2023

article thumbnail

DORA and its impact on data sovereignty

Compare The Cloud

According to the European Commission, no less, ‘data is immensely valuable to all organisations, a significant resource for the digital economy and the ‘cornerstone of our EU industrial competitiveness’. Hardly surprising when you consider the data economy is projected to deliver more than €829b and nearly 11m jobs to the region by 2025. Capitalising on and nurturing numbers of that scale are precisely what is behind evolving EU strategies and regulations coming into play.

Legal 267
article thumbnail

Alliance Failure and Alliance Success: The 80% Rule

Peter Simoons

The research into alliance failure and success rates continues to display a broad spectrum of figures. The figures range from a mere 20% alliance failure rate at best, to a daunting 80% alliance failure rate at worst. It is this notably high alliance failure rate of 80% that sparks disbelief! This prompts one to wonder whether companies would genuinely invest in something they believe has a 4 in 5 chance of failure?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Some employees are destroying value. Others are building it. Do you know the difference?

McKinsey & Company

More than half of employees report being relatively unproductive at work. New research into six types of employees shows how companies can re-engage workers while amplifying the impact of star performers.

145
145
article thumbnail

The Psychological Strategies of Influencers

INSEAD Knowledge

Nathalie made a living promoting fashion brands and products on social media. Initially, she found her work as an influencer liberating as it allowed her to express herself. However, over time, the responsibility and pressure that came with having her whole life displayed online took a toll on her physical and mental health. The constant need to churn out fresh, digital material for mass consumption, often by sharing intimate details of her life, had a significant psychological impact.

143
143
article thumbnail

How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

article thumbnail

Mainframe and the cloud? It’s easy with open source

IBM Business Partners

This is part four in a five-part series on mainframe modernization. The secret to mainstreaming the mainframe into today’s modern, cloud-centric IT environments is to make the experience of working with the mainframe like the experience of working off the mainframe—especially the developer experience (DX). Historically, working on the mainframe was an entirely different experience from the distributed world.

Banking 120

More Trending

article thumbnail

Frost & Sullivan Recognizes Suki AI with the 2023 North American Technology Leadership Award

Frost & Sullivan

San Antonio, TX — September 12, 2023 — Frost & Sullivan recently researched the healthcare voice assistant industry and, based on its findings, recognizes Suki AI with the 2023 North American Technology Innovation Leadership Award. Suki is a leading technology company that provides superior artificial intelligence (AI) based voice solutions for the healthcare sector.

Utilities 103
article thumbnail

Inside-out versus outside-in strategy: Which is better for your business?

Hype

As a passionate customer insight strategist, I tend to prefer an outside-in business strategy, meaning one that looks at customers’ latent or hidden needs and translates them into solutions that will serve them. In other words, a strategy that focuses on co-creating value together with your customers.

119
119
article thumbnail

Industry Leaders and Advocates Launch Framework for Responsible Use of AI-Generated Media

Partnership on AI

Share Our Blog / Press Release Synthetic and Manipulated Content Industry Leaders and Advocates Launch Framework for Responsible Use of AI-Generated Media PAI Staff February 27, 2023 Content Wrapper Click here to start editing --> Content Row Click here to start editing --> NEW YORK CITY – Today the Partnership on AI (PAI) unveiled a first-of-its-kind Framework for the ethical and responsible development, creation, and sharing of synthetic media.

article thumbnail

The remarkable Remarkable Partnerships 

Remarkable Partnerships

Including 6 learnings on building corporate partnerships. This is a guest blog by Richard Turner, Director of Fundraising, SolarAid. Have you ever built a house of cards? Spending what feels like ages carefully constructing the highest triangle possible only of course for it all to come crashing down! That’s how I used to view corporate fundraising.

article thumbnail

Maximize Productivity and Simplify IT Management with Conversational AI

ChatGPT has dominated boardroom conversations for months now. From drafting a stock trading program, to creating a SQL query to model data, there are practically no limits to the applications of the AI language model assistant. At ManageEngine, we have been working on our own AI-assistant, Zia. Zia is a fully-trained analytics assistant that can perform a range of functions such as creating and adding reports to dashboards, providing conversational support to data analysis, insight discovery, bu

article thumbnail

Elevate Your Strategy: ClearPoint now Integrates with Microsoft Teams!

ClearPoint Strategy

Stay streamlined and in sync. ClearPoint brings strategy to your fingertips.

105
105
article thumbnail

Embracing repatriation for cloud optimisation: Reclaiming control

Compare The Cloud

“You’re crazy if you don’t start in the cloud; you’re crazy if you stay on it.” – Sarah Wang and Martin Casado, general partners at Andreessen Horowitz (a venture capital firm in Silicon Valley, California). It is a raging debate. The business world is divided on this. Cloud computing has, no doubt, created powerful value propositions for global enterprises.

