Open Minds

Open Minds

Rethinking business in an era of convergence

Rethinking business in an era of convergence

As markets become more complex and connected, businesses are widening their scope and rethinking their strategic focus. 

Rapid tech innovation and rising consumer expectations are redefining sectors and the boundaries between them. Banks are moving into utilities. Tech firms are becoming carmakers. Hardware makers have morphed into software and IT solutions. The companies that understand and harness this collision – and who can draw lessons from across the economy – will set the pace in the decade to come.

With Brexit set to create further upheaval, it’s the firms that adapt quickest which will be best placed to succeed.

We are helping clients from across the economy deal with these emerging challenges. Whether it’s telecoms, energy, banking, insurance, investment management and beyond, no industry is an island. All stand to be affected by this revolution in working practices. All will require creative, agile business models if they want to succeed.

Above all, this means embracing smarter partnerships and adjusting to new facts on the ground – looking beyond traditional boundaries in the quest for the next good idea. 

 

Subscribe to future editions of Open Minds for the latest thinking on business convergence. 

Connect with us

KPMG’s new-look website

KPMG has launched a state of the art digital platform that enhances your experience and provides improved access to our content and our people, whatever device you are on.

Digital Concierge

Digital Concierge

Siri in a suit? The digital assistant is set to redefine the way we conduct business.

How Wejo is finding value in data for the motor industry

How Wejo is finding value in data for the motor industry

Wejo could transform the motor industry and drive smart mobility, by harnessing the constantly increasing volumes of data received every second.

Innovation Culture

Innovation divisions a waste of time, says organisational theorist Fons Trompenaars.

 
Read more

Key to energy innovation: Partnership

Energy firms that prioritise innovation and customer experience can thrive.

 
Read more

AI's future in healthcare

Your.MD founder Matteo Berlucchi explains what impact AI can have in healthcare.

 
Read more

Data, privacy and crossing the line

When does ‘helpfully close’ cross the line to become ‘creepy and intrusive’?

 
Read more

Four steps to joint venture success

More organisations are forming alliances with others from completely different sectors.

 
Read more

Sir Philip Hampton discusses the gender gap

GlaxoSmithKline Chairman discusses why closing the gender pay gap fosters innovation.

 
Read more

Intelligent cars demand smarter business models

Driverless vehicles could overhaul software, finance and telecommunications industries.

 
Read more

Aviva Group CEO discusses digital transformation

How Aviva’s new Digital Garage is bringing fresh thinking to the UK insurance sector.

 
Read more