Full article with thanks to: neosllc.com/how-to-drive-change-management-within-the-insurance-industry For many insurance leaders looking to improve customer experience, launch new products, or implement new technology, there is an underlying theme behind each of these actions—change management. And change management is an activity weighing on leaders’ minds around the world. According to a 2019 LIMRA study that analysed the biggest challenges of C-suite life insurance executives …
What Digital And Underwriting Changes Mean To The Insurance Industry
So what does digital and underwriting changes mean to the insurance industry? We take a look at new technologies, marketing, ad campaigns and other tools. Full article with thanks to: forbes.com/sites/forbesfinancecouncil/2019/12/11/what-digital-and-underwriting-changes-mean-to-the-insurance-industry Digital transformation is disrupting the insurance industry, and the changes are creating both new demands and new opportunities. While quick online quotes may be the most readily evident transformation …
Change Management Is Key to Guiding Your Business Towards A ‘New Normal’ In 2021
Guiding your business doesn’t have to be a challenge. Change management is the key to business development and success. Learn the hows and whys: Full article with thanks to: forbes.com/sites/johnnywarstrom/2021/02/08/change-management-is-key-to-guiding-your-business-towards-a-new-normal-in-2021 Nearly all businesses around the world have undergone an organisational change in one way or another during the last year. As nations begin to heal, talks of the “new normal” …
Change Management: Why It’s Good to Challenge
Learn why it’s good to challenge your business and embrace change management before it’s too late. We take a look at the key attributes to navigating change. Full article with thanks to: thetransformationleadershub.com/why-for-success This article is the first in a series that discusses the key attributes to successfully navigating change and transformation from practical experience. The aim of the articles …
5 Questions Boards Should Be Asking About Digital Transformation
Board members should consider digital transformation as an essential part of their current business model. Learn why digital transformation is valuable. Full article with thanks to: hbr.org/2021/06/5-questions-boards-should-be-asking-about-digital-transformation The CEO of a large retail company recently brought a $500 million digital-transformation-investment plan to his board. The board reviewed the proposal, but after asking a number of questions, they were unable to …
How Good Is Your Company At Change Management?
Have you considered how good is your company at change management? If you’re unsure what exactly change management is – see the benefits of applying it. Full article with thanks to: hbr.org/2021/07/how-good-is-your-company-at-change It was a month like no other that Delta Air Lines had ever experienced: March 2020. Travel bans and rising coronavirus fears sent bookings into negative territory—more customers were cancelling …
Change Management: How to Eat The Change Elephant
Are you wondering how to implement change management? Learn how to overcome obstacles during change management with small changes over a period of time. Full article with thanks to: hbr.org/2021/05/break-down-change-management-into-small-steps Business transformation has traditionally been associated with large, drawn-out initiatives. After the Great Recession, they became smaller, faster, and more focused, yet change management was still executed in a mostly …
The Evolution Of Digital Transformation
Learn the evolution of digital transformation to get a better idea of how to use digital transformation in your organisation. Change management is the solution. Full article with thanks to: forbes.com/sites/forbestechcouncil/2021/08/12/the-evolution-of-digital-transformation The urgency of marketplace competition has long been the driver for making digital transformation a priority for enterprise organisations both large and small, in basically every industry. In recent …
Change Management: The Importance of The Three Phases
We dive through the three phases of change management – action, movement and monument. Learn how these phases can drastically improve your organisation. Full article with thanks to: forbes.com/sites/forbescoachescouncil/2021/07/28/the-three-phases-of-change-management Creating any type of big change in an organization takes thoughtfulness, commitment, accountability and patience — though not as much as you might think! It’s often assumed that change takes immense …
Pandemic Accentuates Two Problems With Change Management: One Is Change, The Other Is Management
Learn what problems have occurred with change management during the Covid-19 Pandemic and how your organisation can tackle them going forward. Full article with thanks to: forbes.com/sites/grantfreeland/2020/06/29/pandemic-accentuates-two-problems-with-change-management-one-is-change-the-other-is-management With the global pandemic forcing most institutions and individuals to change much of what they do, and how they do it, I’m reluctant to state the obvious: Things haven’t always gone well. But …
Change Management: 10 Tips for Effective Change
Want your organisation to implement effective change? Whether it’s for market advantage, silo mentality, cultural change or something else – take control now. Full article with thanks to: forbes.com/sites/janesparrow/2021/05/07/ten-tips-for-effective-change-management-that-puts-your-team-first More so than ever right now, teams are working in a fully remote or hybrid way. This means it’s more important than ever to have effective change management strategies in place, …
Digital Transformation: Don’t Forget About The Customer!
A bit part of digital transformation is considering the customer. It involves a technology toolkit that’s made up of data analytics, insurance software and APIs. Full article with thanks to: insurancebusinessmag.com/us/news/technology/digital-transformation-must-happen-across-entire-insurance-ecosystem-226451.aspx The global COVID-19 pandemic has placed insurance technology under the spotlight. It has weeded out the digital front-runners from the digital dawdlers and has highlighted the importance of innovation …