On the Brink Podcast

APRIL 10, 2023

Hear how planning for the future means loving change I worked with Jennifer Kluge several years ago on a Blue Ocean Strategy workshop. Her organization, the National Association for Business Resources , was focused wholly on businesses in Michigan, offering important services from insurance products to support with accounts receivables.

Insurance 67

Insurance Insurance Meeting Talent 67

Tom Spencer

JUNE 9, 2023

These systems can suggest relevant products that customers are likely to enjoy. For example, Alibaba, a leading Chinese e-commerce company, could conduct sentiment analysis of customer reviews of individual products and services, and use these insights to modify existing products and develop new ones.

Data 147

Data Operations Efficiency System 147

BCG

DECEMBER 15, 2016

Article Thursday, December 15, 2016 Life insurers are feeling the squeeze. In their efforts to adapt to this upside-down world, life insurers are focusing on optimizing their investment strategies and operations. The industry’s overall business growth has stalled, and investment income has become a critical mainstay.

Insurance 40

Insurance Insurance Cash Flow Management 40

MishTalk

SEPTEMBER 20, 2014

French vegetable farmers protesting against falling living standards have set fire to tax and insurance offices in town of Morlaix, in Brittany. The farmers say they cannot cope with falling prices for their products. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.'

Insurance 76

Insurance Insurance Marketing Management 76

Business Consulting Agency

APRIL 8, 2024

They work closely with business owners to assess current operations, identify growth opportunities, and develop actionable strategies to achieve long-term goals. Marketing and Branding Strategies Effective marketing and branding are essential for small businesses to stand out in competitive markets.

Small Business 52

Small Business Consulting Cash Flow Process Improvement 52

Harvard Business

AUGUST 15, 2017

One company that’s making headway on that goal is CSAA Insurance Group (CSAA IG), one of the insurance companies affiliated with the 55 million-member American Automobile Association (AAA). With almost 4,000 employees, CSAA IG has embarked on a systemic approach to create a pervasive culture of innovation.

Insurance 32

Insurance Insurance Culture Training 32

Harvard Business

AUGUST 28, 2017

It might seem, then, that private insurance can be of little help in addressing climate change. There’s concern that for-profit insurers won’t want to insure risky properties, and that individuals won’t have the wherewithal to buy insurance plans in the first place. Dating back to at least F.

Insurance 31

Insurance Insurance Real Estate Industry 31

Strategy+Business

JUNE 28, 2016

Health insurance companies are pursuing disruptive technologies that promise to revolutionize treatment, health management, and doctor-patient interactions.

Insurance 31

Insurance Insurance Survey Productivity 31

Harvard Business

NOVEMBER 22, 2016

The insurance industry has not been immune to AI’s advancement – whether implementing robo-advisors for investment management (Vanguard and Charles Schwab) or applying AI to insurance and loan underwriting (the Chinese search giant Baidu, which provides enhanced risk assessment capabilities). Assess readiness.

Insurance 28

Insurance Insurance Industry Turnaround 28

Tom Spencer

APRIL 18, 2020

Interviewer: Firm A is in the life insurance industry and looking to create different pricing for individuals within the market based on their profiles and would like your help to do so. Jane: There are three ways to develop a pricing strategy. Secondly, cost based pricing, which involves adding a mark-up on top of the production cost.

Case Interview 88

Case Interview Insurance Insurance Interviews 88

Harvard Business

DECEMBER 14, 2018

Your chosen Porsche is delivered to your house with insurance and maintenance as well as unlimited miles and flips to other models included. We frequently find that executive teams understand the potential of a reinvented distribution strategy; however, they are unclear on how to proceed. Create Hooks.

Strategy 31

Strategy Strategy Strategy& Insurance 31

Business Consulting Agency

JANUARY 31, 2024

Market Research and Entry Strategy Understanding the Market: Before venturing into the US market, thorough market research is essential. Target Audience Identification: Identify and understand the target audience for your products or services. Tailor your entry strategy based on demographics, preferences, and purchasing behaviors.

Marketing 52

Marketing Company Intellectual Property Financial 52

Seth Godin Blog

JANUARY 24, 2019

Of course, the strategy doesn’t always have to be expensive. It puts a lot of pressure on the product, of course, but they were up for that. It puts a lot of pressure on the product, of course, but they were up for that. A b2b insurance agency spent two million dollars ripping out voice mail from their agency.

