Nicolas Babin disruptive week – October 7th 2019

I am regularly asked to summarize my many posts. I thought it would be a good idea to publish on this blog, every Monday, some of the most relevant articles that I have already shared with you on my social networks.
Today I will share some of the most relevant articles about Digital Transformation and in what form you can find it in today’s life. I will also comment on the articles.

On entreprisersproject.com:
https://enterprisersproject.com/article/2019/10/digital-transformation-management-mistakes

Why you’re managing digital transformation wrong? Does your organization take a one-size-fits-all approach to managing digital transformation projects? Consider breaking your projects into three distinct portfolios – and running one like a private equity fund. Some very good advise on how to manage a digital transformation project.

On ABA Banking journal:
https://bankingjournal.aba.com/2019/10/ryan-james-from-financial-crisis-to-digital-transformation/

A very good story about a bank CEO that transformed his struggling financial institution into a profitable one. The bank is now ready for the future. Many companies should take example.

On benefitnews.com:
https://www.benefitnews.com/news/digital-transformation-efforts-should-be-tied-closely-to-business-goals

All digital transformation project need to have specific goals. It is absolutely vital that they all tie closely to business goals. Have a read and understand the outcome of this study.

On gigabitsmagazine.com:
https://www.gigabitmagazine.com/company/sap-leading-digital-transformation-through-5g

A great company (SAP) teaching us how they will use 5G as a catalyst to digital transformation. One of the most potentially transformative technologies of recent times is 5G, and SAP is ensuring companies successfully weather the change with the aid of technology. Interesting read even if a bit biased.

On Forbes.com:
https://www.forbes.com/sites/forbesdallascouncil/2019/10/02/leveraging-digital-transformation-to-enhance-the-customer-experience/#6dcec1787a1a

Customer experience, customer loyalty and customer journey are key elements to all digital transformation projects. Have a read on how
many businesses haven’t fully adopted even the most basic digital technologies, including mobility, cloud, social media and big data analytics. As a CEO you need to understand what steps to take to ensure an optimized customer experience.

On claimsjournal.com:
https://www.claimsjournal.com/news/national/2019/10/02/293363.htm

How Drones Are Accelerating Digital Transformation in the Insurance Industry. A very unexpected view on the use of drones for the insurance industry. Have a read and you will understand how drones play a major part in many businesses especially the insurance industry.

On the banker.com:
https://www.thebanker.com/Video/Digital-transformation-in-retail-banking

A great video explaining how retail banking needs to change and how to use digital transformation for this important milestone.