247
247
article thumbnail

The Three Guiding Principles for Optimising Cloud Costs

Compare The Cloud

One of the often-cited barriers to Cloud migration is cost. Business leaders fear that it will be an expensive exercise in a number of ways, from the various direct costs associated with engaging a service provider, to the indirect costs resulting from enforced system downtime and speed of implementation. Even directing resources towards staff training to use new systems may be difficult to justify when many businesses are having to make tough decisions around reducing employee numbers and are i

article thumbnail

Cracking the AI code: The recipe for successful human-AI collaboration

Compare The Cloud

You’ve no doubt seen the relatable AI memes travelling across the universe of cyberspace right now. “To replace creatives with AI, clients will have to accurately describe what they want. We’re safe, people.” The terms “creatives” and “clients” have been swapped out for programmers, product managers and anybody else whose job is at threat. But the message is the same: garbage in, garbage out.

article thumbnail

How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.

article thumbnail

Generative AI: The Urgency to Accelerate Digital Transformation

Compare The Cloud

There is virtually nowhere on the Internet you can go today without encountering some form of generative AI. There is virtually nowhere in the workspace you can go either, without generative AI dominating conversations from the board to the break room. A March 2023 KPMG survey of U.S. executives found that almost two-thirds (65%) believe “generative AI will have a high or extremely high impact on their organisation in the next three to five years.

article thumbnail

Companies with innovative cultures have a big edge with generative AI

McKinsey & Company

It may not be surprising that innovative organizations are ahead on generative AI, but the degree to which they’re succeeding at deploying it might be. Five practices help them stay ahead of the pack.

High tech 141
article thumbnail

Turning consumer and retail companies into software-driven innovators

McKinsey & Company

As customers increasingly expect seamless, engaging digital experiences, consumer-facing organizations can follow six principles to perform like the most successful tech companies.

Retail 137
article thumbnail

AI-powered marketing and sales reach new heights with generative AI

McKinsey & Company

AI technology has revolutionized marketing and sales; now, generative AI promises to disrupt the way B2B and B2C players think about customer experience, productivity, and growth.

145
145
article thumbnail

The Essential Guide to the Buying Experience of the Future

Your buyers’ lives, preferences, and expectations have changed. Over two-thirds of buyers prefer remote or digital interactions — and they expect those interactions to be substantive and valuable. They hold sellers to a high standard, and that means the buying experiences of the past — in-person meetings, transactional conversations, and linear sales funnels — no longer deliver.

article thumbnail

Cybersecurity for the IoT: How trust can unlock value

McKinsey & Company

For today’s fragmented Internet of Things (IoT) to reach its potential as a fully interconnected ecosystem, the answer may lie in the convergence of cybersecurity and the IoT.

article thumbnail

The next frontier in risk efficiency

McKinsey & Company

As global risks increase and economic uncertainty persists, the risk functions within the financial services industry must continue to evolve talent to ensure organizational resiliency.

Banking 145
article thumbnail

Helping banks think like tech companies

McKinsey & Company

Mambu co-founder Eugene Danilkis talks about how banks can approach core technology transformation and keep up with the fast pace of change, then offers his take on the future of human interaction.

Banking 145
article thumbnail

Stairway to digital excellence

McKinsey & Company

Organizations that follow a progression of steps to achieve excellence in digital delivery may see improvements in effectiveness, productivity, and performance, as well as significant increases in speed.

132
132
article thumbnail

5 Essential Virtual Selling Practices Every Company Must Have by 2023

Speaker: Erika Bzdel - Vice President of Sales and Craig Simons - Director of Marketing

Virtual sales success requires new ways of thinking. Sales managers, trainers, sales enablement managers, and sales reps across all industries must adjust to this digital transformation. That doesn’t mean, however, that you can transfer the old ways of doing business to the new blended selling environment. You need to implement essential virtual selling processes or you will get left behind.

article thumbnail

Gen AI in high gear: Mercedes-Benz leverages the power of ChatGPT

McKinsey & Company

Philipp Skogstad, CEO of Mercedes-Benz R&D North America, shares the story of bringing generative AI to 900,000 beta testers and discusses the vision, impact, challenges, and path forward for generative AI applications in the automotive sector.

129
129
article thumbnail

The metaverse: Driving value in the mobility sector

McKinsey & Company

Although a fully immersive, interconnected metaverse remains years away, mobility stakeholders can already capture real business value from the technologies designed to enable it.

145
145
article thumbnail

What every CEO should know about generative AI

McKinsey & Company

Generative AI is evolving at record speed while CEOs are still learning the technology’s business value and risks. Here, we offer some of the generative AI essentials.

145
145
article thumbnail

Generative AI: Unlocking the future of fashion

McKinsey & Company

While still nascent, generative AI has the potential to help fashion businesses become more productive, get to market faster, and serve customers better. The time to explore the technology is now.

Retail 144
article thumbnail

Strategic ABM Gifting: A CMO’s Silver Bullet to Engage the Enterprise

Today’s customers are hungry for human connections, but how do you break through the digital noise? How do you connect on a more personal level? A strategic ABM gifting campaign can help. You can target accounts and prospects by sending gifts or direct mail. It will help you stand out from the crowd and increase your chances to connect. Download Sendoso’s complimentary eBook to learn: Effective ways to level up your gifting strategy for the enterprise customers.

article thumbnail

What is generative AI?

McKinsey & Company

Generative artificial intelligence (AI) describes algorithms (such as ChatGPT) that can be used to create new content, including audio, code, images, text, simulations, and videos. Recent new breakthroughs in the field have the potential to drastically change the way we approach content creation.

145
145
article thumbnail

One billion days lost: How COVID-19 is hurting the US workforce

McKinsey & Company

COVID-19 may no longer be a pandemic, but the disease likely reduced the availability of the US workforce by as much as 2.6 percent in 2022—a burden on productivity that could last for years.

145
145
article thumbnail

From tailwinds to crosscurrents: Resilient growth in wealth management

McKinsey & Company

A decade of favorable macroeconomic conditions and relatively easy growth has ended, signaling a new urgency for US wealth managers to rethink operating models and reenergize growth.

145
145