It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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Growing With XTechs
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Manage episode 355558772 series 3409705
Content provided by MIT CISR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MIT CISR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Alan Thorogood reads MIT CISR's February 2023 research briefing, which he co-authored with Peter Reynolds. See the text version and related content at https://cisr.mit.edu/publication/2023_0201_GrowingwithxTechs_ThorogoodReynolds. Abstract: Increasingly, large organizations are partnering with xTechs to supercharge their digital transformation. This is a symbiotic relationship: an xTech brings speed, innovation, and lower cost because xTechs don’t face the process, scale, and governance burdens of large organizations. In exchange, the xTech gains access via its large organization partner to capital, revenue, and cash flow, which support scaling quickly. But how successful are the partnerships in reality? We set out to learn about the motivations, rewards, and challenges of xTechs and organizations working together. This briefing, the first in a series on xTechs, shares our findings on successful partnering strategies in financial services.
…
continue reading
79 episoade
MP3•Pagina episodului
Manage episode 355558772 series 3409705
Content provided by MIT CISR. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by MIT CISR or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Alan Thorogood reads MIT CISR's February 2023 research briefing, which he co-authored with Peter Reynolds. See the text version and related content at https://cisr.mit.edu/publication/2023_0201_GrowingwithxTechs_ThorogoodReynolds. Abstract: Increasingly, large organizations are partnering with xTechs to supercharge their digital transformation. This is a symbiotic relationship: an xTech brings speed, innovation, and lower cost because xTechs don’t face the process, scale, and governance burdens of large organizations. In exchange, the xTech gains access via its large organization partner to capital, revenue, and cash flow, which support scaling quickly. But how successful are the partnerships in reality? We set out to learn about the motivations, rewards, and challenges of xTechs and organizations working together. This briefing, the first in a series on xTechs, shares our findings on successful partnering strategies in financial services.
…
continue reading
79 episoade
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