Strategy 37

Strategy Strategy Strategy& B2B 37

Tom Spencer

JUNE 16, 2018

Historically, financial services products were designed for a world of greater certainty and less choice. In this context, they provided accessible deposits, savings, loans, and insurance – with relatively limited need to give advice. These traditional products have value. Figure 1: Financial Needs Hexagon (Oliver Wyman).

Oliver Wyman 79

Oliver Wyman Banking Insurance Insurance 79

Harvard Business

OCTOBER 18, 2023

This article shows how Kenvue, a former Johnson & Johnson company invested in “real” insurance policies — capabilities and resources that make a supply chain resilient under conditions of high uncertainty. Specifically the company invested in three strategic capabilities: surge capacity, partnerships, and data and processes.

Insurance 56

Insurance Insurance Policies Resources 56

Tom Spencer

OCTOBER 6, 2023

Bank’s Income Statement It’s important to note that banks have diverse product offerings and client types, and the reporting of business lines such as retail banking, wholesale banking, and wealth management can vary between different banks. Jason Oh is a Senior Associate at Strategy& with a focus on financial services.

Banking 88

Banking Balance Sheet Operations Financial 88

Consulting Matters

OCTOBER 30, 2020

Dan Weedin is an author, speaker, consultant, coach, podcaster and founder of Toro Consulting , a firm that specializes in small business growth, particularly in the insurance/risk business. Dan Weedin: A lot of I would say risk strategy and emerging risk solutions which is one of my new brands. That's what I do. What happened to you?

Consulting 296

Consulting Insurance Insurance Methodologies 296

Tom Spencer

JULY 22, 2013

List of Global Strategy Firms in 2013. BELOW is a hand-picked list of leading Global Strategy Firms. Maybe not, but seeing as Sydney is at the other end of the earth you would expect a truly global strategy firm to have an office there (if you want to see a list of purely Aussie strategy firms for 2013, click here ).

Oliver Wyman 83

Oliver Wyman Strategy Strategy Strategy& 83

Harmonious Workplaces

DECEMBER 18, 2023

Earlier that month, the administrative assistant informed everyone that health insurance costs would rise without additional subsidies and no one would receive holiday bonuses this year. These lunch breaks reduce stress, allow people to feel more productive, and boost mental clarity plus happiness.

Culture 98

Culture Organizational Development Cash Flow Ethics 98

Rick Conlow

OCTOBER 2, 2021

You undoubtedly can add some of your own: A CEO who cut employee benefits because the company’s insurance costs rose when two employees had babies born with complications that cost a million dollars each for care. In summary, leaders who take this approach use three other-focused strategies to: Empower people to be all they can be.

Leadership 116

Leadership Survey Sports Development 116

Successful Independent Consulting

OCTOBER 5, 2017

Some agencies provide access to group health insurance plans, a plus in the U.S. It may be worth doing one project just to get access to better health insurance rates, but I’m not sure how good the rates are or if they offset the first disadvantage listed below. Faster, easier, cheaper business administration.

Consulting 150

Consulting Talent Insurance Insurance 150

Tom Spencer

MAY 15, 2014

The definitive 2014 List of Strategy Consulting Firms in Sydney. Below is our 2014 list of strategy consulting firms in Sydney. This list will be of interest to you if you live in Sydney (or you would like to live in Sydney), and: you want to become a strategy consultant, or. Pacific Strategy Partners. Source: Flickr ).

Oliver Wyman 76

Oliver Wyman Strategy Strategy Strategy& 76

Tom Spencer

SEPTEMBER 28, 2013

Social Customer Service platforms can be customised, which means you can create ‘groups’ focusing on specific products or themes. If you’re worried about risk, then you can always explore the types of business insurance which are available (there are a tonne of business insurance products out there).

Insurance 104

Insurance Insurance Software Media 104

MishTalk

FEBRUARY 23, 2015

Currency Wars and QE Strain Life Insurance Companies and Taxpayers Bob gets credit for the phrase " beggar thy taxpayer " but I have been thinking along those lines for quite some time. Similar products are sold across Europe, but the guarantees have been particularly generous in Germany. The ECB''s policy. is reaching its limits now."

