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Crisis Management: How Did the Financial Services Industry Fare During 2020?

Clarity Consultants

In 2020, the financial services industry had to put its crisis management plans into action. Most companies had to pivot without much notice, ensuring they could adjust to new rules regarding how organizations were (or weren’t) allowed to open and operate during the pandemic. Re-Opening Plans Were Formed Early in the Pandemic.

Financial 264
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How Grocery Stores Should Respond to the Growth of Online Markets

Harvard Business

During 2020-21 online grocery shopping soared from 3.4% to double digits as Covid-19 made customers reluctant to go into stores. Post Covid, online grocery shopping is still high, forecasted by Forrester (2021) to hit 10.4% How will grocery retailers service this new demand stream?

Retail 237
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From Vaults to Virtual: The Rise of Blockchain in Banking

Tom Spencer

While cryptocurrencies promise to deliver more efficient, transparent, and accessible financial systems, the rise of crypto is also driven by broader concerns. Although initially viewed with skepticism, blockchain is now being embraced for its potential to streamline operations, reduce costs, and enhance security.

Banking 88
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Smart Cities Are Going to Be a Security Nightmare

Harvard Business

In the fictional world of the video game Watch Dogs , you can play a hacktivist who takes over the central operating system of a futuristic, hyper-connected Chicago. On April 8, hackers set off 156 emergency sirens in Dallas, Texas , disrupting residents and overwhelming 911 operators throughout the day. An estimated 2.3

System 128
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Becoming a Data-Driven Organization: What You Need to Know

Epicflow

At the same time, the talent component shouldn’t be left aside: data alone cannot lead companies to success without human expertise to use in an efficient way. . Apart from leveraging data for more efficient decision making, what other characteristics are peculiar to data-driven organizations? Real-time data processing and delivery.

Data 187
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Where Predictive Analytics Is Having the Biggest Impact

Harvard Business

Survey-based reports find that firms are currently spending an estimated $36 billion on storage and infrastructure, and that is expected to double by 2020. Operations in a Connected World. Advances in measurement technology increasingly allow offline firms to benefit from these types of gains through more efficient pricing.

Data 132
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Agile Strategy Enables Significant Growth

Brimstone Consulting

The STAP helped the leadership team increase trust, establish operating mechanisms, and to unify the group around a single strategic view of the division and its future. As part of the STAP, Brimstone facilitated the process through which the leadership team worked together to create a Strategic Business Framework (SBF).

Agile 96