Increased pressures from costs, customers, and third-party distribution channels are changing the demands on the insurance industry. The use of technology and predictive/preventative analytics will be essential for insurance executives to make smarter decisions.
A possible recession, digital transformation, culture shifts, and leadership training needs will provide both challenges and areas of opportunities for banks and financial institutions in the future. In a recent interview, Graduate School of Banking President and CEO Kirby Davidson shared his insights into current trends in the banking and financial services industries and what executives will need to do to stay ahead of, and benefit from, these trends.
Organizations should focus on creating Constructive cultures by closing any gaps between their Ideal and Current culture profiles. People of all generations believe that a Constructive culture should be expected to maximize effectiveness.
As organizations and leadership navigate the post-COVID business environment, those organizations who have team members returning to a physical office space have a new challenge to face. What does, and what should, the physical office look like?
There are many reason you should choose to partner with higher education to address upskilling and reskilling needs. Some key reason include access to large talent ecosystems and subject matter experts, breadth and depth of knowledge, flexibility, and future focus.
The organizations that truly understand inclusion are the ones that are thriving and growing. Inclusive organizations can see business benefits that reach beyond the benefits of a diverse workforce.
Changes are creating greater variance in the roles that marketing executives play in an organization. But while the digital economy is changing how we learn about customers and market opportunities and presenting new business models, marketing is still about providing customers with a better value proposition than competitors.
While challenges of digital transformation are likely easy to list, the opportunities also abound. But how do you get to that “digital promised land?” It may seem counterintuitive, but the technology itself is not the answer. At least, it’s not the only answer.
Engaged, motivated workers are more likely to stay with an organization. That means less turnover. Engaged and motivated employees also are more productive. Unmotivated employees can drag down the whole team.
Kathleen “Kate” Cronin has joined the CPED team as an Executive in Residence focusing on the retail industry. Kate has a strong background in retail and has over 10 years of consulting experience.