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Disruptive Forces Impacting the Insurance Industry in 2021

ITONICS

A look at disruptive forces impacting the insurance industry in 2021 and beyond. As insurers re-engineer their offerings to find renewed resilience and stability in the flux of global uncertainty, industry leaders have the opportunity to evolve legacy environments and redefine differentiated value.

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Disruptive Forces Impacting the Insurance Industry in 2021

ITONICS

A look at disruptive forces impacting the insurance industry in 2021 and beyond. As insurers re-engineer their offerings to find renewed resilience and stability in the flux of global uncertainty, industry leaders have the opportunity to evolve legacy environments and redefine differentiated value.

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Relying on outdated tools or conditions

Jeffrey Phillips

Supply chains that once seemed so efficient now seem easily disrupted. Today, there are several factors that business face from within the VUCA framework: Volatility - in the US, there is volatility in the market, especially with what has traditionally been a relative rock of stability - the banking industry.

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Disrupting Markets – Why PayPal Is Worth More Than Ebay

Adam Hartung

eBay has run into stiff competition, as CraigsList has grown to take over the “garage sale” and small local business ecommerce. Because once in a growth stall the company has already missed the market shift, and competition is taking customers quickly in new directions. So eBay bought fledgling PayPal for $1.5B

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Small “i” Insights or Large “I” Insights Yield Different Innovation

Gregg Fraley

Disruptive Innovation Requires Reframing of Consumer Words and Need States. They’re not bad, but they rarely lead to disruptive innovation. Obvious insights are not exactly a competitive advantage either. ” or, “How might we improve the banking experience?” Raw data is not information.

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Decision Making in the Era of Growing Constraints (Part 2)

Planview

In this post, Dr. Amisha Boucher and I explore three concepts to apply to your decision-making process to give it a competitive edge in today’s environment. Engineers love to build and deliver value. Disrupt Decision-Making Bias The psychology of decision making is complex. Decisions are not made in a vacuum.

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New Technology Improving Worldwide Health & Wellness

eZassi

In 2018 the World Bank and the U.N. The Engineers of Ural Federal University (UrFU) have developed a simple and cost-effective desalination technology by modifying a solar still and integrating it with an outdoor solar water heater. Collaboration for Clean Water is the Current Mother of Invention. is drinkable.