Connect with us

Enterprise News

Synechron’s Engaging Employees in a Competitive Job Market

Avatar

Published

on

Synechron Inc. announced its commitment to increasing engagement and positive employer experiences as Synechron passes the halfway mark through to its Employee 2020 employer promise.

The Employee 2020 initiative marked Synechron’s commitment to building human capital management and organizational development programs that reinforce five key areas: ambition, empowerment, responsibility, innovation, and a limitless drive for excellence. Ultimately, nearly half of HR leaders cite employee retention and turnover as their top workforce challenge, followed by recruitment and corporate culture management, and 78% of HR leaders are more concerned about the talent shortage today than they were a year ago. With the competition for talent rising, Synechron is taking steps to create opportunities for a new generation of employees.

To create an environment that encourages Ambition, Synechron has focused on three key areas: Leadership programs, Skills-based trainings and Reward & Recognition initiatives. Over the last year, the company has launched a new, global Executive Leadership Forum bringing together the top-most management to set corporate and regional strategies; launched a NextGen Leadership Forum to recognize and reward top talent in business, support and emerging technology roles and an intensive; and created an innovative Java Full Stack Fast Track training program to upskill developers – with over 100+ trained in the newest technologies like Angular, React, Big Data, and more.

As a private company that continues to invest in R&D and Innovation, Synechron hosted local and global Hackathons, supporting collaboration and innovation across regions, with 192 participants across 66 teams and five winning teams across the globe. Synechron also has expanded its infrastructure and expert teams with three new Financial Innovation Labs (FinLabs) opened in 2018 in Paris, Serbia, and Singapore as well as an update to its Amsterdam FinLab. Synechron’s Singapore FinLab was recognized by Fintech Singapore as one of the top 28 in the region and most recently, drove Synechron’s global Wealth Tech Accelerator and training program.

To Empower our 8,000+ strong employees and embrace a people-driven culture, Synechron has inaugurated Women/Gender Networks across the US and UK, providing training, mentorship, and reinforcement of diversity & inclusion (D&I) priorities. Key initiatives have included a social awareness campaign for Women in Science, Technology Engineering and Math (STEM), participation in WomenHack Hackathons and recruitment events, a global sponsorship with Girls in Tech and industry initiatives such as Women in Tech and Women in Blockchain roundtables. Additionally, Synechron has launched new communities in the UK for well-being, LGBTQ affinity, and Corporate Social Responsibility (CSR). Moreover, given that building an employee onboarding program improves new hire retention by 82% and productivity by over 70%, Synechron has created a new global induction framework to transition smoothly into the business and assimilate into the company culture.

As a Responsible organization, Synechron has put in place programs to give back formally to the communities where we live and work. A new CSR framework focused around key areas such as health & wellness, sustainability, and social causes has been put in place. With 89% of workers at companies that support well-being initiatives more likely to recommend their company as a good place to work, Synechron has implemented new social and wellness programs such as stand-up and cycle desks, Peloton bikes, and monthly well-being events, including yoga and SoulCycle sessions. Sustainable initiatives include establishing a Sustainable Finance Center of Excellence (COE) in Amsterdam, implementing a zero-food waste and recycling initiative in Amsterdam, and a establishing a partnership with Reforest’Action in Paris to plant trees for every client project win, with a commitment to plant at least 2000 trees in 2019.

Supporting our ambitious employees with a Limitless Drive for Excellence has resulted in many rewards and recognitions. Over 400 employees globally were nominated for Synechron’s internal Surpass Awards in the last year, with 300 winners across the globe. Synechron also conducted over 720+ trainings across the US, UK, India and the UAE in 2018. Trainings included areas such as Java, DevOps, AI and Data Science, Project Management, Soft Skills, and other areas, with employees receiving certifications in CSM, Cloud Computing, Pega, Java, Microsoft, and more. Synechron also has participated in external training programs, such as Generation Success Speed Mentoring and partnerships with Westminster University for mentoring underprivileged students and Singapore Polytechnic to develop Blockchain courses to encourage innovation amongst students to support the future workforce.

John Gaunt, Chief Human Resources Officer at Synechron stated, “A recent study found that 92% of employees said positive workforce experiences mattered the most to them, while 66% said being valued and recognized came was the most important aspect of employment. This is why it is so important to create a commitment to current and prospective employees. I am proud of what we have achieved since the launch of Employee 2020 and look forward to continuing to provide new opportunities in the next year and to transform into a futuristic organization.”

Faisal Husain, Co-founder and CEO at Synechron stated, “People are the most important part of our business. I am glad to see new opportunities extended to our remarkable team of Synechronites. This is especially significant, to keep Synechron as a great place to work, and is why we have been recognized with two consecutive Business Intelligence Best Places to Work Awards for 2018 and 2019, and the Silicon Review Best Place to Work Award in 2018 Award. This is all because of the limitless opportunities and innovation we provide our employees locally and globally and will continue to expand upon in the next year.”

