Avoiding the 'Uber moment' in finance
The threat to banks is not technology. It's a failure to transform themselves to a truly customer-centric mode of operation, writes Justin Peyton of DigitasLBI.
The threat to banks is not technology. It's a failure to transform themselves to a truly customer-centric mode of operation, writes Justin Peyton of DigitasLBI.
To compete against startups that seek to transform their industry, existing financial institutions must make digital innovation an integral part of their culture.
Airbnb's eye-popping surge in value shows the profound power of a truly customer-centric brand, according to Wunderman Thompson's APAC transformation and strategy officer.
The pandemic has opened new customer experience opportunities that should not be ignored by only adding a few generic digital tools, says Wunderman Thompson's APAC strategy chief.
Consumer behaviour in response to COVID-19 fears and self-isolation differs in markets across APAC, says Wunderman Thompson research.
A rumoured merger may or may not happen. But it would make a lot of sense to both companies, argues Wunderman Thompson's chief transformation and strategy officer.
Consumers want more from brands in return for their data than well-targeted messages. So what can brands give them?
Brands are redefining their core principles to focus more on purpose and value, an opportunity for agencies to take a higher seat at the table — if they are up to it.
"If we stop focusing on next quarter and instead consider what is likely to occur in a few years’ time, it becomes easier to take decisive steps."
With adoption rates on voice-enabled home systems taking off, consumers will soon need to decide which AI ecosystem is best for them.