{"id":44301,"date":"2021-07-10T08:45:13","date_gmt":"2021-07-10T00:45:13","guid":{"rendered":"http:\/\/www.upgrademag.com\/web\/?p=44301"},"modified":"2021-07-10T08:45:17","modified_gmt":"2021-07-10T00:45:17","slug":"people-focus-key-to-enterprise-recovery-growth-in-next-normal-allianz-pnb-life","status":"publish","type":"post","link":"http:\/\/www.upgrademag.com\/web\/2021\/07\/10\/people-focus-key-to-enterprise-recovery-growth-in-next-normal-allianz-pnb-life\/","title":{"rendered":"People-focus key to enterprise recovery, growth in \u2018next normal\u2019 \u2014 Allianz PNB Life"},"content":{"rendered":"\n

While the world hopes for more stability and economic growth in 2021, the road to recovery from the global pandemic remains challenging. The next normal is undoubtedly going to be different, and the global economy will surely be full of major transitions.\u00a0<\/strong><\/p>\n\n\n\n

In this year\u2019s Asia Entrepreneurship Forum (AEF), several business leaders shared what it takes to not just recover, but transition towards long-term development.<\/p>\n\n\n\n

According to Allianz PNB Life CEO Alexander Grenz, their success lies in their agility. \u201cAgility is our ability to rapidly adapt as a response to what changes around us\u2014our environment, our industry, and so forth. It’s very difficult to maneuver huge enterprises into new directions, so we should go deeper to understand what drives and enables agility,\u201d he said.<\/p>\n\n\n\n

Digitalization built by and around a diverse and well-trained workforce made speedy recovery possible for Allianz across the Asia-Pacific region just months after the pandemic started.\u00a0<\/p>\n\n\n\n

Locally, Allianz PNB Life has since then expanded by 67% amid the pandemic. By bringing quality insurance online and making it more accessible to younger clients, the company was able to hit record-breaking sales in the first quarter of 2021.<\/p>\n\n\n\n

The virtual forum held last June 30 was hosted by the Asia Pacific Enterprise Awards (APEA), the most prestigious regional award recognition program recognizing entrepreneurial excellence. With the theme \u201cGreat Reset: Towards a Sustainable Recovery,\u201d it gathered the region\u2019s key thought and business leaders from various fields to explore and share strategies on readying their organizations for the \u201cnext normal.\u201d <\/p>\n\n\n\n

Grenz, along with two other senior executives specializing in building innovative social enterprises emphasized the value of putting people at the heart of the organization while keeping with the times. <\/p>\n\n\n\n

Sam Wong, ASEAN Markets Leader for Ernst & Young Singapore, talked about prioritizing people over technology. \u201cOur processes [and] our technology in place is centered around our people to enable [them] to be more productive. [It’s] not about just generating more work, it’s also generating more capacity to change at the individual level,\u201d he said. \u201c[We do] a lot of sharing, investment, [and] training for our people.\u201d <\/p>\n\n\n\n

Martin Chee, General Manager for IBM ASEAN, advised on the importance of inclusivity and harnessing the full potential of the up and coming workforce. \u201cThe disruption can come from somewhere you don\u2019t expect because everybody has new capabilities,\u201d he said. \u201cThe talent we have out there is immense.  [They] are the ones who will drive us to the future.\u201d<\/p>\n\n\n\n

Meanwhile, Grenz attributed human-centered enterprise to the cultural aspect of belonging and working towards a common goal. \u201cWe need to build a culture where people feel safe, empowered, and trained and prepared [as a team] for what’s ahead,\u201d he said. <\/p>\n\n\n\n

He added that design and customer-centric thinking, along with hiring people from different backgrounds, are key to empowering their workforce.<\/p>\n\n\n\n

Asked on their next moves in the next normal, Grenz shared, \u201cIt\u2019s about fast decision-making. We have to take risks, to possibly fail as well, and to adapt on the way forward.\u201d<\/p>\n\n\n\n

Future-forward, Allianz PNB Life aims to soon complete its digital ecosystem and welcome fresh talents to further grow the organization. It also continues to align with Allianz Group\u2019s global agenda to achieve a fully sustainable investment portfolio and net-zero carbon emissions by 2050.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

In this year\u2019s Asia Entrepreneurship Forum (AEF), several business leaders shared what it takes to not just recover, but transition towards long-term development.<\/p>\n","protected":false},"author":6,"featured_media":44302,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[7081,4157,7097,2727],"class_list":["post-44301","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","tag-covid-19","tag-insurance","tag-insurance-industry","tag-technology-adaption"],"_links":{"self":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/44301","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/comments?post=44301"}],"version-history":[{"count":0,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/posts\/44301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media\/44302"}],"wp:attachment":[{"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/media?parent=44301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/categories?post=44301"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.upgrademag.com\/web\/wp-json\/wp\/v2\/tags?post=44301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}