The debates organized by the editors of Capital24.tv on management in the digital age have yielded many valuable comments and reflections on the key challenges facing organizations.

Beata Drzazga, founder of BetaMed SA, stressed that digital transformation is indispensable and a key element of competitive advantage. However, it is important to remember that people are behind this transformation, and organizational culture and generational differences are important. Implementing new technologies requires flexible adaptation of structures and processes, as well as appropriate staff training.

“We live in the digital age. Digital transformation is integrating technologies in so many areas that making significant changes in the way organizations operate is not a choice, but a requirement. It’s an investment that provides a natural competitive advantage over companies for whom artificial intelligence or the Internet of Things (IoT) remain futuristic terms. This pernicious thinking can cost such companies a lot. That’s why it makes sense to focus on finding spaces where new technologies can find application and influence the company’s growth. It is also worth seeing the human face of this transformation, which is people. For we are dealing with cultural change and generational differences in the

Within the same organization and even the same teams. Implementing new technologies requires redefining the approach to the entire organizational culture. Companies should be prepared to flexibly adapt their structures and processes and, of course, train their staff to use the new systems. The ever-increasing number of mobile devices, cloud computing and IT development make it necessary for an entrepreneur to approach data protection holistically, to use data skillfully, process it properly and learn from it. This increases the chances of dynamic business development, however, imposing a number of challenges faced by modern organizations,” Beata Drzazga said.

In another debate, Robert Paszkiewicz, head of the CEE region at OVHcloud, pointed out the challenges companies will face in the coming years. Cost optimization, implementation of ESG-related regulations, and reaching a new generation of price-conscious and price-sensitive consumers were cited as key areas to pay attention to. “The current year has been aptly described by McKinsey analysts as a time of trial and testing. This statement accurately reflects the slow recovery from market turmoil associated with, among other things, a postcovid reality that has been shaken by the war in Ukraine, galloping inflation, soaring electricity increases, and finally disrupted supply chains and component shortages. Hence, in the near term, I would typify that companies are facing cost optimization (continuing or just beginning). Optimization, which we at OVHcloud understand as an investment and in which new technologies are supporting the business brilliantly. Business also awaits the implementation of the directive related to ESG regulations, as well as the consistent implementation of a long-term strategy to reach a new generation of consumers – informed, critical and price-sensitive.” emphasized Robert Paszkiewicz

So in the face of these challenges, it’s important for organizations to have a clear vision and strategy for digital transformation, invest in developing employees’ digital skills, and create a culture of openness and innovation. In addition, generating savings through services that support business operations, such as automation, outsourcing and negotiating favorable contracts, can help increase operational efficiency.

In turn, Pawel Chmielewski, head of the Property Insurance Department at Willis Towers Watson Poland, stressed the importance of analytics in making informed decisions about risk management and insurance: “WTW, as a leading insurance broker, believes that analytics are critical to making informed and appropriate decisions in risk management, including insurance. In addition to the expected and traditional problems an organization faces, it also faces unique problems that require highly customized solutions. We see great benefit in providing executives with information that allows them to make informed decisions. What level of limit should be chosen? How much of the risk can be retained? Which risks are critical to the organization? How does insurance spending translate to the company’s balance sheet? Our analytical tools can be used to answer these questions, among others: Property Quantified, D&O Quantified, Climate Quantified or Cyber Quantified. We combine extensive analytical experience with relevant expertise. We analyze clients’ insurance programs and identify areas where improvement would be necessary. We have a proven approach when it comes to defining, modeling and pricing alternative forms of risk transfer. It is paramount that an in-depth analysis is one of the main phases of both the risk management cycle and the insurance purchase cycle. This will ensure that customers have the most suitable insurance program for their needs and that they have benefited from the insurers’ services in an efficient manner.”

All of these elements are key to an organization’s success in the digital age, where skillful change management and adaptation to new technologies are essential to remain competitive in the marketplace. More in the debates available on Capital24tv.co.uk

Beata Drzazga, founder of BetaMed SA, and Alex Kazimierski, Executive Director of Morgan Philips Group, discussed management trends with Rita Schultz. About trends in management – YouTube

Robert Paszkiewicz, head of the CEE region at OVHcloud, Lukasz Rumowski, director of the Investment and Marketing Department at Arcus SA, and Pawel Chmielewski Director of the Property Insurance Department, Willis Towers Watson Polska sp., talked to Tomasz Sanpruch about generating savings in companies. z o.o. Generating savings for companies, or services to support business operations – YouTube