Business

The World Economic Forum predicts that by 2025, half of all employees globally will need to learn new skills or enhance existing ones to keep pace with these advancements. Goldman Sachs warns of AI potentially replacing hundreds of millions of jobs, while a report by the McKinsey Global Institute projects that by 2030, approximately 14% of workers worldwide may need to consider changing careers due to the impact of digitisation, robotics, and advancements in AI. As technology evolves, upskilling is crucial for career growth and success. Musty Mustapha, Managing Director of Kuda Microfinance Bank, stressed the urgent need for new skills and embracing change during his keynote address at the Africa Fintech Foundry Ecosystem Roundtable 5.0. Here are five ways you...

Effective crisis management is crucial in navigating financial storms. This guide explores strategies for preparing, communicating, and recovering from crises in the financial sector, emphasizing the importance of proactive risk assessment and transparent communication. Effective crisis management in finance often requires a solid educational foundation, which can be found on platforms like http://immediate-helix.com, offering guidance through financial turbulence. Preparing for the Storm: Crisis Management Strategies Preparing for a financial storm requires a strategic approach that encompasses various key elements. First and foremost, financial institutions must conduct thorough risk assessments to identify potential vulnerabilities and assess the likelihood of different crisis scenarios. This involves analyzing market conditions, regulatory environments, and internal factors that could contribute to a crisis. Once risks are identified, crisis management teams...