Top priorities and action fields in 2022
The first few weeks of the new year are over. We have arrived in the year 2022. What are our priorities? Where are we still looking for the right way? […]
Digitization is coming – strategy too?
I´ve read and heard a lot of times in the last few months: The pandemic has accelerated digitization. The examples then given in this context may all be correct. I ask myself the question: Are these examples just born out of necessity, or is there a strategic concept behind them? […]
Business Models in the Insurance Industry and the Role of Data (Part 4)
An important aspect of business models are processes or more specifically supply chains, which, according to Porter, are “a collection of operations, through which a product is designed, produced, distributed, delivered and supported”. In the end, it is about upholding a value proposition! […]
Business Models in the Insurance Industry and the Role of Data (Part 2)
This blog entry concerns itself with the impact of the digital transformation on business models in general and the role of data specifically. I will discuss the meaning of a data-driven business model, the benefits of the implementation of one and the obstacles one has to overcome in the process. […]
Strategy Execution: Review 2020 and Outlook 2021
In the middle of Advent 2020 – the corona pandemic still has us fully under control, Christmas shopping is mainly at Amazon – the review of the year that is ending also begins. In this post I look back on projects in large and medium-sized companies, industry experiences – mainly services, energy, industry, as well [...]
Restructuring: A Sustainable Turnaround by Means of Personnel Measures
With the restructuring of a company good and bad news often go hand in hand: while layoffs and adjustments in customer and product segments are often the case, a company after a properly executed restructuring achieves lasting sales and profit increase and creates new jobs. […]
How can strategy execution succeed? (Part 1/2)
Two new articles deal with the demands that are necessary for the implementation of strategies to be successful. There is no guarantee of success, there is also no “one size fits all” approach. This makes it all the more important to know and experience from practice that can be used as a guide. [...]
Business Models in the Insurance Industry and the Role of Data (Part 1)
Due to new challenges, business models have to be continuously questioned and adjusted. First, the actual concept of business models has to be examined. After that, the current set of facts should be evaluated and finally, one should look at possible courses of actions in corporations − in our case, insurance companies. […]
What makes a good strategist
Strategic thinkers are lackware. When it comes to strategy implementation, the air becomes even thinner. It is therefore all the more important to deal with core ideas about strategy implementation and to act on the basis of evidence. […]
What´s the right balance between strategy development and execution?
With this blog post we would like to draw your attention to an interesting contribution by Aad Boot, which focuses on the balance between strategy development and implementation. […]