Wednesday 7th February 2024 |
|
Digital Transformation Bulletin |
|
|
|
“Innovation isn’t about new ideas. It’s about making new ideas happen. The world is run by people who turned ideas into reality.”
Scott Belsky, Adobe
(Credit to Ninety Innovation for this quote). |
|
Welcome back to the Digital Transformation Bulletin.
After a brief hiatus, I'm pleased to bring you a fresh look and feel. Stay tuned as we delve into the thoughts and insights that have caught our attention over the past few months.
Moving forward, we'll be back to our fortnightly schedule.
|
|
|
|
UK lags global peers in unlocking digital transformation value. |
|
I enjoyed Deloitte’s recent report, Measuring Value from Digital Transformation. It found that 3/4 of UK organisations believe that ‘digital’ is the single most important investment they can make.
Yet, despite their ambition, UK organisations fall behind globally in crucial metrics.
Access the summary here and full report here. |
|
|
|
Do Insurers need an innovation portfolio? |
|
Ninety Innovation are not alone in believing that ‘the insurance sector needs to rethink, reinvent, and re-energise its approaches’.
In their latest paper, they seek to clarify the concept of 'innovation portfolios'. And in doing so provide practical, actionable guidance for innovation.
It's an insightful read for practitioners and sponsors. |
|
|
|
How TfL’s CTO Drives innovation despite headwinds. |
|
This Raconteur article explores the digital evolution of Transport for London.
It's an insightful interview with CTO Shashi Verma. An advocate for balancing short-term responsiveness with long-term vision, Verma has driven a raft of innovation despite considerable financial challenges. |
|
|
|
Reflecting on the DWP's Digital Transformation. |
|
Staying with the public sector, and Rich Corbridge's end of year message was a good read. On the DWP Digital blog, Corbridge reflects on 2023's progress.
He highlights key achievements like modernising IT, improving services through data, and simplifying applications. Add to that several leadership awards, and recognition for their commitment to DE&I.
Looking ahead, the Digital Strategy aims to leverage data for better customer journeys. |
|
|
|
Channel 4 to be “digital-first” by 2030. |
|
One of the more eye-catching headlines of late was the unveiling of Channel 4’s new strategy, Fast Forward.
It’s a bold statement that has received mixed press (not least due to job losses). And they’ve set pretty tight timescales, all things considered.
Nonetheless, Alex Mahon’s strategy is interesting. It encompasses three pillars: digital growth and transformation, diversified new businesses, and reengineering the business for a digital-first world.
The plan also includes boosting investment in British content and exploring new revenue streams. |
|
|
|
Thanks for reading,
Alec & team at Laudale.
|
|
|
|
Laudale Associates Limited
Alderley Park
Cheshire, UK
SK10 4TG
|
|
|
|
|
|
