Explore ideas shaped by the experience of Cordence Worldwide Member Firms working across markets, industries, and complex business challenges. Together, these perspectives reflect the depth of the diversity and expertise found across our alliance.
In over 80 percent of companies, the Chief Financial Officer (CFO) represents the procurement function on the management board – more than enough reason to place the central stakeholder of procurement at the center of this study. Particularly in times of increasingly volatile economic cycles, the demands on a CFO change for the areas assigned […]
The world of health is rapidly changing, adapting to the new habits and roles of patients, professionals and health services. On the one hand, a greater empowerment of patients has been developed in the decision making with regard to their treatments. On the other hand, the consolidation between suppliers and cost control by public and […]
Mobility will change fundamentally in the years to come due to increasing urbanization, individualization, regulative requirements and new technologies. Instead of owning vehicles, customers will increasingly demand fast, easily accessible, flexible and individualized transportation. Customers’ orientation towards mobility as a service will result in a shifting customer interface to mobility platforms, thus presenting a key challenge […]
In the last few years, we have seen more and more large-scale transformation projects of telecom operators across the globe.The challenges are increasing on many fronts: rapidly changing customer behavior that requires telcos to adapt constantly, pressure from direct and indirect competitors eating up core markets or skeptical shareholders putting pressure on growth and profitability. […]
The use of RPA is particularly promising for processes that have a high number of manual interfaces or a heterogeneous system landscape. Assessment of the RPA potential of each process should therefore include the following evaluation criteria: – Highly repetitive– Decision rules preferably without human evaluations– High degree of standardization– Availability of structured data (digital)– […]
Earlier this year, we conducted market research on organizational experience, priorities, and cultures related to data and analytics (D&A), and found that data-driven organizations—those poised to capitalize on the promises of analytics—infuse trust for business users at every point in the data analytics value chain, from data collection to data-informed decision-making in solving for real-world […]
Today, companies have to accept two realities. The concept of “agile” can be very helpful, but it does not fit all parts of an organization. The key for a successful business transformation is to understand all the pieces of your puzzle and how they fit together. The real trade-offs in agile At the top of […]
With the UK’s decision to leave the EU, the Brexit scenario is one of the most recent incidents holding the banking industry in suspense. The separation of markets and clients as well as new regulations and uncertainty of legal status raise challenges for European banks. Although Brexit is expected to impact banks in German-speaking countries […]
Driven by powerful environmental, macroeconomic and technological factors, the global transportation sector is undergoing a historical period of transition. New business models like Mobility as a Service and the increasing economic viability of technologies like Electric Vehicles (EVs) will soon reshape how we travel. According to research by the International Energy Agency (IEA), the global […]
Many universities are currently suffering from inadequate governance structures and management processes, and are therefore unable to realize their full potential, neither nationally nor internationally. The same conclusion was drawn by an international panel of experts evaluating the Excellence Initiative. The phenomenon ranges from an unclear definition of an organization-wide strategy and the lack of […]
Industry 4.0 promises the industry attractive opportunities to use new capabilities for networking, information transparency, technical assistance and decentralized decisions. It should not, however, be an end in itself for the companies. Instead, it must be closely tied to clear economic objectives and potential. Industry 4.0 offers industrial companies the opportunity to increase efficiency, boost […]
Today, a mobile phone seems an obvious technological jump. However, in 1982, it was unimaginable because the associated task – making a phone call without a cord – was outside our realm of connected understanding. While we were capable of connecting the tasks of flying and driving into a flying car, trying to imagine disconnected […]