Global In-House Centers (GICs) are no longer just a repository for internal IT or operations functions. Today, GCCs not only drive process and productivity improvements for global corporations, but they also create new capabilities, lead cross-functional efforts, and bring new product and service offerings to the market based on innovations borne at these centers.
In a byline article in Germany’s Börsen-Zeitung newspaper for the financial sector, Birgit Storz and Christian Redhardt consider the question of whether we still “need bankers”. The authors depict financial institutions caught between the residual tremors of the financial crisis and the early impacts of digitalization and ask: “What kind of leaders do today’s banks need? As we don’t know what new variety of disruption we’re likely to face tomorrow, there is an even greater need for leaders who accept change as the new normal.
On Thursday night, a friend of the Firm rang me for advice on taking an offer to become the CMO of a promising fintech startup company (on a search led by a competitor). Should he take the job, or wait for another opportunity?
Networked devices. Ubiquitous connectivity. Cloud computing. Social networks. Near Field Communication… as powerful forces combine to connect nearly everyone to practically everything, Payments will be revolutionized in ways no one can clearly foresee.
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