Insurance 28

Insurance Insurance Policies Benchmarking 28

Tom Spencer

APRIL 4, 2020

Professor Bernd Schmitt of Columbia Business School is credited with creating the concept of Customer Experience Management (CEM), which he defined as : the process of strategically managing a customer’s entire experience with a product or company. Figure 1 Health Insurance Purchase Customer Journey Map (Source: heartofthecustomer.com ).

B2B 103

B2B Sales Productivity Analysis 103

Harvard Business

MAY 19, 2016

Ever since the idea of strategy came to the business world in the early 1960s, the goal of differentiation has been paramount. To them, the unit of differentiation is an individual product, service or brand. It’s not the output that sets you apart, but the way that everything you do supports the product and gives it context.

Productivity 31

Productivity Company Enterprise Retail 31

Harvard Business

NOVEMBER 22, 2017

Why is one insurance company deep into an agile transformation while another is experimenting with it only at the edges of its business? For every company wrestling with evolutions in its strategy, success depends as much on matching the operating model to those evolutions as it does on the soundness of the strategy itself.

Strategy 28

Strategy Strategy Strategy& Company 28

Martinka Consulting

JUNE 16, 2021

Medical and dental insurance is essential and there are (at least) two aspects I don’t like about how it’s provided. Others would see it as reducing career advancement, reducing productivity because there are unhappy employees, and/or not letting a company hire better people (through normal attrition).

Insurance 40

Insurance Insurance Small Business Government 40

Tom Spencer

MAY 7, 2022

Key performance indicators should measure progress toward intended results and be aligned with business objectives, which might include, for example, improving health personnel training, collaborating with leading global health entities, transforming digital health systems, improving health insurance systems, and enhancing emergency preparedness.

Development 88

Development Healthcare Government System 88

Wakeman Consulting Group: Dave's Blog

DECEMBER 16, 2022

Strategy second: The first step you take is a step back: Brand tracking, segmentation, heritage, talking to fans, and figuring out what you’ve learned that you should apply next year. Second, build a strategy by understanding what you will and won’t do. Brand Strategy is three questions: a) Who are we targeting? They are losers!

Sports 59

Sports Marketing Research Strategy 59

Tom Spencer

MAY 18, 2019

Well, asset managers aim to understand client investment objectives and invest client funds in a variety of financial products and asset classes. Retail asset managers will offer a variety of products including mutual funds, index funds and specialized pools.

Industry 113

Industry Real Estate Management Retail 113

Consultant Ninja

JULY 22, 2009

I don't mean to pick on CN, whom I like, but people tend to discuss healthcare as though it were a zero-sum situation like the value chain for widget production. Why is the health insurance any different than traditional forms of insurance i.e. automobile, life, homeowners, etc.? OK, but this is not the whole truth.

Consulting 100

Consulting Insurance Insurance Management 100

Progressus

OCTOBER 27, 2023

And —rather than selling physical products, they deal in less tangible resources like time, insights, and expertise – billed either by hour or by project. And it’s those common links that inform tech investments, transformation strategies, and how firms respond to the disruptive forces that define the modern business landscape.

Industry 52

Industry SMB Software Talent 52

Tom Spencer

JULY 16, 2015

It can help to assess the business situation in the context of entering a new market, M&A, product development, and starting a new business. For example, a doctor may prescribe medicine, paid for by an insurance company, and used by the patient. What products and services do they offer? Competitive Strategy.

Case Interview 60

Case Interview Industry Productivity Interviews 60

Martinka Consulting

JUNE 30, 2017

Look at the Gallup list of least respected professions and you’ll see insurance sales people just above car salespeople, third from the bottom, with members of Congress being in the cellar. Now, I know from previous reading people don’t like insurance people in general, but think their insurance agent is pretty good.

Insurance 40

Insurance Insurance Banking Industry 40

LSA Global

SEPTEMBER 7, 2020

Instead, we have learned that employees are more engaged and productive when the overall workplace culture is aligned with the company’s brand promise. The article goes on to describe the connection at USAA, the insurance and financial services firm, between their brand and their culture. A Prime Example.

Culture 36

Culture Company Efficiency Insurance 36

Harvard Business

JANUARY 12, 2018

Corporate strategy is complex, and the advice is expensive. This makes corporate strategy an enormous and untapped prize for “robos” and “AI-enabled” expert advice across the entire enterprise; this market is ripe for disruption much the way the financial investing industry was in 2008. ZB by 2020.

Strategy 28

Strategy Strategy Strategy& Consulting 28