to achieve the organizational vision and strategic goals? and this boils down to one single factor that makes the difference – viz., talent. today management itself has come to mean how to attract talented people, how to nurture them, how to develop them and to give them the necessary space indeed, when it comes to human resources, it is a great humbling factor - the best of knowledge workers who have ready answers for just about every technical issue are necessarily humbled when it comes to human resources. when we deal with humans, there are questions, issues and concerns – but no ready answers, no quick fixes, no instant remedies. it is thus with humility, but humility combined with a will to succeed that we can approach any human resource subject. the purpose of human resource management is essentially to enhance the efficiency of the organization, to allow and indeed nurture the personal growth and well - being of the staff and to create a facilitating environment and an organizational culture that removes impediments and irritants and fosters a feeling of pride and belonging – an internal brand building. the first and primary concern is thus organizational efficiency - traditionally hrm addresses this issue by putting in place hr systems that address issues of recruitment, placements, training and capacity building, performance appraisal and finally what is broadly grouped under the rubric - compensation, rewards and recognition. in laypersons terms the questions that we ask are – are we recruiting the right people, are we placing them as per their strengths, are we correctly assessing their training needs, are we assessing the efficacy of training, are we having a succession plan, do we have objective systems for performance appraisal and finally are we compensating, rewarding and recognizing the performance of our human capital? issues of personal growth and well - being are important as these not only contribute to a more healthy work environment but can be effectively harnessed to help align personal goals with organizational goals. it implies an approach where the organization attempts to build upon strengths of its human capital combined with appropriate placements where we can harness individual passions and energies into fulfilling organizational objectives. finally, it is important to sensitize ourselves to the fact that hr functions and systems are here to facilitate and not to impede. an organizational culture that fosters trust, openness fairness and what is alluded to in institutional economics as a ‘ security of expectations ’, goes a long way in employee satisfaction and a congenial atmosphere

alessandra perrazzelli : steering the transition to a quantum - safe world. an internationally coordinated approach keynote speech by ms alessandra perrazzelli, deputy governor of the bank of italy, at the g7 conference on " building the quantum safe financial system : what role for authorities and for the private sector? ", rome, 24 september 2024. * * * introduction good morning and a very warm welcome to this important workshop on how to build a quantum - safe financial system. * i would like to start by thanking prof. cirac sasturain and all the participants in the panel sessions for their insightful and thought - provoking contributions. let me extend my gratitude to all the speakers, panellists, and attendees who have travelled from near and far to come here in rome. your presence and contributions are vital for the success of this workshop. i am confident that through our collective expertise and collaboration in the remainder of the workshop we will succeed in laying out actionable outcomes for steering the financial system's transition towards a quantum - safe world. quantum computing, as already noted by many speakers this morning, has the potential to revolutionize the financial system. thanks to its unparalleled processing power and innovative capabilities, quantum computing can bring about a paradigm shift from the current'digital economy'to a new era of'quantum economy '. such shift encompasses unseen opportunities along with significant challenges for global financial markets, including – in particular – unbalanced access to technology and cybersecurity threats, which we must address with foresight and in a spirit of collaboration. as central banks and financial supervisors, we recognize the importance of striking a balance between steadfastly embracing technological changes on the one hand, and retaining a more cautious approach on the other, in light of the objective of safeguarding the stability, security, and integrity of our financial systems. it is part of our duty to promote and actively participate in the discussion on how to ensure the financial system's transition to the quantum era in the safest possible way, considering the limitations of current technology. quantum computing, while potentially threatening our system for secure communications, will also be instrumental in developing the solutions to restore resiliency in our financial system. in fact, quantum computing is bound to generate an unprecedented combination of opportunities, risks and uncertainties, which must be managed carefully in order to avoid market inertia and fragmentation, and to sustain an orderly and efficient transition to a quantum -