Stanbic IBTC Bank Plc, a member of Stanbic IBTC Holdings, yesterday, in Lagos, organised Workplace Banking Seminar, aimed at finding the right models to anchor human capital development to achieve corporate success.
In his opening remark at the evnt with theme, ‘The Future of Work and the Role of Human Capital’, Chief Executive, Stanbic IBTC Bank, Dr. Demola Sogunle, said employee experience, just like customer experience, is imperative to drive corporate success, adding that workers therefore must be sufficiently motivated, engaged and empowered.
Guest speaker at the event, Mr Boye Ademola, noted that the whole essence of digital application is to create intrinsic value. Any technology that does not generate value is worthless. Besides, value cannot be created without commensurate talent.
Ademola, who is Partner & Lead for Digital Transformation Technology at KPMG, stated that the future of work has three crucial dimensions: workforce, workspace and work culture. These three elements are critical to attract the millennials, who would constitute the bulk of the future workforce. Nigeria for instance, has over 90 million of its population under 30 years of age and as the population increases, they would naturally trigger change. Already, the average age of millennial CEOs is in the 30s. In meeting the demands of the future, there is the need for a paradigm shift from today’s work structure. Critical factors to drive this change include focus on value creation, agility, co-creation, co-option of millennials and appropriate operating models.