Michele Morgan

Jan 6, 2025 | the-future-of-commerce.com | Michele Morgan

Across industries, rising prices, rapid technology advancements, and growing customer expectations have forced many companies to reexamine old assumptions and devise new strategies. Insurance is no exception. There are several insurance trends for 2025 that leaders must act on. In an industry that’s saturated—new digital-focused competitors fill the market— industry incumbents must stay flexible so that they can provide products and services that will pave the way to competitive differentiation.

Oct 14, 2024 | the-future-of-commerce.com | Michele Morgan

The banking industry is undergoing radical change as traditional institutions break out of familiar business models to stay ahead of new, nimble competitors. Success in today’s market requires that banks operate with creativity and efficiency.

Oct 8, 2024 | forbes.com | Michele Morgan |Jacqueline Prause |Tim Clark

By Michele Morgan, SAPThe construction industry accounts for 14.2% of global GDP. But as other industries have steadily grown their productivity in the last few decades, construction productivity has been stuck in the mud. Between 1970 and 2020, as aggregate productivity for the U.S. economy doubled, labor productivity in the U.S. construction sector declined an average of 1% a year. Some estimates put this at $30 billion to $40 billion in losses. Meanwhile, schedule and cost overruns are the norm.

Oct 3, 2024 | the-future-of-commerce.com | Michele Morgan

The construction industry accounts for 14.2% of global GDP. But as other industries have steadily grown their productivity in the last few decades, construction productivity has been stuck in the mud. Between 1970 and 2020, as aggregate productivity for the U.S. economy doubled, labor productivity in the U.S. construction sector declined an average of 1%  a year. Some estimates put this at $30 billion to $40 billion in losses. Meanwhile, schedule and cost overruns are the norm.

Sep 25, 2024 | the-future-of-commerce.com | Michele Morgan

2 shares Listen to article In a market that’s largely saturated and also pressured by new digital-focused competitors, insurance companies need to develop additional revenue streams beyond traditional distribution models. The convergence of insurance with other industries is helping some firms reach that goal. Several global trends are helping to accelerate convergence in the insurance industry.