Alert! Fin/Ins - Are you ready for the Global Millennials?
Prime Global

Alert! Fin/Ins - Are you ready for the Global Millennials?

About a year ago I had written a post about Tencent, a messaging company in China.  An article in The Economist published a couple of days ago (link in the bottom of the post) got me looking further as to how we all have progressed.

There are a lot of Fin/Ins companies who have been behind the curve with social and digital transformation while a limited few finance & insurance companies have forged along  with  JV’s/partnerships and acquisitions type relationships.

 Four observations from a year ago:

  1. Tencent and emerging powerhouses are opportunities we in the Fin/Ins West have to seriously consider, and be closely aligned with the internal Innovation and venture BU's.
  2. There appears to be some progress with a limited few - socially & digitally transformed Fin/Ins global companies.
  3. Business collaborations have begun to emerge in social and mobile at internal venture and innovation BU's. Kudos!
  4. Ten Cent is still a bull.

 Alert! Alert!Global Fin/Ins companies to innovate with new demographically regional /state /country specific focused products & user centric designs which are uniquely positioned for the millennials.

Next steps:  Innovation, Sales, Social + Digital Marketing + UX should form a tighter bond. 

'The Economist Article'

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