As we approach the end of 2012, it’s a good time to look back and review all of the great content that’s been published the past 12 months. It’s been a busy time in the world of Innovation, Analytics and Digital, considering everything from different ideas about the key ingredients for successful innovation to shifts in the way consumers engage with social networks and mobile devices.
Below are a few of the best articles we’ve seen published this year.
Top 10 Challenges for Investment Banks 2012Investment banks are increasingly operating in a volatile, resource constrained and highly regulated environment. Rigorous focus on strategic and operational priorities provides the key to high performance. Complying with new and impending regulations presents major challenges for investment banks.
To help investment banks plan and execute with success as macro trends reshape the industry, Accenture has developed a list of the top 10 challenges to address in 2012.
Different key ingredients for successful Innovation
The responses to a poll Accenture ran on LinkedIn revealed that people have very different ideas about the key ingredients for successful innovation. A full half of the respondents believe that understanding customer challenges is the key, while another third believe it is essential to embed innovation in an organisation.
The truth is that all of these play a role in successful innovation. But is there one element that is so crucial that without it successful innovation would be impossible?
The importance of Data Governance
Does your company consider its data to be a strategic asset? More important, do you not only consider it to be an asset, but are you also treating it as any other asset?
In my 20 years of experience in Data and Information Management, I worked for companies, who claimed to understand the importance and potential value of their data, but struggled to live up to this understanding. And, up to today, many companies I visit are still not taking full benefit of the wealth of information that is stored in their systems.
Are you moving fast enough in Digital?
As the world is changing rapidly, organizations need to stay in the game by investing in digital capabilities. But many organizations find it difficult to predict the expected ROI, resulting in little investments and lack of innovation.
Digital is radically changing the traditional ways organizations interact with customers. Customers are willing to interact with organizations via social media, and expecting them to be out there too! Therefore the question is no longer how fast things are moving, but: are you moving fast enough?
High Performing Business in changing economic times
In this volatile, uncertain and increasingly complex world, many businesses and governments have an urgent need to reassess current strategies and vital capabilities to achieve high performance.
Companies that want to stay in business need to make concrete plans for the future, with little room for errors. After all, companies will need to keep launching successful business concepts or products to outperform their rivals in these challenging times.
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Welcome to the first in a series of posts in which I’ll look at what makes companies genuine high-performance businesses, and discuss why so many fail to make the grade. Are enduringly successful companies simply in the right place at the right time? Can it really just be a matter of luck or is there more to it than that? Accenture has explored this topic in detail over the years, and we’ve identified a number of traits that we believe distinguish the winners from the also-rans of the business world.
