No insurance company has yet completed a digital transformation—one that fully harnesses the power of digital technology to rethink every aspect of the organization. But a number of carriers are making remarkable progress, indicating the direction others should take. (PDF-2 MB) The future of insu...
Digital transformationis the fundamental rewiring of how an organization operates. The goal of a digital transformation, as outlined in the new McKinsey bookRewired: A McKinsey Guide to Outcompeting in the Age of Digital and AI(Wiley, June 20, 2023), should be to build a competitive advantage ...
An example of reviewing your marketing capabilities using the McKinsey 7S framework The McKinsey 7S model is a useful framework for reviewing an organization’s marketing capabilities from different viewpoints. Developed by Tom Peters and Robert Waterman during their tenure at ….. Marketing models Esse...
Jan 7, 2025 2025 is all about digital wallets, tokenisation and crypto Fintech I got a whole load of payments predictions for 2025 … just a shame that it was no one paying me! Seriously though, a lot of people shared a McKinsey report that focuses upon this area, released around Sibo...
Here’s the kicker: McKinsey says AI tech could create$4.4 trillion of valuein marketing and sales worldwide. That’s serious cash. 1.Jasper AI Jasper AI has come a long way since its early days as a simple writing tool. In 2025, it’s now a full-fledged marketing copilot that does...
Research from the McKinsey Institute shows that for every 10% increase in data enhancement, GDP per capita rises by 0.5–0.62%. Oliner and Sichel [15] believe that informationization contributed to almost two-thirds of the labor productivity growth in America in the 1990s. With the rapid iterat...
rapidly adjusting digital strategies in response to market changes, clearly defining employee roles and empowering employees. The consultancy firm McKinsey conducted a survey in 2018 and summarized five key factors in a successful digital transformation: leaders who understand technology, the training of ...
Digital transformation and interventional models - McKinsey digital transformation frameworks vs. Center for Creative Leadership Direction - Alignment - Commitment approach. An initial reviewFecioru, Corneliu-OvidiuManager (University of Bucharest, Faculty of Business & Administration)...
10. A main driver for the transformation of business models (McKinsey) 11. Needed to support the shift to intelligent customer experiences (Tata Consultancy Services) 12. The use of state-of-the-art technologies for better performances, higher productivity, and lower costs (ITI) ...
1. Digital transformation: The three steps to success, McKinsey —https://www.mckinsey.com/business-functions/digital-mckinsey/our-insights/digital-transformation-the-three-steps-to-success 2. Esteban Kolsky: What is an Experience Continuum (and how do I get one)? —https://www.mycustomer.com...