To date, industries such as insurance and legal services may have been slow to adopt a ‘digital first’ approach. But organisations are beginning to feel the impact of digitisation, with increasing numbers of disruptors entering the market. In the current climate, businesses are faced with challenges on many fronts: political uncertainty, regulatory change, cyber risk, decreasing margins and higher levels of competition though reduced barriers to entry. This change in the market is driving businesses to turn to digital transformation to meet the new demands of their industry and their customers.
TRANSFORMATION IN PROFESSIONAL SERVICES
New research […] has found that only a minority of businesses feel they have the digital and leadership capabilities to make digital transformation a success. Just 39% of businesses felt they had the digital capabilities necessary, and only 35% thought they had the requisite leadership capabilities.’
IMPORTANCE OF DIGITAL STRATEGY
Technological advancements have begun to shake up the sector, and those who fail to evolve and adapt can find themselves left struggling for survival. A clear strategy and an agile operating model are vital when considering organisational change. When developing a corporate strategy, it is crucial to consider the place of digital and how an organisation can use technology as an enabler, not a solution.
HOW WE HELP OUR CLIENTS
To ensure a successful transformation project, organisational buy-in and long-term strategic considerations are key. We have worked with clients on a variety of transformation and change projects, from re-engineering business operating models through to full reviews of data governance, technical infrastructure and internal education and transformation.
- Digital maturity assessment
- Change and project management
- Advising on your digital strategy and roadmap
- Implementation and adoption of technology
- Data utilisation, cleansing and management
- Advice on your business technology infrastructure
- Process re-engineering and optimisation
CLIENTS WE WORK WITH
- Mid-size insurance firms
- Legal firms
- Accounting firms