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Digital transformation in the insurance industry: innovation revolutionizes business model

mjvinnovation

The new consumer places high expectations on the products offered by insurers, which demands a combination of speed, transparency, convenience and technology. Technical provisions totaled R$ 820 billion and assets exceeded, for the first time, R$ 1 trillion, “says Leal. New technologies revolutionize the customer experience.

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How Chief Innovation Officer (CINO) may replace the traditional Chief Information Officer (CIO)

hackerearth

The 2018 Gartner CIO Agenda Survey demonstrates that technological innovation and digitalization are changing the way CIOs work. Technological advances necessitate CINO roles. When the Internet arrived 20 years ago, it necessitated roles such as the Chief Technology Officer (CTO) and Chief Information Officer (CIO).

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Mapping the customer journey is the top driver for digital transformation

Paul Hobcraft

A recent Altimeter report “ the 2016 State of Digital Transformation ” discusses these problems, along with many others. With the runway for disruptive technologies still ahead (e.g., The vital map of the customer journey. There is some real catching up taking place to justify any transformation.

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11 female innovation leaders share their definition of innovation

Idea to Value

In 2016, I wrote the article What is innovation? As one of the world’s top experts on innovation and growth, Rita’s work is regularly published in the Harvard Business Review. I think it’s also a concern when I hear about innovation being used purely in reference to technical developments, as that is just one potential application.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

In the course of this first month of 2016, I was asked a couple of times what my prospects are for the year ahead when it comes to key innovtion issues. Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models.

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Building the Core Competencies for Innovation

Paul Hobcraft

For me, the bedrock of innovation is built upon competencies, capabilities, and capacities and all these involve people as well as technology. The entrepreneurial skill set is how much agility, flexibility, change, risk taking, new knowledge, and expertise is gained and then applied to solutions pursued, that builds confidence.

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Reinvention: Accelerating Results in the Age of Disruption

Innovation in Practice

Leaders must change before they have to, and they must enable their organization to surf the incoming global shockwaves with intelligence, agility, strength, and command.”. “When they do, leaders and organizations can actually accelerate performance,” adds Sweetman. It’s no longer enough to change when you have to.