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COVID-19: The digital transformation catalyst of banking business models

The BMI Lab Blog

The banking industry faces change, probably in a never known pace and relevance than before. Although COVID-19 had a positive impact on some banks due to a high increase in asset trading volumes and associated commissions, it also acts as a transformation catalyst. The trend towards a hybrid banking customer is continuing.

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Overwhelmed, underwhelmed at the Web Summit, Lisbon

Paul Hobcraft

I am taking the opportunity to review the Web Summit, held in Lisbon last week of 5th (evening) to 8th November 2018. The Web Summit, originally Dublin Web Summit, is a technology conference held annually since 2009. I quickly gathered it was best to eat well before you came to this event and just keep “walking the halls”.

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Viable intermediary

Idea to Value

However, what if a company is trying to develop a fundamentally different innovation to the market? The company might not consider this risk to be viable, and therefore the innovation is stalled due to the sunk costs of the previous business. There was a lack of a viable intermediary in the eyes of the company leaders.

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Celebrating Achievements: A Recap of Customers Honored at Planview Accelerate 2023

Planview

We recognize Chevron with the 2023 Vision Award due to their application of advanced data modeling techniques onto a well-established strategic portfolio management process. This past June they hosted a “Planview Day” event at their Headquarters in Basel Switzerland.

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Innovating in an Economic Downturn

Innovators Alliance

Companies like these keep their cost-conscious creative market juices flowing regardless of the economic climate. This remains true in an upturn, especially as we ramp up again since customers’ priorities and mindsets themselves may have fundamentally changed due to the economic circumstances.

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

Planview

For Executives An executive needs data-driven, guided decision making to answer questions such as: A recent example: Google search seemed invulnerable to market disruption eight months ago. In the face of OpenAI + Microsoft chatbot, they lost $230B in market cap in months. The market has restored their market cap.

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Understanding innovation's past leads to incredible insight

Jeffrey Phillips

Most of us work for approximately 40 years, but we rarely consider the events or recent history before we started working. Oil, steel, railroads and other monopolies emerged, and banking and financial services grew alongside these emerging industries. Innovation during this time was focused on technology - especially weaponry.