Nagad

"Psychological safety is a performance lever. Employees who feel supported are 6x more likely to be engaged and innovative." If anyone ask me to summarize core value of my entire 20 years career journey in 2 lines, these are the 2 lines I tried to believe religiously and spread to everyone. My understanding after working in 9 differrent countries and 7 different industries, productivity might go up more than 6x ... even 10x based on Industry and country if Psychological safety can be ensured. Next step...Industry wise and Country wise comparison might be Phd level research scope which will be crucial to business Founders in this AI Era. Great job done by McKinsey & Company!!!

Banking & Fintech Transformation is inevitable now. All the banks & Fintechs should be ready to implement “New Ways of Working”

PROBLEM SOLVERS , when needed suddenly become quite rare. We see many start crowding in meeting room, voicing for right cause but very few are actual PROBLEM SOLVERS. Learn how to be a problem solver in your workplace.

A financial organization is developing a new beneficiary disbursement solution for a government entity. Midway through an iteration, the government requests a complex new requirement that could significantly impact system design and disbursement flows. The requirement is not yet fully defined and requires further assessment. The schedule is tight, but the iteration goal remains valid. As the Project Manager, what should you do FIRST? A) Instruct the team to start implementing the requirement immediately B) Include the requirement in the current iteration and deprioritize other work C) Assess the requirement’s impact with relevant stakeholders before deciding next steps D) Defer the requirement to a later release to avoid disrupting the iteration Correct Answer: C) Assess the requirement’s impact with relevant stakeholders before deciding next steps. Explanation: --The new requirement may significantly impact the Disbursement workflow and operational processes. --When a requirement is unclear or complex, the project manager must FIRST assess impact and involve relevant stakeholders before taking action. --Only after assessment, the team can decide where and how to implement the change. Real Example: A financial organization was developing a government disbursement system to pay beneficiaries through digital channels. Midway through development, the government requested a new, complex payout calculation method that was not clearly defined and could affect system design. Instead of starting implementation immediately, the project manager first assessed the impact with business and technical stakeholders before deciding how to proceed. #PMP #PMPExam #Agile #Hybrid #StakeholderManagement #ProjectManagement #RequirementAssessment #ChangeManagement