The finance sector and specifically banks, have been under a lot of pressure over the past years. Alongside the market challenges such as low interest rates, we’re seeing hundreds of new Fintech challengers emerge with over $10 Billion collective funding per year.
These challenges are forcing banks to make tough strategic decisions. At the start of 2016, we worked together with Belfius PCB to help them do that.
The result of the project was:
A clear view on how the future of Public, Social and Corporate Banking may develop.
A strategy to play a strong role in that future.
A list of concrete projects to start working towards it.
Soon after we returned to guide Belfius PCB in the development of these business plans, to help them turn these into speedboats alongside the corporate mothership.
We sat down with Dirk Gyselinck, member of the management committee, to talk about the process and the challenges of transformation.
In 2015, Volvo Trucks Group Belux asked us to guide them in their Digital Transformation. We helped them create their future vision, strategy and a concrete roadmap of things they could start doing to transform their organisation. As a follow up to that we’re currently helping them with Trendwatching and their Digital Transformation Governance.
With transformation come a lot of challenges, so we sat down with Peter Himpe, Vice President at Volvo Trucks Group Belux, to talk about their Digital Transformation process.
The best strategy to adopt new technologies is diving right into them. In the digital world, that means using new tools as soon as they’re released, subscribing to new networks that get attention, downloading mobile apps that get traction, following startups that have the potential to disrupt your business. However, most businesses do the opposite. They are simply not aware of what’s new or they are not taking what’s happening in front of their eyes seriously.