Innovation and change management

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Innovation in product development and in the manner of sale

Demographic, social, technological and behavioural changes lead to a growing need for innovation in product development and sales processes. An important success factor is to uncover the innovative potential of the insurance company and so to take a significant step towards a culture that supports innovation. In current market conditions, bringing significant innovations to the market is an important means providing opportunity for growth. Innovation is also a way to retain talent, but an inappropriately chosen approach can result in high costs for innovation, long lead times for implementation and the risk associated with commercial failure. In recent years, major innovation in the areas of product development and sales processes has been hardly noticeable, especially in connection to life insurance.

How we can help

  • Preparation of the organisation’s structure so that the capacity and resources are ready  for change
  • Preparing managers to lead teams in the change process
  • Placing the right people with the right skills in the appropriate roles at the right time
  • Identification of people affected by change and their involvement in the implementation and sustainability of the changes
  • The introduction of changes in corporate culture as an element of competitive advantage
  • The introduction of control mechanisms and coordination needed to manage projects successfully  in order to achieve the objectives
  • Engaging and motivating resources to focus on the right activities and support efforts to achieve high output quality and work efficiency in implementing the change
  • Design of effective strategies for human resource development and their professional growth

Change Management

To stay competitive in the market, it is crucial to get the best from people across all levels of the company in times of continuous change. Strategy, process, and technology alone will not bring the desired results. To achieve those, it is inevitable that people accept, adopt, develop and maintain change in order to achieve tangible results. Success in business depends on strategic flexibility and an ability to act.

How we can help

  • Preparation of the organization’s structure so that the capacity and resources are ready to make a change
  • Preparing managers to lead teams in the change process
  • Placing the right people with the right skills in the appropriate roles at the right time
  • Identification of people affected by the change and their involvement in the implementation and sustainability of the changes
  • The introduction of changes in corporate culture as an element of competitive advantage
  • The introduction of control mechanisms and coordination needed to successfully manage projects in order to achieve the objectives
  • Engaging and motivating resources to focus on the right activities and support efforts to achieve high output quality and work efficiency in implementing the change
  • Design of effective strategies for human resource development and their professional growth