Because of the process of globalization that Israel is currently undergoing, this involves building cooperation with international financial institutions rather than reducing the existing size of commercial banks. Why would this make monetary policy more efficient? Because the aim of monetary policy is to influence the public's economic decisions.
Consequently, managers are expected to implement growth strategies that enhance the appeal and growth potential of their firms and adopt more dynamic HR policies, including greater investment in human capital to foster employee development, higher compensation levels, the use of stock options, and putting in place more robust pension plans. Individuals, too, will be expected to enhance their skills to increase their added value.