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Internal Strategy: Lessons Learned (1 of 2)

Tom Spencer

I initially started out my career in management consulting, exited to an internal strategy team in industry, and pivoted back to consulting. This two part article series will provide valuable perspective for those who are considering internal strategy teams as their next career option as I unveil my personal thoughts and experiences.

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Customer intent is a treasure trove of actionable data hiding in plain sight

1 to 1

By 2025, smart workflows and seamless interactions among humans and machines will be as standard as the corporate balance sheet, and most employees will use data to optimize nearly every aspect of their work, predicts McKinsey & Company. Businesses are eager to unlock insights that can help them adapt to change and reengage customers.

Data 29
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8 Ways Machine Learning Is Improving Companies’ Work Processes

Harvard Business

Corporate investment in artificial intelligence is predicted to triple in 2017 , becoming a $100 billion market by 2025. Combined with profitability data, this allows organizations to optimize “next best action” strategies and personalize the end-to-end customer experience. Automating finance.

Company 43
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The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Harvard Business

Businesses need to organize around long-term strategies for growth and partnership in a sustainable way. Banks are feeling the crunch; according to McKinsey , legacy financial institutions will see profits decline 20%–60% by 2025 if they fail to evolve digitally. The consequences for not doing so can be dire. Insight Center.

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We Interviewed 57 Female CEOs to Find Out How More Women Can Get to the Top

Harvard Business

But what if there were a way to make breakthrough progress by applying research-based tools and strategies to boost these numbers faster? Ambitious women may be hesitant to self-promote, driven more by a sense of purpose and a desire to contribute value and shape culture. That conversation was a bit of a wake-up call.”

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Stop Focusing on Profitability and Go for Growth

Harvard Business

Our models suggest that by 2025 global financial capital could easily surpass a quadrillion dollars, more than 10 times global GDP. So, in real terms, debt financing is essentially free. When capital costs are high, strategies that expand margins are almost always better than strategies that accelerate growth.