Strategy / Vision

Latest

• Five theses for successful digital transformation

  The example of GKB shows well that a digital transformation is only successful if it is accompanied by a cultural transformation. GKB is the pioneer of digital transformation in the industry. And this is no coincidence. Rather, through a systematic development of leadership and culture, the bank has developed a commitment, trust and change capability that now enables it to implement digitalization at speed. This also shows that for successful digitization, no cultural measures can take effect as fringe or superficial ad hoc actions. Rather, digitization is only successful if it takes into account the deep structures of the company and goes beneath the surface. It is also important to strengthen the digital skills of employees. If all this happens, the digital transformation will quickly become a success. However, all companies that quickly "buy in" to a cultural transformation on the surface or with a few measures will not have this success. The decisive factor is a process of authentic transformation and the right cultural mindset in the company.

  Strategy / Vision•Prof. Dr. Heike Bruch•29 Jul 2022•10 minutes

  

• The Future of eMobility - Is Electromobility inevitable?

  The electrification of transport is inevitable. This is not a question of if, but when, given the pressing challenges we face in terms of climate change and air quality. The big question is: what will the future hold for eMobility? Will it overcome the hurdles that remain and become the dominant form of transport?

  Industrial Manufacturing & Industrial Goods•Aric Dromi•28 Jul 2022•5 minutes

  

• Guide on starting and scaling platforms - The challenges of growing networks

  The challenge of starting and growing networked platforms is big. But they also pose one of the most interesting business models in the digital world by leveraging network effects and the possibility for expansion. So how to grow a network and how to successfully start a platform? Here is the complete guide.

  Platform Economy•Benjamin Talin•26 Jul 2022•11 minutes

  

• New Work and Retention Management in the Health Sector

  Figures show that the health sector is facing a dramatic shortage of care in the coming years and decades, which endangers the well-being of people. In order to recruit new staff and retain existing staff, improvements in working conditions are necessary, especially in nursing.

  Healthcare & Social Affairs•Dr. Dirk Sven Kircher, M.Sc., B.A.•20 Jul 2022•11 minutes

  

• Causes of inflation and 6 strategies for companies to deal with it

  It's important for businesses to understand the consequences of a contracting economy while inflation drives up prices. In this guide, you'll find an introduction to inflation and 6 strategies for dealing with inflation and changing market dynamics.

  Strategy / Vision•Benjamin Talin•23 Jun 2022•8 minutes

  

• Decentralized Autonomous Organizations (DAOs) Explained - What is a DAO and how does it work?

  DAOs are collective organizations owned and managed by their members, with everyone having a voice. Many analysts and industry insiders confirm that this type of organization is gaining importance and may even replace some traditional companies.

  Business Modell•Britta Daffner•17 May 2022•5 minutes

  

• What is Industry 4.0? - Basics explained

  The next industrial revolution is also called Industry 4.0. It is often mentioned in articles and news and discussed in many companies. What it actually means and which areas it covers, we explain to you here in this article.

  Markets & Industry•Benjamin Talin•6 Apr 2022•4 minutes

  

• Management of organizations in the era of great transformation

  This is the second article in the series dealing with the topic of the great transformation. I have already explained in detail in the first article that this is a large subject area that goes far beyond currently frequently discussed topics such as digital transformation, work 2.0, home office work and New Work. In this article, I now propose a process that I consider meaningful and promising for harmonizing your company or organization as well as possible with the challenges of our time in the purpose of a location determination and realignment. This dynamic process, which is not to be understood as a concept or model, has the goal of promoting a more holistic way of thinking, which ultimately also leads to new types of structures, processes and an image of man that is better suited to the demands of our time. In my view, this is long overdue, because time is pressing, new approaches are required, and untapped potential that has been overlooked so far should be uncovered and utilized.

  Culture•Andreas R. Belvedere•21 Mar 2022•14 minutes

  

• Era of great transformation - We are only at the beginning

  This is the first article in a series of articles dealing with the topic of the great transformation we are at the beginning of. The subject is complex, and the tasks to be solved are large and challenging. Not only because we are facing multiple changes that affect all areas of our lives. But also because there are so many of them (accumulation), which are coming at us at the same time, which have to be mastered under time pressure, and which are also closely related to one another (complexity). Digital transformation can support us in many ways in coping with the tasks ahead, but it is ultimately only one part of a larger and more comprehensive set of issues. As a first step, this article aims to show why this is the case and thus lay the foundation for further articles that propose concrete ways and approaches on how we can best prepare ourselves for the future that is not yet clearly defined. The path will ultimately be to not only anticipate our future as best we can, but also to actively help shape it based on this - as individuals, as companies and as a society.

  Culture•Andreas R. Belvedere•7 Mar 2022•12 minutes

  

• Will my innovation be a success? - 3 Methods for evaluating innovations

  Innovations are one of the key drivers for the growth and survival of companies. However, as various studies show, there is a very high probability that an innovation idea will not fulfill the goals associated with it. For example, between 70 and 90% of all newly launched products fail. Almost 2/3 of all startup investments lose money. According to a recent study by CB Insights, one of the main reasons for the failure of startups is that there was no sufficient market need for the developed solution. In view of these figures, the following will first show why the classic approach of creating a business plan is not sufficient or can even be a waste of time and resources. Subsequently, the Bayes theorem, innovation options and Monte Carlo simulations are presented as three powerful but simple methods for evaluating the chances of success of innovations in the early development phases.

  Innovation•Dr. Marcus Liehr•22 Feb 2022•13 minutes

  

• Digitization and Customer Journey in the Banking Sector

  How can banks use the technical possibilities of digitization and adapt business models, services and "customer journeys"? There are a few elements that should be considered here.

  Banking & Financial Services•Inga Schmidt•9 Feb 2022•10 minutes

  

• Data on the rise - Data as strategic resource of Organizations

  The phrase "data is the new oil" is floating around every organization and across industries. The value of data has become the focus of many C-Level executives and Senior Managers and since then companies started collecting as much data as they can. Nevertheless, it's not only about collecting and structuring data, but also about visualization and interpreting data to support fact-based decision-making.

  Data•Nicole Lontzek•31 Jan 2022•5 minutes