Selfdrvn Business Development Director, Fong Kam Ling and General Manager, Francis Goh were at Plug and Play Fintech Selection
SelfDrvn has been selected to be part of Plug and Play Fintech’s Singapore Final Selection Week that took place from 26-28 August. Francis, the general manager of SelfDrvn pitched a 5-mins and 1-minute Q&A and eventually, SelfDrvn won in the selection process.
SelfDrvn participated in events and meetings within conjunction with Plug and Play Fintech Selection Week and the major highlight on 26 August. We stayed throughout the week as we were one of the 10-12 start-ups selected for the final program.
What is Selection Week?
Fintech Plug and Play Tech Centre and their corporate partners in APAC, along with the Plug and Play Ventures team, underwent an extensive round of shortlisting, in line with exploring potential business opportunities, partnerships, and investment opportunities with SelfDrvn. The Selection Week include Selection Day (26 August) in which SelfDrvn pitched to our corporate partners. The Fintech Plug and Play Tech Centre sent C-Suite and senior executives which have decision-making capabilities in terms of working with start-ups and executing pilot projects. A 1:1 deep dive and deal flow sessions with SelfDrvn and corporates in exploring business opportunities are also other efforts that were initiative.
This event connects the best start-ups from around the world to APAC’s largest financial and insurance institutions and several more major financial institutions.
SelfDrvn operates as a single digital solution to engage, reward and retain talents for great organization growths. Now it is a proud moment for us as our immense efforts have been recognized for the 2nd consecutive year under the Employee Experience category for the Gartner Hype Cycle for the Digital Workplace, 2019.
What is Gartner 2019 Hype Cycle Report?
Figure 1. Hype Cycle for the Digital Workplace, 2019, Source Gartner
The Gartner’s report summarizes three themes about the future of work as it underpins the digital workplace leaders:
- A strong core collection of application whereby employees allocate most time in the coming decade at least. Key emphasis are on collaborative work management, content collaboration, workstream collaboration and meeting solutions.
- The Employee Experience impacts several technologies, most of the time via vendors’ dedication to simplify and ease the usage and is fundamental to digital handiness. Some examples are internal talent marketplaces and Employee Experience Tech (EXTech).
- Enablement practices are a mixture of technologies and services developed to assist the workforce cultivate the ability and ambition to further integrate technology especially relevant for data scientists and developers.
SelfDrvn, sample Vendor in the Employee Experience Tech (EXTech) Platform category
Benefit Rating: High
Market Penetration: 1% to 5% of target audience
Employee Experience technologies are a varied combination of solutions created to enhance and influence organizational culture and Employee Experience. Two disciplines, behavioral economics and positive psychology are the core focus to maximize Employee Experience in line with organization values and business goals. SelfDrvn has been actively involved in enhancing Employee Experience within the digital space. One of the areas that SelfDrvn has been emphasizing is the emerging future of work which is one of the ultimate demand and emphasis at this point of time. As a practice we highly incorporate Employee Experience principles in our application and solution designs.
According to Research VP, HCM Technology Transformation at Gartner, Ron Hanscome, “In contrast, EXTech solutions and product features seek to increase adoption, engagement and performance through such elements as recommendations, nudges, mindfulness, and connecting workers to others as well as to common purposes. This concept (originally covered by “worker engagement platforms”) has appeared in various disciplines such as gamification, social responsibility, wellness, industry-specific WFM solutions, and social recognition tools”.
SelfDrvn integrative and interactive SaaS platform gives clients data-driven and actionable insights to effectively manage employee engagement in which it encourages talent recognition, rewards positive behaviour and achievement with appreciation badges, points and various levels. Furthermore, it integrates gamification allowing an effective feedback system to help you build trust, cultivate leadership, and include your team in decisions that elevates your company.
In SelfDrvn some of our approaches include but not limited to ongoing simulation, gamification, feedback, mentoring and coaching, employee motivation and encouragement, digital learning, healthy competition, team synergy and participation in social activities social recognition and personalization. In other words, our solution strongly supports multiple activities in ensuring positive employee experience. We create quick wins for employees to experience the benefits from our solutions and it improves the quality of multiple communication and engagement at workplace.
Business Impact vs Employee Experience
There has to be a robust and positive correlation between business impact and employee experience in order for business to taste success. Motivating and empowering employees is nowadays a fundamental task. SelfDrvn adopts various solutions and techniques to upkeep an ever-improving experience that drive motivation and engagement, thus add value to business performance and outcomes leading towards an agile culture in organization. This further supports the Employee Value Proposition (EVP) aiming at improving business and individual performance can help to improve the overall employment value proposition over time by better integrating Employee experience organization’s branding and goals.
As positive and strong impact on Employee Experience is a definite success for business and employee growth and retention. As almost all organizations are striving towards this goal, we play a significant role in championing Employee Experience across various businesses and industries. As the digital era is moving faster than the lightning speed, we have a stronger role to play in ensuring success for all clients and partners.
SelfDrvn was established in 2015 by our CEO, Lam Mun Choong — an entrepreneur with a background in software engineering and a passion for understanding human sciences. Our mission is to enable a world where employee wellbeing is the key to company success. We want to help companies develop a thriving workplace culture that can build great employee engagement, recognition, retention and performance. So we’ve designed a SaaS (Software-as-a-Service) platform that can help organisations improve engagement with their employees and customers through effective communication, gamificationand behavioral analytics. Our product is part technology, part psychology, and part process. We believe that positive empowerment and people-centred strategies are the keys to building a successful business.
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