We continued to execute our strategy with great success in 2017. However, for us, strategy execution not only means focusing on our own strategic choices, but it also means putting the strategies we develop for our clients into action. There is a high level of pressure on our clients to transform very quickly, and our strategic setup that combines business consulting, technology, and IP assets is built to allow for quick responses. We can advise on new business models and, at the same time, offer support all the way through to piloting and testing new technologies. This combination is critical in a market where it is not good enough just to put a strategy on paper.
Innovation, digitalization, and regulation are key to our clients’ success. That’s why we made them key initiatives at our firm. We nurtured a culture of innovation, creating a steady flow of ideas and established structures to manage the ideas for rapid results. We developed a holistic approach to digitalization that not only includes technology, but also business management, change management, and a good understanding of social consequences. In addition, we created a product unit for regulatory technology to respond promptly to the stream of changes emerging from regulation.