A team from McKinsey has provided five fundamental do’s and don’t’s of scenario planning, along with a cheat-sheet that helps managers become more aware of, and learn how to avoid the common pitfalls effective scenario planning. You can also pick-up a separate eight-step scenario planning…
Digital masters continually evangelise the business value of digitally enabled business models. and provide stakeholders with an agile investment roadmap. But what will it take to create your digital business model? and what does your digital capability framework look like?…
As HSBC announces its plan to cut 25,000 jobs, underpinning that announcement is the bank’s ambitious plan to generate $5 billion in transformational cost savings, some of which is expected to come from a $1 billion injection into a digital and automation programme. Discover how the bank’s…
While some companies are killing innovation without knowing it others such as IBM and Samsung have led 2015 with over 6,000 patents between them. In our rapidly changing world, thousands of mighty corporations are taking a shortcut to the digital graveyard as they rest on their…
As start-ups continue to bite into the survival of global organisations, another wave of start-ups is coming to crush the big banks. And while the UK’s banking capital sits at the #1 spot in the top 15 list of Europe’s biggest startup cities UK tech start-ups are expected to…
Many new CEOs are now expected to lead the transformation of their new ship whether that involves a profound change in strategy, business model, organisation, culture, people, or processes. Small Change is no longer enough to survive. While there’s more than one way to transform a company, this…
The topic of Leadership is one that always sparks energised conversation filled with opinions as broad as a barn door. On this occasion, McKinsey’s Leadership Development Practice gathered a group of well-respected experts to answer the question, “is leadership timeless?” and a series of other questions such as,…
Listen to how a simple yet powerful mnemonic, SADBET, can help others understand the framework for how projects should be governed. Even FIFA’s corporate governance could learn a thing or two from this little mnemonic!…
In days of old, costly advertisements, PR and highly sought after press coverage were the main voices of corporate brands, and companies were in control. But the world has changed and the brands can be both built and destroyed through social media that costs nothing. Now when employees express opinions across social…
When strategy defines a direction and innovation defines the exciting unknown, how can you combine the two? And even if you only devote 1% of time to innovation, does your team have the right innovation capabilities? or do they just feel they can be innovative because it’s a fun and…
The ERP era saw countless companies implementing ERP technology because “they believed they needed the technology”. This resulted in an extraordinary rate of failures because there was little if any focus on the business, and it was all about technology. The same is happening with Digital as countless digital transformation experts…
Huge numbers of employees complain every day about their leaders lack of transformation, but many sail on and put up with their company’s mediocrity. If you seriously believe you know better than your leaders, get out there and do it. Gone are the days when a person needs a small fortune…
Kayak Managing Director Nicolás Scafuro has also worked at Netflix, Ask.com and others. Listen him talk about creating value through innovation.
Millennials are those born between 1980-2000, and their ages currently range from 15-35. No matter what Internet-related business we are in, Millennials are our most important demographic and understanding these people who are changing the game is critical. Regardless how much older generations think of themselves, these Millennials are the people…
The need to understand new technology capabilities is no longer exclusive to the CIO’s organisation. Leaders across all lines of business must also stay abreast of digital trends, innovation and business transformation and collaborate with the CIO who should help them achieve business goals via a journey of digital enterprise transformation. But…
The word ‘Innovation’ conjurs up different definitions for different people, and while most companies proudly announce how innovative they are, many are yet to do any truly innovative. But most people do at least agree that it’s good to be an innovator. Take a glimpse into the global state of innovation and download the…
Large initiatives involving multiple vendors are challenging and require world-class management to get multiple success factors right. Many of these initiatives go badly wrong, pouring million$ down the drain and generating unwelcome negative press about a company’s failed efforts. So are vendors more trouble than they are worth? On a positive note, with…
Too many companies are vulnerable to embarking on a digital enterprise transformation with the core focus on wanting certain digital technologies and then figuring out if and how they will add value to the firm after they have kicked off a project or programme. This smacks of the backward…
Imagine sitting back on your flight using the window next to you as a tablet computer. Airbus has already filed a patent for its smart aircraft window. Imagine the disruptive business impact on opticians, but the immense positive impact on millions of the world’s underprivileged who face going…
Large companies typically have one transformation success case somewhere, but transforming the entire company to a whole new way of working is what most struggle with. McKinsey’s Edwin van Bommel describes how organisations can quickly develop digital capabilities. He explains what it takes to deliver rapid results, the three Ds of…