Blog

Reuters event is hosting a free to attend webinar on how to Enrich Auto Product Development Innovation With Fresh New Data (December 20^th, 10.00 Central US time). Register here

New and available data for Auto carriers is transforming the very definition of insurance. Product development that utilizes this data has never been more important and striking the balance between value for customers and carriers will be paramount if carriers wish to survive this period of change.

“There has never been a m

Status quo talent strategies no longer work for high performing organizations. Old models no longer work. It does not anymore meet the needs of the global workforce.

HR Strategies are out of step with the way work is conducted. Jobs that are structured around a 9 am to 5 pm Monday through Friday workweek is considered inconvenient and counterproductive. Training focuses narrowly on skill building not on aligning talent capabilities with strategic objectives. Career development does not reflect th

Functional organizations are facing dramatic changes. Businesses are becoming more focused around capabilities and demand leaders of functions to play a more strategic role. With a less stable environment and more intense competition, a premium is put on agility and flexibility with an increased emphasis on performance results. In effect, functions are pressured to boost operation excellence while reducing costs.

But given the day-to-day transactional needs of business and the long-range in-depth

In the increasingly competitive business scenario, the end-to-end customer experience and delight has become a new area, which no one can afford to neglect. It is of paramount importance to deliver superior services with differentiated experience while aligning with the ever-changing customer preferences and needs.

Likewise, technology has changed the way organizations manage relationships with customers. While companies may argue this new reality, we cannot refute the fact that consumers are inc

Have you ever seen a house and thought…I wish I could afford that? Some people actually try it, but let this story be a lesson learned: if you can’t afford the cost of a house, you probably shouldn’t try to buy it.

Pamela Chandler was arrested and now faces forgery charges after she tried to purchase a home with a million-dollar price tag. How did she do it? She used false documents. Chandler, who also goes as Pamela Goldwyn, was arrested by a special Financial Crimes Task Force in Bossier City,

Workplace safety tips—you’ve heard tons by now, and they’ve probably told you what you know or what you’re already doing. Although this topic has been discussed many times before, workplace safety shouldn’t be taken lightly—especially by people in leadership. We interviewed experts across various industries and summarized their advice into 5 workplace safety tips:

1. Never assume the safety of your workplace

Every 7 seconds, a worker is injured on the job.

Atty. Brett Holubeck practices labor and e

You and your colleagues may often talk about what disruptor is just over the horizon. You might talk about AI, machine learning, robotics and someone will throw in a comment about “big data”. You might discuss how there is so much hype around future disruptors but little real action. But still, there is an inkling that there is a disruptor for your industry not far away. The problem then is, what might it be?

A big part of the problem is that you are so damn busy with the current challenges and o

Change happens so slowly yet so suddenly. The way our lives have changed over the past few decades are testament to how fast things can change. We have technologically advanced more in the last 100 years than in any other 100 years in all recorded human history. Everything we do has changed, yet it is hard to pin down when the change occurred. We cannot really pinpoint the date when it became normal to shop for things over the internet instead of going to the store.  

The same is true for cellpho

In today’s exponentially disrupted business environment, incremental improvement is not enough. It is not enough to win today. We have to be able to continue to evolve today and in the future.
In the world of unprecedented disruption and market turbulence, Business Transformation today revolves around the need to generate new value. We need to unlock new opportunities, to drive new growth, and to deliver new efficiencies.

Yet, the reported failure rate of large-scale change programs has hovered a

Effective Succession Planning in Family Business has been redefined in the 21^st century.

The Family Business sector continues to be vibrant, successful, and ambitious. This, despite tough economic conditions and accelerating pace of change.  Family firms are vital to all economies.  It offers stability, a commitment for the long term, and a responsibility to their communities and employees.

However, despite the extraordinary longevity of individual family firms, the average life span across the se

In an age where customers are demanding their Insurance Carrier be more like Amazon or PayPal with a smooth, touchless customer experience, Insurance Carriers face multiple obstacles to satisfying this demand. Chief among them is the overwhelming multitude of technologies available to reach that touchless claims goal.

77% of insurance carriers will invest in automation in the next few years to achieve seamless claims. The incredible potential to leverage technology stretches across the claims la

In an era of digital business and rapid technology change, virtually no company can ignore the imperative to innovate. Failing to do so is an invitation to lose business.

To learn how companies are responding to this mandate, PwC conducted a major global study in 44 countries. The goal was to understand how leaders view innovation and what is being done to reap its rewards. Findings showed that companies are struggling with aligning innovation efforts with business strategy. Companies across a wi

You might be surprised to know that more than 3.4 billion fake emails are sent around the globe each day. What does this mean? It means that almost every company out there is vulnerable to cybercrimes in the form of “spoofing” and “phishing.” On top of this, most companies out there have not protected themselves from this type of cyber attack. What’s even more interesting is that the vast majority of these emails are not coming from some foreign land, but they are coming from sources based in th

Formulating a Capabilities-Driven Strategy (CDR) is easy, but the execution is difficult, especially in turbulent times. This is not the time to find a cave and hibernate until the economic storm passes. It is unlikely that the storm will pass anytime soon. Capabilities-Driven Strategy is the only way to remain equipped for perpetually stormy weather.

Companies need to take care or build those capabilities that are genuinely needed and not those that do not serve our customers. Capabilities do no

LONDON, 22 NOVEMBER 2019: Insurance leaders to join Insurance Nexus to discuss strategies to successfully implement insurance technology, Wednesday, December 11, 10am EDT.

It is generally now accepted that for insurance, innovation is a ‘must-have’, rather than a luxury. To attract and retain consumers today, to remain competitive and efficient in business, Insurance companies are increasingly turning to the growing number of technological solutions on the market, such as AI, chatbots, automation

The global artificial intelligence in agriculture market (on the basis of product offering) is segmented into software, hardware, AI-as-a-Service, and support services. The software segment dominated the global artificial intelligence in agriculture market in 2018 and is anticipated to maintain its dominance in market size throughout the forecast period (2019-2024) with hardware and AI-as-a-Service experiencing higher growth rates.

Browse the Complete Report: "Artificial Intelligence in Agricultu

There are many things that occur to disrupt you. From what I am seeing from my travels across the private, public and not-for-profit sectors, right now one of the biggest disruptors is the dreaded restructure. There are so many restructures at the moment it is really f#(%ing with a whole lot of people’s heads. Hence a “refructure” phenomenon.

Why so many restructures at the moment? Is it because the whole world has changed? The Trump, China, climate change and AI phenomena have been with us a whi