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The Great Leadership Transformation: Fortay.ai Launches Inclusive Leadership(TM) Development Tool to Boost DEI and Organizational Success

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Toronto, Ontario–(Newsfile Corp. – January 12, 2023) – Fortay, the Team Success platform has recently launched its ​​Inclusive Leadership™ Development Tool designed to create a more inclusive workplace, advance DEI (Diversity, Equity, and Inclusion) progress and increase organizational growth. The factors of high turnover, team performance impact, lower wellbeing, and survey data from exit, engagement and DEI surveys, provide an opportunity for new innovative approaches to transform leadership development and corporate culture.

“With all the heightened focus on DEIB in recent years, we all expected to see sustainable and lasting progress but the numbers tell an opposite story. More than ever, employees are leaving for more inclusive companies for greater wellbeing and mental health and how organizations show up for The Great Leadership Transformation is imperative,” explains Fortay CoFounder and CEO, Marlina Kinnersley. “For success, organizations need to prioritize the employee experience with a focus on inclusive leadership feedback, to enable the change and results employees and employers need.”

Fortay 

Inclusive leadership

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Inclusive leadership is the daily practice of addressing biases, discrimination, and inequities, and cultivating a psychologically safe work environment for all employees to feel valued, respected, and supported for high performance and organizational growth.

Fortay’s Inclusive Leadership Approach

Fortay’s new Inclusive Leadership product is driven by the central idea that the strategic goal of growth requires inclusive leaders and teams. 

The platform’s proprietary holistic approach is “people-first and science-backed” to achieve maximum business results and increase overall organizational performance, leading to greater success. Fortay’s Inclusive Leadership Assessment has a high degree of reliability and validity, as it was developed using a multi-phase, scientifically validated approach, meeting the standards of both science and practice. 

“The future of work is inclusive. Progressive businesses that develop this critical capability of inclusive leadership are the ones who will succeed and grow,” continued Kinnersley. “When you prioritize inclusion and rely on employee feedback to measure inclusive behaviors from your management team, you’ll be able to drive lasting behavioral change at your organization.”

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The Fortay Inclusive Leadership product is a multi-use assessment, performance, and development 360 multi-rater tool that helps leaders gauge their inclusiveness across three critical dimensions – Continuous Growth, Foster Belonging, and Empowerment. The central aim is to measure leader behaviors that enhance employees’ perceptions of deep integration into the social environment in the workplace while providing necessary support through a lens of identity-related consideration. Inclusive leaders practice effective leadership for improved engagement, problem-solving, collaboration, employee retention, and innovation.

Fortay’s Inclusive Leadership Product Capabilities

The Inclusive Leadership multi-rater assessment provides personalized insights and detailed recommendations and resources for future improvement and development, benefiting leaders and managers, their teams and organizations.

Leaders learn what inclusive behaviors their team members have observed, which ones they have not and help identify any leadership perception gaps. Organizations benefit by understanding who needs support where, who is most likely to be an effective leader, and the gaps in their leadership development program. Most importantly, investing in proactively developing inclusive leaders demonstrates a deep commitment to build an inclusive workplace culture that will help attract, develop and retain top industry talent.

Organizations looking to learn more about the Inclusive Leadership product and how Fortay can help develop effective, inclusive leaders and managers while improving the employee experience to retain top talents can reach out to the Fortay team.

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About Fortay

Fortay.ai, The Team Success Platform, is a leading enterprise EX platform that helps forward-thinking organizations build diverse, healthy, high-performance cultures for organizational success. With a revolutionary, holistic, human-centered approach, Fortay empowers companies to drive better business, talent, and growth outcomes via powerful modern research and advanced technology. Backed by over 7 years of innovation and patented technology, Fortay’s suite of outcome-driven products has helped collect millions of actionable data insights to improve the employee experience, diversity, equity, inclusion, & belonging progress and business outcomes.

Learn more about how Fortay can help in the creation of an inclusive and renowned employee experience for team and organizational success at fortay.ai.

Contact information

Fortay.ai Media Relations Team
[email protected]
www.fortay.co

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/150975

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

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Glidelogic Corp. Announces Revolutionary AI-Generated Content Copyright Protection Solution

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Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them

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The financial landscape is rapidly evolving, with the integration of blockchain technology and cryptocurrencies becoming more prominent. Among these, Ethereum ETFs (Exchange-Traded Funds) have emerged as a significant investment vehicle, offering exposure to the Ethereum blockchain’s native cryptocurrency, Ether (ETH), without requiring direct ownership. However, it’s crucial to understand that Ethereum ETFs are distinct from the blockchain itself and serve different purposes in the investment world.

Understanding Ethereum and ETFs

Ethereum: A decentralized platform that enables the creation and execution of smart contracts and decentralized applications (dApps). It operates using its cryptocurrency, Ether (ETH), which fuels the network.

ETF (Exchange-Traded Fund): A type of investment fund that holds a collection of assets and is traded on stock exchanges. ETFs can include various asset classes, such as stocks, commodities, or bonds.

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Ethereum ETFs: The Intersection of Traditional Finance and Cryptocurrency

An Ethereum ETF provides a way for investors to gain exposure to the price movements of Ether without directly purchasing the cryptocurrency. This is achieved through an ETF structure, where the fund holds assets linked to the value of Ether, and investors can buy shares of the ETF on traditional stock exchanges.

