Crafted Thoughts Blog

One month on from the launch of PSD2, who are the winners?

Author The CraftPosted on Categories Change Consultancy, Strategic DifferentiationTags , , , , ,

In the recent report, ‘Thinking like a Financial Institution’, we examine the main challenges faced by Financial Institutions in the technology-enhanced 21st century. One of the main challenges sited in the report is regulation, specifically Open Banking/PSD2 – a regulation forcing Financial Institutions to open up their data systems to third parties. This blog will … Continue reading “One month on from the launch of PSD2, who are the winners?”

Building a compelling proposition around digital transformation.

Author The CraftPosted on Categories Proposition Development, Strategic Differentiation, TransformationTags , , ,

We’ve recently considered the following questions in relation to Digital Transformation. Click on the link the review our previous posts. What does transformation mean? How is transformation being implemented by businesses? Where have businesses reached on the digital transformation journey? By thinking about these three questions as a collective, we’ve developed some acid test points … Continue reading “Building a compelling proposition around digital transformation.”

Where have businesses reached on the digital transformation journey?

Author The CraftPosted on Categories Strategic Differentiation, TransformationTags ,

Not all organisations are in the same position on the journey towards a fully transformed digital state. As you’d expect, the question of where businesses are on the digital transformation journey is a very mixed picture: Many are aware of digital transformation, but haven’t pursued what to do about it. Some have adopted digital as … Continue reading “Where have businesses reached on the digital transformation journey?”

How are businesses implementing digital transformation?

Author The CraftPosted on Categories Strategic Differentiation, TransformationTags , ,

Understanding where your enterprise customers and target accounts are placed along their unique journey of digital transformation can give considerable advantage when used to tailor your message and become more relevant than the competition. Usually, transformation is led by the C-suite with IT supporting their digital ambitions. This means digital transformation and the ideas of … Continue reading “How are businesses implementing digital transformation?”

3 common challenges manufacturers face that IT vendors often overlook

Author The CraftPosted on Categories Proposition Development, Strategic DifferentiationTags , , ,

Putting yourself in the position of your customers to truly understand their challenges is key to planning how to engage them. Without this perspective, opportunities to adjust or correct the approach can easily be missed. Here are three challenges that global manufacturers commonly face that their existing and would-be suppliers regularly overlook: Challenge 1: Protection … Continue reading “3 common challenges manufacturers face that IT vendors often overlook”