History is littered with examples of once-successful organizations that failed to anticipate game-changing events in time to adapt to a new environment. For example Kodak, for so long dominant in the camera industry, failed to give enough thought to the scenario of a digital future. What will our digital world and economy look like in 2025? What digital game-changing developments will influence your organization? Our Oxford University based scenario planning approach (OSPA) combines engaging digital feral futures, quantitative reframing and risk epistemology. OSPA also involves "wind tunnel" of new digital workplace opportunities.
Digital reinvention, or transformation as it is sometimes called, can radically improve cost, optimize operations and develop better decion making. This endeavor implies breaking traditional operational constraints. In some cases, that may include collaborating with firms that are part of the current business environment - suppliers, clients, investors, employees, regulators and even competitors. Based on our extensive digital transformation experience with global and Fortune 500 firms, we have developed the "Digital Readiness Framework" which we use with every organization to assess their current readiness and future digital goals.
As the distinction between professional and personal life dissolves, and the workplace becomes truly digital, employees are collaborating in unprecedented ways. A new connected workplace wellness imperative must overcome existing perceptions. From new workplace benefits to new delivery channels, employees will require that both their professional and "customized" wellness personal needs be met. We provide customized networks of partners and digital ecosystems, including workplace financial wellness solutions.
Google VPA calling the hairdresser for an appointment...
Digital workplace innovation has been a top priority—and a top frustration—for organizations. In theory disruptive innovation has proved to be a powerful way of thinking about innovation-driven growth. However in practice, many organizations are driven by the wrong motivations and cannot fully achieve this concept. Augmented Reality (AR)presents a real opprtunity to increase workforce engagement by customizing the online and mobile experience.
The blockchain is one of the most promising new technologies for the future. Using cryptography to keep exchanges secure, blockchain provides a decentralized database, or “digital ledger”, of transactions that everyone on the network can see. This network is essentially a chain of computers that must all approve an exchange before it can be verified and recorded. So why are Wall Street and Silicon Valley so excited about it?
For some, artificial intelligence (AI) has already moved from the lab to the workplace with significant implications: algorithm-driven delivery of customized information based on an employee’s activities and preferences. It also acts as an in-house expertise location service and it solves the long-standing business problem of a general lack of awareness of existing content and people expertise with the employee community.
Big data is a term for data sets that are so large or complex that traditional data processing application software is inadequate to deal with them. Big data is a key basis of competition, underpinning new waves of productivity growth, innovation, and consumer engagement.
Successfully linking the digital and physical worlds could generate a new global digital economy. IoT has the potential to change every industry and business in the next ten years. Virtual personal assistants (VPAs) will become more common as technology improves, and employees grow more comfortable with them.
Digital winners are thinking broadly about whom to collaborate with. In some cases, that may include collaborating with firms that are part of their current business environment - suppliers, benefit providers, etc. The rise of the digital channel and flexible benefits in the workplace is here - complex products, simply distributed.