We keep our ear to the ground for the interesting stats, insights and discussion points you need to feel in the know.
1. Survival of the Adaptable
Business landscapes are being transformed at an unprecedented rate and for companies to thrive it’s survival of the most adaptable. Disruptions in the market are no longer the exception, they’re the new normal. In a few short years, the business environment has become more complex; changes are coming faster, they are more interconnected and concurrent. While most corporate leaders recognize the changing tides, only half feel they truly grasp the intricacies of these risks. Complexity is the cool new kid on the block. So, how do we respond? How can we recompose our strategies, our operations, and our assumptions in this brave new world? To thrive in this environment, leaders will rethink — questioning assumptions, practices and incentives at both the organizational and the individual level…
In a complex world, how can rethinking everything bring you more clarity?
2. Shaking Up Banks, Not Stirring
From sci-fi movies to the mainstream world, quantum computing takes a leading role in banking. In the latest James Bond flick, the iconic character, Q, has been replaced by none other than a quantum computer, signifying the rising prominence of quantum computing in the mainstream, notably banking. Banks globally are sensing the game-changing potential of quantum technology and discussing its double-edged sword features. On one side, harnessing the power of quantum computers could mean super fast processing of vast amounts of data. This would be a boon for banks – a sector flooded with data and a need for quicker, deeper insights. Quantum could introduce radical transformations from corporate finance to resource allocation and personalized services. However, a darker side lurks. If quantum power falls into the wrong hands, it could potentially undermine the entire secure banking system, leading to catastrophic losses. The arrival of quantum computing is potentially game changing, but no one has yet managed to scale quantum computers for use in practical applications…
3. Reshaping Retail
Think online shopping could get any easier than clicking «add to cart»? Generative AI is set to break into the consumer industry, streamlining everything from your purchasing decisions to how you interact with your favorite brands. From curating your shopping lists to recommending new brands or styles for you to try, GenAI will crucially change consumer behaviors as adoption influences more areas of their lives, giving companies new ways to engage with them. Consumers won’t necessarily notice these changes; instead, digital technologies are likely to become ubiquitous and invisible, embedded into applications that guide consumer behaviors and support frictionless engagement with retailers and brands, taking the company and consumer relationship to new heights. Brands and retailers face a risk-and-reward paradox as they balance the business opportunity and where best to create value, with managing governance needs…
How GenAI changes the way CPG and retail operate — and consumers too
4. Master the Digital Transformation
Universities are grappling with the complexities of digital transformation throughout their institutions – staff and students alike. Exacerbated by the residual turbulence of the pandemic, staff especially are suffering from change fatigue. If universities want the digital shift to work, they must invest as much in their people as they do in new technology. To combat a university’s structural and cultural resistance to transformation, leaders need to constantly support the people at the center of change. What will you do to inspire and enable people to get behind you and continually work toward your transformation vision? The full recipe for successfully leading a university through change lies in these 6 steps…
How universities can keep people at the center digital transformation
5. Prescribing AI
Healthcare executives are both intrigued and wary when it comes to artificial intelligence for health given its potential to improve health care delivery and the unique challenges around privacy, bias and trust. Interviews with global healthcare executives found that only 36% of respondents had assessed how to manage the risks associated with AI. The survey showed that many people are wary of AI, but 66% of healthcare CEOs said work needed to be done to combat the ethical and criminal risks associated with the technology. Health executives and clinicians across the globe highlighted the importance of building out governance and skill sets that will enable the organization to balance the risks and rewards of AI. As health organizations develop their AI and GenAI strategies, there are five key considerations for health executives…
How to build a foundation in AI to accelerate health transformation