fulfil their intended function of making support accessible.
It is important to realize that EX is not a platform for employee engagement or human relations. Since each company is unique, the experience must be specially created for their particular goal, for that particular group of individuals, and for that particular situation. An EX platform, which transcends departments, is the conceptualization or perspective of those important issues.
Cross-border groups have become more prevalent as organizations expand their talent pools to include the top individuals from around the world. But in the end, a digital solution is the only way we can keep that close-knit network when employees are hundreds of miles apart because people still long for connection and engagement.
EX platforms serve as an organization’s internal social media platform by establishing a single, readily available digital area where users can view internal communications, collaborate, and connect with others from throughout the company. Additionally, they promote chances for learning and growth, make it simple to access policies, and inform staff members of key updates and events.
Beyond the community, EX platforms offer other benefits. Businesses are utilizing these platforms to enhance high-performance cultures by granting additional freedom and autonomy. In addition, a diverse and engaged staff greatly enhances customer experience and results, thereby boosting company credibility.
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