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Enterprise News

Tata Tele business service hosts a Successful discussion with CXOs for resilience & business growth in Post COVID world

Avatar

Published

on

By

Tata Tele Business Services (TTBS), hosted CXO Round Table Discussion with industry leaders on building a new mindset for business resilience and growth. The discussion centered around Respond, Reboot and Reinvent as key imperatives; with large Enterprises reinventing their business models as they continue to respond effectively to the aftershocks of the crisis.

 While the potential requirement for many organizations is to build digital competency, the larger goal is to be data-driven and leveraging the cloud capabilities. Moreover, witnessing variable cost structures, agile operations, and automation which could create stronger capabilities with digital presence and security.

According to an IDC report, ‘By 2022, 70% of all organizations will have accelerated use of digital technologies, transforming existing business processes to drive customer engagement, employee productivity, and business resiliency.’

Industry representatives such asUpkar Singh, Director IT, Fidelity Information Services India Ltd., Raj Neravathi – Head of Technology, Titan, Yogesh Kothari – Sr. Vice President, Quatrro Business Support Solutions shared their expertise upon business agility, examples from their professional career and how they are successfully driving the digital transformation journey for their organization.

Addressing the session, Mr. Shibhu Davies, Sales Head – North and East, Tata Communications Ltd. said, “There is a plethora of technology available in the market, understanding the most suitable one for a particular business is the key factor. To thrive in the next normal, companies must be data driven to make critical and timely decisions. While there is an uptick in the businesses investing in data and nimble technologies like cloud and AI, many are still struggling to maintain momentum. Businesses need to get out of cultural obstacles, address data privacy and governance challenges to enhance their degree of business transformation.” 

Elaborating further on increasing adoption of Cloud communication, Mr. Shibhu Davies explained, “Cloud Communication suite like Smartflo being offered by Tata Teleservices are inherently designed for a digital or hybrid environment and is well-equipped to deal with the growing overlap between digital technology and enterprise operations. Besides enhanced efficiency and operational flexibility, it offers more robust security to your business with a pre-configured unified threat management system.”

Mr. Upkar Singh, Director IT, Fidelity Information Services India Ltd said “Covid has created an unprecedented impact across all regions – organizations that are flexible both from technology and operational perspective have been able to RESPOND in time, REBOOT their functions and are now REINVENTING result oriented approach”

Mr. Raj Neravathi – Head of Technology, Titan said, “During times of catastrophes, leadership plays a very important role in adoption to change. Composure, calmness, honoring and supporting every internal and external stakeholder through thick and thin helps revive business and defines leadership by example.” 

Mr. Yogesh Kothari – Sr Vice President, Quatrro Business Support Solutions said, “Challenges that enterprises are facing in the current times is resistance to change. There is a lack of vision for creating a digital journey for the customer and technology know how for their business” 

Highlights of discussion: 

Challenges in Technology Adoption 

The key challenges faced by enterprises for adopting new technologies extend both towards the changing customer experience along with employee pushback. Merely purchasing and implementing a solution in response to a localized issue does not equate to technology adoption and agility. Organizations are considering two key points, recognizing and responding to the shifting trends in consumer behavior and avoiding the initiatives that target specific issues.

The post-covid world has led to unexpectedly increased customer readiness towards trying new channels for interacting with businesses. 

Organizations adopting to technology, lead to driving changes strategically through an ongoing process where being receptive to changing consumer trends helps in the formulation of effective roadmaps. These roadmaps can then be used to build better value propositions by leveraging the right technological advancements, leading to business growth and benefits.

Role of Leadership In Bringing Organizational Change

Leadership plays a very critical role while dealing with catastrophes. From healthcare solutions to virtual classrooms, from facilitating remote work and learning, from re-imagining online business models and digital revenue lines, to stepping up the cyber security, organizations are working on new challenges.

The pandemic has accelerated transformation multifariously for businesses in India. Organizations are re-imagining their business models, relooking at talent management strategies, and fast-tracking digitalization efforts to be more resilient to disruption. 

Organizations are simplifying and enhancing their IT landscape, architecting systems for integration, balancing operational and capital expenses using the cloud. Investments are being made towards intelligent systems that provide incremental learning abilities. 

Technology Investments for a Digital Future

Over the last couple of months, it has become increasingly evident that digital adoption is not negotiable. Having the right technology to power up digital strategies is fundamental in today’s business world. It is a business requirement without which organizations are not able to grow in a rapidly evolving market landscape.

A good business continuity solution that delivers digital workspaces to access critical applications, have accelerated the performance of organizational applications on remote connections. With right platform and solutions clubbed with excessive trainings, organizations have managed to continue with their operations without major loss in productivity or efficiency.

