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Whether you call it “The Great Resignation,” “The Great Renegotiation” or “The Great Reshuffle,” the fact is that credit unions cannot ignore how talent shortages are affecting their capacity to innovate and meet the demands of members. Implementing workload automation and orchestration software is the most practical solution for credit unions facing workforce challenges, as it considerably reduces the requirement for staff to carry out repetitive, process-oriented tasks.
4 minutes Managed workload automation can help manage talent shortages in the wake of the Great Resignation by offloading repetitive tasks. Whether you call it “The Great Resignation,” “The Great Renegotiation” or “The Great Reshuffle,” the fact is that credit unions cannot ignore how talent shortages are affecting their capacity to innovate and meet the demands of members.
More than 47 million workers quit their jobs last year amid the Great Resignation, many seeking out roles that align with newfound employee expectations. The ongoing labor crisis is hitting financial institutions particularly hard – 4 out of 5 financial institutions are worried about staffing shortages, according to the Financial Brand.
In a 2010 departing memo to Microsoft employees, executive Ray Ozzie said this: “Complexity kills. Complexity sucks the life out of users, developers and IT. Complexity makes products difficult to plan, build, test and use. Complexity introduces security challenges. Complexity causes administrator frustration.” Since Ozzie’s departure, there’s no question that IT environments have grown more complex.
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