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10 quotes by Brian Solis on the Future of Business
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In an expanding range of tech, AI, and advanced manufacturing industries, there are growing issues and concerns for assuring: - Product safety and safety-related quality - User/patient safety - Employee/contractor safety As well as the wellbeing of other stakeholders
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Enhancing and Restoring Safety & Quality Cultures - Dave Litwiller - May 2024...
Dave Litwiller
Insurance IoT is a social good! Because: 🔵 Expected losses can be reduced structured programs with both real-time mitigation actions to solve a specific situation, and behavioral change mechanisms to promote safer behaviors (both in personal and commercial lines) 🔵 Rate can be matched to risks better: - Smaller and more accurate pricing clusters allow a large part of profiles to receive a lower rate - Even with the ability to price the individual probability of loss (cluster of one) the insurance foundation isn’t canceled (The risk of each policy will contribute to the expected losses of the portfolio; The premiums paid by many lucky policyholders will be used to pay the claims of the few unlucky policyholders who had an accident in a period of coverage) 🔵 IoT data can be used to increase the effectiveness and efficiency of the claim process, so improving the combined ratio ceteris paribus ⏩ Large part of the policyholders will pay less (and portfolios currently difficult to insure will become more insurable) Insurance IoT (and telematics) is not about providing a discount Insurance IoT (and telematics) is about creating economic value using the data and sharing part of this value with policyholders (and agents & brokers) An integrated holistic adoption of the IoT paradigm is a game changer for your insurance business and a social good: ◾ it allows to improve the availability and affordability of insurance coverages ◾while allowing the sector to write a profitable business Below you can enjoy a selection of best practices in both personal and commercial lines - written with some of the IoT Insurance Observatory members - that have already started to obtain results from their IoT business transformation journeys
Insurers' journeys to build a mastery in the IoT usage
Insurers' journeys to build a mastery in the IoT usage
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Seven is an important number in the bible, life, and business. This presentation captures many uses and the significance of the number 7 with links to source materials.
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Organisational success today depends on effective communication and collaboration with individuals from cultures with varying beliefs and practices. Indeed, with the workforce increasingly comprised of people of varying cultural backgrounds, leaders must now prioritise the significance of cultural competence in the workplace. Ensuring cultural competence at every level of your organisation cannot be understated. While cultural disparities can manifest in different ways, as a leader, you must build deep and nuanced cultural competence skills and education to accurately spot, address and alleviate the various scenarios that can arise. Failing to recognise the importance of cultural competence or not acting to improve it can lead to cultural negligence. There are a few things to consider to ensure your organisation is on the right track. In this deck, you'll understand the importance of building cultural competence in the workplace. You'll also learn • The three (3) dimensions of Cultural Competence in the workplace • Key strategies to build a culturally competent workforce • Major benefits you stand to gain by having a culturally competent team.
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Insurers' journeys to build a mastery in the IoT usage
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BRIAN SOLIS QUOTES 10
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BrianSolisisa –––––––––––––––––––digitalanalyst
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BrianSolisisa –––––––––––––––––––keynotespeaker
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BrianSolisisa –––––––––––––––––––futurist
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BrianSolisisa –––––––––––––––––––bestsellingauthor
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Hestudiesthe effectsofemerging technologyon business,marketing, andculture.
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In2008,hewasnamedaspart ofSiliconValley's40Under40
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Mashablenamedhim oneofthe "25TwitterAccountsThatWill MakeYouSmarter" briansolis
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201320112011 Let’slookatquotesfrom hisbooks
11.
Welcometoanew eraof marketingandservicein whichyourbrandis definedbythosewho experienceit. @briansolis TheCompleteGuideforBrands andBusinessestoBuild, Cultivate,andMeasure SuccessintheNew Web 2011
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Socialmediaislessabout technologyandmoreabout anthropology,sociology, andethnography. @briansolis tweet
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Socialmediasparka revelationthatwe,the people,haveavoice,and throughthe democratizationof contentandideaswecan onceagainunitearound commonpassions,inspirecommonpassions,inspire movements,andignite change. @briansolis tweet
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Socialmediaisthe democratizationof information,transforming peoplefrom contentreaders intopublishers.Itistheshift from abroadcastmechanism, one-to-many,toa many-to-manymodel,rootedmany-to-manymodel,rooted inconversationsbetween authors,people,andpeers. @briansolis tweet
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Welcometoanew eraof marketingandservicein whichyourbrandis definedbythosewho experienceit. @briansolis TheEndofBusinessasUsual: Rewirethewayyouworkto succeedintheconsumer revolution 2011
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Eachbusinessisa victim ofDigital Darwinism,the evolutionofconsumer behaviorwhensociety andtechnologyevolve fasterthantheability toexploitit.Digitaltoexploitit.Digital Darwinism doesnot discriminate.Every businessisthreatened. @briansolis tweet
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Businessesareno longerthesolecreator ofabrand;itis co-createdby consumersthrough sharedexperiencesand definedbytheresultsof onlinesearchesandonlinesearchesand conversations. @briansolis tweet
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Sharedexperiencesare formsofsocialcurrency. Peoplesharethingsto show theirfriendsthat they’reinvestinginthe conversation.Shared experiencescanbe shapedandsteered.shapedandsteered. @briansolis tweet
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Welcometoanew eraof marketingandservicein whichyourbrandis definedbythosewho experienceit. @briansolis tweet
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Tosucceedinthe businessofthefuture, wehavetobecomethe verypeoplewe’re tryingtoreach. @briansolis tweet
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Theonlywaytounderstand new cultureandbehavioris togonative.Goingnative referstotheprocessof observing,learning,and deepeningtheinvolvement ofananthropologistwith theirhostsandtheirhosts’theirhostsandtheirhosts’ culturesthroughlong-term fieldworkandparticipation. @briansolis tweet
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