Key Features of Ethereum ETFs:

  1. Indirect Exposure: Investors gain exposure to Ether’s price changes without needing to manage or store the cryptocurrency themselves.
  2. Regulatory Compliance: Unlike the relatively unregulated cryptocurrency market, ETFs operate under the oversight of financial regulators, offering a layer of investor protection.
  3. Accessibility: Ethereum ETFs are available through traditional brokerage platforms, making them accessible to a broader range of investors.

Why Invest in an Ethereum ETF?

  1. Diversification: Including an Ethereum ETF in a portfolio can provide exposure to the cryptocurrency market, potentially enhancing diversification beyond traditional assets.
  2. Convenience and Familiarity: ETFs are a familiar investment product, simplifying the process of investing in cryptocurrencies.
  3. Professional Management: ETF managers handle the investment decisions, including the buying and selling of assets, which can be advantageous for those less familiar with the cryptocurrency space.
  4. Regulatory Oversight: ETFs are subject to regulatory scrutiny, potentially offering more safety and transparency compared to direct cryptocurrency investments.
  5. Potential for Growth: As the cryptocurrency market grows, ETFs linked to assets like Ether may benefit from rising prices.

Key Differences Between Ethereum and Ethereum ETFs

While both are related to the Ethereum blockchain, Ethereum itself and Ethereum ETFs represent different forms of investment:

  • Ethereum (ETH):
    • Direct ownership of the cryptocurrency.
    • Full exposure to Ethereum’s features, including staking and network participation.
    • Traded on cryptocurrency exchanges.
    • Highly volatile and largely unregulated.
  • Ethereum ETF:
    • Indirect exposure through shares representing Ether’s value.
    • Traded on traditional stock exchanges under regulatory oversight.
    • Offers a more stable and familiar investment structure.
    • Typically lower volatility compared to direct cryptocurrency ownership.

Future Considerations for Ethereum ETFs

The approval and launch of Ethereum ETFs mark a significant milestone in bringing cryptocurrencies closer to mainstream finance. They offer a convenient and regulated means for investors to gain exposure to the growing digital assets market. However, they also come with limitations, such as not allowing direct participation in the Ethereum ecosystem’s innovations, like dApps and smart contracts.

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As the market evolves, we may see more sophisticated financial products that better capture the full potential of the Ethereum ecosystem. For now, Ethereum ETFs provide a balanced option for those interested in cryptocurrency exposure within the framework of traditional finance.

In conclusion, while Ethereum ETFs offer a gateway into the world of digital assets, they should be viewed as complementary to, rather than a replacement for, direct investment in the underlying blockchain technologies. Investors should carefully consider their investment goals, risk tolerance, and the unique attributes of both Ethereum and Ethereum ETFs when making investment decisions.

Source: blockchainmagazine.net

The post Ethereum ETFs Aren’t Blockchain But Is A Revolutionary Tech: Top 6 Amazing Reasons To Invest In Them appeared first on HIPTHER Alerts.

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Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance

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Nexo, a leading institution in the digital assets industry, has reinforced its commitment to data security by renewing its SOC 2 Type 2 audit and attaining a new SOC 3 Type 2 assessment without any exceptions. This rigorous audit process, conducted by A-LIGN, a respected independent auditor specializing in security compliance, confirms Nexo’s adherence to stringent Trust Service Criteria for Security and Confidentiality.

Key Achievements and Certifications

  1. SOC 2 and SOC 3 Compliance:
    • SOC 2 Type 2: This audit evaluates and reports on the effectiveness of an organization’s controls over data security, particularly focusing on the confidentiality, integrity, and availability of systems and data.
    • SOC 3 Type 2: This public-facing report provides a summary of SOC 2 findings, offering assurance to customers and stakeholders about the robustness of Nexo’s data security practices.
  2. Additional Trust Service Criteria:
    • Nexo expanded the scope of these audits to include Confidentiality, showcasing a deep commitment to protecting user data.
  3. Security Certifications:
    • The company also adheres to the CCSS Level 3 Cryptocurrency Security Standard, and holds ISO 27001, ISO 27017, and ISO 27018 certifications, awarded by RINA. These certifications are benchmarks for security management and data privacy.
  4. CSA STAR Level 1 Certification:
    • This certification demonstrates Nexo’s adherence to best practices in cloud security, further solidifying its position as a trusted partner in the digital assets sector.

Impact on Customers and Industry Standards

Nexo’s rigorous approach to data protection and compliance sets a high standard in the digital assets industry. By achieving these certifications, Nexo provides its over 7 million users across more than 200 jurisdictions with confidence in the security of their data. These achievements not only emphasize the company’s dedication to maintaining top-tier security standards but also highlight its proactive stance in fostering trust and transparency in digital asset management.

Nexo’s Broader Mission

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As a premier institution for digital assets, Nexo offers a comprehensive suite of services, including advanced trading solutions, liquidity aggregation, and tax-efficient credit lines backed by digital assets. Since its inception, the company has processed over $130 billion, showcasing its significant impact and reliability in the global market.

In summary, Nexo’s successful completion of SOC 2 and SOC 3 audits, along with its comprehensive suite of certifications, underscores its commitment to the highest standards of data security and operational integrity. This dedication positions Nexo as a leader in the digital assets space, offering unparalleled security and peace of mind to its users.

Source: blockchainreporter.net

The post Nexo Reaffirms Commitment to Data Protection with SOC 3 and SOC 2 Compliance appeared first on HIPTHER Alerts.

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