It is becoming increasingly essential for companies to understand and address the effects that externalities can have on their social license. The latest McKinsey Global Survey on environmental, social, and governance (ESG) issues asked more than 1,100 respondents in more than 90 countries how their organizations are rising to this challenge. Survey respondents who report [...]
In the circle of strategy consultants, the STRIMgroup is a niche. […]
Leveraging data automation to drive digital transformation […]
The new i4cp study "2022 Priorities & Predictions. C-Suite Perspectives from i4cp's Boards" summarizes a lot of familiar things on paper. With regard to CHROs, one point seems worth mentioning: Next Practices. i4cp defines next practices as strategies that strongly correlate to better market performance but are currently in limited use - typically by high-performance [...]
In a declining global economy, the return on investment from digital transformation is an urgent question that needs to be answered. […]
Following BaFin's policy paper, the European insurance supervisory authority Eiopa has also published guidelines for dealing with artificial intelligence (AI). AI applications help to process customer inquiries and claims more quickly. But insurers must ensure fairness and freedom from discrimination. A group of experts for digital ethics has therefore formulated six central principles and wants [...]
About a year ago the BMI Lab posted a very interesting blog post. We would like to reproduce this in excerpts below. A business model consists of four dimensions: (WHO) is the target customer and what his/her needs, (WHAT) is the value proposition and with the help of which products and services is it generated, [...]
For a long time, reskilling and upskilling were mainly used in Anglo-Saxon corporate cultures and tech circles. In the past 18 months or so, they became common. Various specialist magazines dealt with this in detail over the past few months: Upskilling and reskilling stand for forward-looking, systematic forms of further training. They are gaining in [...]
The Conference Board C-Suite Challenge™ 2021 examines the issues business leaders say are keeping them up at night in 2021. CEOs cite the COVID-19 virus, vaccine availability, and changing consumer buying behaviors as the key potential game changers in 2021. Despite some good news — including modest growth expectations for the global economy — they [...]
The BCG consultants Ringel, Baeza, Panandiker and Harnoss published the study "The Serial Innovation Imperative. The most innovative companies 2020". Facing turbulent and fast-changing markets, innovators need a well-tuned innovation system that can spot emerging product, service, and business model opportunities—and then rapidly develop and successfully scale them—over and over again. Successful serial innovators get [...]
