Transformation infers an “end-point” transforming from one form to another like a caterpillar turning into a chrysalis and emerging as a butterfly – a fundamental transformation of structure, purpose and raison d’etre. We can’t think of one organization that has done that yet or will do at such a fundamental level. In financial services, digital … Continue reading “Digital transformation: What does transformation mean?”
Category: Change Consultancy
One month on from the launch of PSD2, who are the winners?
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?”
10 benefits and accelerators of effective digital transformation for major enterprises
So how do enterprise organisations advance quickly in a fast and dynamic marketplace? Digital transformation done quickly and effectively is key to maximising opportunities and staying ahead of the competition. Here are our top 10 benefits and accelerants of digital transformation: 1. Execute more effective leadership 2. Adopt agile operating procedures 3. Launch new products … Continue reading “10 benefits and accelerators of effective digital transformation for major enterprises”
10 challenges that enterprises face in the digital business environment
Understanding how digital transformation is evolving, and how to advance in a faster, more dynamic market, is key to maximising opportunities in a digital business environment. Here are 10 of the common challenges that enterprise organisations face: 1. Requirement for new levels of security: attackers use the same architectures 2. Agility has to be balanced … Continue reading “10 challenges that enterprises face in the digital business environment”
The differentiated CIO: 5 ways to change your context
The CIO is probably the most schizophrenic role in modern business. Struggling to balance immediate tech goals and long-term business objectives, and deal with the fact that their traditional turfs are being encroached upon by the CDO, Chief Innovation Officer, and others. Many CIOs are now at the top of the business; but to keep … Continue reading “The differentiated CIO: 5 ways to change your context”