AAR2303. Innovation as a Core Value: Embedding Creativity in Your Employee Benefits Practice

This straightforward presentation explores the practical side of merging team dynamics with technology. Understand why a balanced focus on both people and tools is essential for better outcomes. We'll dive into cultivating an empowering culture, promoting curiosity, leveraging diverse perspectives, making the most of existing technology, and welcoming new tech advancements. This talk is especially beneficial for those looking to enhance team collaboration and technology utilization in a realistic and actionable way.

Learning Objectives:

• Identify two key areas of focus for maximizing the impact of innovation: people/culture and technology/tools.
• Apply strategies to create a culture of empowerment, experimentation, and diversity of thought in their teams.
• Identify insights into maximizing the utility of existing technology and continuously upskilling your team.
• Determine some new technologies that are relevant for employee benefit plan audits, such as AI and LLMs, and their potential benefits and challenges.
• Analyze some practical applications of new technologies for ERISA audits.