September 20178 The digitalization of business models has been the focus of much discussion recently. Organizations are changing the way they have to conduct business as the shift to a platform economy brings technology and consumers even closer. We all know how this disruption is occurring in the consumer arena and benefit from it, but what is less apparent is the change in the institutional space. Traditional methods and purpose are no longer viable in this digital economy and a new set of skills are required to support and lead transformation. Take BNY Mellon, the closest example I can draw upon. Driving innovation within financial services for the past 233 years--ever since we were founded by Alexander Hamilton--now more than ever the vast opportunities and challenges created by digital innovation and acceleration are too great to ignore. This applies not only to the solutions and services we provide to clients and their stakeholders, but also to our operations in delivering best-in-class services. For project management professionals, digital disruption is upturning the approach you need to take and highlighting considerations such as - what objectives (implicit and tacit) are end users expecting to accomplish? What extra insight can I provide over competitors? What skills do I need to manage risk and uncertainty in a digital world? How do I provide a meaningful and unique in my viewWhat might Digital Disruption Mean for Project Management ProfessionalsHans BrownBY HANS BROWN, HEAD OF CLIENT TECHNOLOGY SOLUTIONS,ASIA PACIFIC, BNY MELLON
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