Staying at the forefront of the gig economy


By Amirali Mohajer, Forefront Lead, Deloitte

Roland Coase, the brilliant British economist, had a simple and yet profound insight on the nature of firms. He recognised that the reason firms exist is mainly to reduce the transaction costs of going to the market for every single input they needed for production. It is simply too costly to identify the right supplier, negotiate a price and sign a contract for every nut and bolt needed. It makes sense for the entrepreneur to hire people and bring things in-house. However, Coase also recognised that as entrepreneurs create and grow their companies, they will create their own internal transaction costs. The bureaucracy needed to organise and allocate resources will become less efficient as the firm grows.

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Posted on 21/02/2017 | 0 Comments

An audience with the voice of global FinTech

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A Q&A with Lawrence Wintermeyer, CEO, Innovate Finance

Q. Which developments have had the most significant impact on the FinTech industry over the last few years and how have these developments changed the direction of the industry?

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Posted on 31/01/2017 | 0 Comments

Enabling Better Decision Making; the Power of Intelligence Fusion


By Al Bowman, Risk Sensing Lead, Deloitte

Decision making is an integral part of life. The busier we get, the less opportunity we have to create the time, space and capacity to self-inform the decision making process. There are different techniques we can adopt to narrow the number or complexity of decisions that have to be made, for example, Mark Zuckerburg famously limits his choice of what to wear in order to maintain some capacity for more important decisions.

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Posted on 27/01/2017 | 3 Comments

The importance of disrupting yourself as a business


By Carolyn Fairbairn, Director-General, CBI

The pace of change in the business environment is accelerating. It is no longer the strongest businesses that survive and thrive - but rather the ones that adapt. A perfect concoction of technological advances and evolving customer behaviour means businesses across all sectors must be prepared to change.

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Posted on 14/11/2016 | 0 Comments

Mission: Impossible - Build a start-up in a large corporate

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By Peter Harris, Propel by Deloitte lead

Eighteen months ago, three colleagues and I took on a new challenge. A challenge never previously undertaken at Deloitte – build the firm’s first start-up.

If the feat wasn’t already large enough, our aim was to build a start-up for start-ups called Propel by Deloitte - an accounting and analytics service that could empower ambitious start-ups and small businesses to grow. This meant accessing a new market and engaging a new audience.

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Posted on 10/11/2016 | 0 Comments

How do you create a culture of innovation in your business?


By Katy Bentley, Innovation Portfolio lead, Deloitte

Success is good. Failure is a bad. Synonyms for failure include breakdown, downfall and non-performance. Oddly the word lemon also features and I am reminded of the proverb “when life gives you lemons make lemonade”. Can this also be applied to failure? To experiment and fail but take the lessons you have learnt to create a recipe for something greater than the sum of its parts, making failure a crucial part of success.

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Posted on 04/11/2016 | 0 Comments

The power of the Crowd: Easy access to affordable data, anywhere in the world

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By Tugce Bulut, CEO, Streetbees

At no point in history have communications and culture moved faster than today.

This is the age of the collaborative, co-creative, knowledge-based, hyper-productive organisation. The accelerating pace of change in business means there is an ever-growing urgency to connect the right people with the right information to drive business decisions. This can often mean the difference between success and failure.

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Posted on 02/11/2016 | 0 Comments

What benefits can automation provide to the public sector?


By Vimi Grewal-Carr, Innovation lead, Deloitte and Jemma Venables, Innovation Insight, Deloitte

During the past six years of austerity the public sector has been under significant pressure to cut costs and at the same time improve service delivery.

This seems like an impossible ask.

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Posted on 28/10/2016 | 0 Comments

Working in a new way: Engaging millennial talent

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By Greg Howard, Deloitte Pixel lead

It would probably surprise you to learn that a quarter of your millennial employees – these born after 1985 – would like to quit their current jobs sometime this year. Those that do want to stay want to mix where they work between the coffee-shop-around-the-corner, their home office or even at the beach, if that’s okay with you? Oh, and they’d prefer not to work 9-5. Instead, they’d like to go to the gym mid-morning and grab a coffee with a friend mid-afternoon.

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Posted on 25/10/2016 | 0 Comments

The 7 Robotic Skills driving the rise of the Robotic and Cognitive Bank and Insurer

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By David Wright, Robotics Lead for Global Business Services, Deloitte

There has been a LOT of hype around the impact of robotics software on financial services, and indeed on all service industries, but there is still a lack of clarity around what this genre of software can do. I often hear: “Let’s have a go and see what happens…” but is there a way to deploy this software more effectively?

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Posted on 28/09/2016 | 1 Comments