AJ Blackston’s Post

ISU Group forms advisory board following Steadfast acquisition LINK: https://lnkd.in/epZHM3u7 #ConsultingIssues #TheDailyConsultant #Strategy #Innovation #Leadership #Management #Business #Operations #Advisory #Finance #Project #Policy #Process #Technology

Business notes for the week of Sept. 2 LINK: https://lnkd.in/etTYy5YV #ConsultingIssues #TheDailyConsultant #Strategy #Innovation #Leadership #Management #Business #Operations #Advisory #Finance #Project #Policy #Process #Technology

Business notes for the week of Sept. 2 LINK: https://lnkd.in/emEBCPeh #ConsultingIssues #TheDailyConsultant #Strategy #Innovation #Leadership #Management #Business #Operations #Advisory #Finance #Project #Policy #Process #Technology

Stefolga Group CEO, Engr. Femi Sanni, Honoured With NICE Fellowship LINK: https://lnkd.in/eQms_pEc #ConsultingIssues #TheDailyConsultant #Strategy #Innovation #Leadership #Management #Business #Operations #Advisory #Finance #Project #Policy #Process #Technology

“Every company wants to be innovative, but few truly understand what that means. And within an industry undergoing an evolution, like insurance, the term is tossed around freely, and often misused as simple improvements are misclassified as innovations. It’s used to signify a change in process, a new way of thinking, a different leadership team or an improvement to a workflow — but in many cases, these adaptations are far from innovative. The question then becomes, what is true innovation? And once we define it, how do we unleash it in productive ways to advance the industry?” My latest for Risk & Insurance breaks down the differences between incremental growth and disruptive innovation as learned at the recent The Institutes CPCU Society leadership event taught by Euvin Naidoo of the Thunderbird School of Global Management. Did you attend this #disruptiveinnovation session at #In2Leadership24 in Phoenix last month? What did you think? #cpcu #innovation #abileads #insurtech #insurance #risk #leadership #leadershipdevelopment

Matt Vnuk, a compensation advisor, is right, of course, that "given their role as the face of the board in front of shareholders and others, there is reputational risk." And, as hazard duty typically requires a greater incentive, it makes sense "that companies should consider paying extra to compensate for (it)." There's more. The costs of reputation harm for a board member are personal and impact their future earning potential. The loss of a median pay of $325,000 per board per year is hardly offset by a $75,000 retainer (at the high end). Contingent loss is best offset by insurance, and a $5-$10m parametric reputation value loss insurance policy is a far more effective (and therefore compelling), cost-effective, and efficient form of protection for lead directors...and the board as a whole. Almost no public company would have a board member would serve today without Sides A, B, and C D&O Liability Insurance. Nor would directors likely serve. Yet their reputations are fully exposed and they personally have to bear the costs. Should they not also demand "Side R" - Reputation Insurance? Agenda Lindsay Frost John Rodi KPMG US Compensation Advisory Partners Tom Johansmeyer Peter Gerken Denise M. Williamee, LSSWB Duncan Ashurst

Insurers are candid in their admission that they do not have a comprehensive understanding of the skills and roles required in the future. 🤔 Embracing digital and analytics transformation is the need of the hour, but how do insurers get it done? Here are the key takeaways: 📝 Invest in 'last mile' efforts like talent, capabilities, and change management. 👥 Prepare for the future of work by formalising new roles and ways of working. 🐘 Chunk out the digital elephant into staged, value-driven solutions. 🏆 Secure strong sponsorship from the top to drive transformation. Insurers must adopt a business-centric approach, learn from best practices, and address challenges proactively to maximise the impact of digital and analytics. #DigitalTransformation #DataDriven #TalentDevelopment #ChangeManagement #StrategicPlanning #Leadership #InsurTech #DigitalAdoption #CapabilityBuilding #FUSE

Excited to share insights from the latest edition of Leader's Edge! 📰 In the ever-evolving landscape of business, successful integration after an acquisition is paramount. Honored to have had the opportunity to contribute to an article in Leader's Edge magazine discussing this crucial topic. PCF Insurance Services Leader's Edge Magazine #CIAB ##Leadership #Integration #Acquisition #BusinessInsights https://lnkd.in/gX4M52UG

"Women belong in the room" – how one insurance leader is tackling impostor syndrome LINK: https://lnkd.in/ejbU45xA #ConsultingIssues #TheDailyConsultant #Strategy #Innovation #Leadership #Management #Business #Operations #Advisory #Finance #Project #Policy #Process #Technology

Navigating change in the insurance industry requires agility and strategic foresight. Our thought leaders at CPED bring you this insightful article titled "The Insurance Industry’s Guide to Change Agility". It's a goldmine of strategies and insights tailored for our dynamic industry. As we adapt to an ever-evolving landscape, understanding the nuances of change agility is crucial. I highly recommend this read for anyone looking to stay ahead in the insurance world. It's not just about reacting to change; it's about thriving through it. 🔗https://lnkd.in/gf-5HkEd Post below, I'd love to hear your thoughts on how your organization is embracing these change strategies. #InsuranceIndustry #ChangeAgility #Leadership #GrowthMindset #UWCPED https://lnkd.in/gf-5HkEd