Digital technologies have caused a shift in customer expectations, resulting in a new kind of modern buyer. Today’s consumers are constantly connected and aware of what they can do with technology. Bringing the employees up to speed to cater to the new age customers has been one of the key form of investments for various organizations. 

Respond, Reboot and Reinvent – The New Mindset for Growth

Organizations have taken immediate actions focused on keeping people safe and essential business functions operating. This has been relatively marked with high effort and possibly chaotic activity.

Organizations are adopting to the wholistic approach, recognizing evolving customer demand, channels of information consumption, building continued incremental intelligence including technology that provides agility. Agile decision making and strategy setting by enterprises have outsized performance and established a lead over the competition that sustains long after the initial disruption. By reinventing themselves, organizations have learnt to conduct operational processes and workflows in new, repeatable, and scalable ways.

Key Takeaways

  • Gaining New perspectives, relooking at business models and embracing new models of harnessing technology have become business priorities.  
  • Reinvent on an ongoing basis to build an agile, adaptive & resilient enterprise for a sustainable future. 
  • Uninterrupted connectivity between all stakeholders, internally within employees and externally with customers and vendors across platforms and touch points is of critical importance.

Continue Reading

Networking

Bharti Airtel Announces 5G Ready Network

Avatar

Published

on

By

In a major landmark, Bharti Airtel (“Airtel”) announced that it has become the country’s first telco to successfully demonstrate & orchestrate LIVE 5G service over a commercial network in Hyderabad city.

Airtel did this over its existing liberalised spectrum in the 1800 MHz band through the NSA (Non Stand Alone) network technology. Using a first of its kind, dynamic spectrum sharing, Airtel seamlessly operated 5G and 4G concurrently within the same spectrum block. This demonstration has emphatically validated the 5G readiness of Airtel’s network across all domains – Radio, Core and Transport. 

Airtel 5G is capable of delivering 10x speeds, 10x latency and 100x concurrency when compared to existing technologies. Specifically, in Hyderabad, users were able to download a full length movie in a matter of seconds on a 5G phone. This demonstration has underlined the company’s technology capabilities. The full impact of the 5G experience, however, will be available to our customers, when adequate spectrum is available and government approvals received.

Gopal Vittal, MD & CEO, Bharti Airtel said: “I am very proud of our engineers who have worked tirelessly to showcase this incredible capability in Tech City, Hyderabad today. Every one of our investments is future proofed as this game changing test in Hyderabad proves. With Airtel being the first operator to demonstrate this capability, we have shown again that we have always been the first in India to pioneer new technologies in our quest for empowering Indians everywhere.” 

“We believe India has the potential to become a global hub for 5G innovation. To make that happen we need the eco system to come together – applications, devices and network innovation. We are more than ready to do our bit.” added Gopal Vittal.                  

Continue Reading

Networking

Airtel Xstream Fiber Rolls Out Gigabit Wi-Fi Experience

Avatar

Published

on

By

Bharti Airtel (“Airtel”) has kicked off the New Year with some exciting news for customers with the launch of hyper-fast Wi-Fi experience. 

Airtel Xstream Fiber customers can now enjoy 1 Gbps data speeds over Wi-Fi and no longer have to be constrained by a dedicated LAN cable. The Airtel Xstream Fiber Rs 3999 plan now comes with a complimentary 1 Gbps Wi-Fi router to go with unlimited data quota and massive bundled content.  

The highly advanced 4×4 Wi-Fi router, will enable seamless 1 Gbps Wi-Fi coverage across Homes and Small Offices. This will unlock a great experience for online gaming and animation and for work or study from home with large number of concurrently connected devices. Small Offices will be able to deploy multiple high speed connections for applications such as stock trading and online collaboration that requires reliable high speed connectivity with zero downtime.      

Says Vir Inder Nath, CEO – Homes, Bharti Airtel: “Reliable high speed connectivity is a lifeline in today’s digital first world and Airtel is proud to be at the forefront of India’s broadband revolution. A key ask from our customers was liberation from the LAN cable to enjoy the 1Gbps experience and we are delighted to make that happen.”        

Airtel Xstream Fiber’s 1 Gbps broadband plan at Rs 3999 also comes with a complimentary Airtel Xstream Box that offers 550 TV channels and OTT content from the Airtel Xstream app library that includes over 10,000 movies & shows aggregated across 7 OTT apps and 5 studios. It offers subscription to premier video streaming apps such as Amazon Prime Video and ZEE5, all accessible through the Airtel Xstream Box.

Airtel is India’s largest private sector broadband service provider with presence in over 150 cities. 

Continue Reading
Advertisement

Trending

© Copyright 2021, All Rights Reserved @ Telecom Today