Key Considerations for Veeva Vault Implementation

Key Considerations for Veeva Vault Implementation

One of our clients, a major biopharmaceutical company, struggled to distribute content across more than fifty countries and thousands of people around the globe. They were using 18 disparate content management systems – each with its own processes. As they looked to digitize the back office to create efficiency and standardization globally, they selected a new, consolidated platform in Veeva...

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What I Learned About Agile Project Management from Running a Household

What I Learned About Agile Project Management from Running a Household

Last year, I decided to try an experiment at home. The experiment focused on applying agile project management techniques to running our household; I wanted to learn if these techniques, like scrum boards, acceptance criteria, the definition of done, retrospectives and stand-ups, could help us manage our housework as efficiently and effectively as my client projects. …

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Innovation Series: 4 Important Lessons that will Help You Run a Practical Innovation Function

Innovation Series: 4 Important Lessons that will Help You Run a Practical Innovation Function

In part 1, we discussed how emerging technology can take several decades to become mainstream and deliver on its commercial promise—highlighting touch screens, voice recognition, and machine learning as examples. Now we want to dive into turning innovations into realities. In our experience in building a corporate innovation function over the last five years, we have learned four important...

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Innovation Series: Learning What We Mean by ‘Practical Innovation’

Innovation Series: Learning What We Mean by ‘Practical Innovation’

Understandably, most CEOs want their organizations to proactively innovate instead of finding that innovation has shown up at their doorstep. Forced adaptation is rarely pleasant. But when you look at examples of corporate innovation in the market today, only a select few are successful. How is it that some companies can stay on top of changing technology and market trends and others...

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Creating Opportunities for a College Education: Talking with Jessica Bartnick of Foundation for C.H.O.I.C.E.

Creating Opportunities for a College Education: Talking with Jessica Bartnick of Foundation for C.H.O.I.C.E.

One of the best things about our profession is the opportunity to meet and collaborate with so many talented and interesting people at our clients and in the community. This blog series introduces some of the executives with whom we work and spotlights the ways they are leading and making their mark, both personally and professionally.…

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Building a Bridge to Today’s Utility Customers

Building a Bridge to Today’s Utility Customers

Yesterday’s ratepayers are today’s power consumers – a reality that has plenty of utility execs reaching for the antacid. Ratepayers were mostly passive purchasers of electricity. Consumers have a long list of demands that includes energy efficiency, electric vehicle charging, renewable energy, and dynamic pricing. Some of them are even becoming mini-utilities themselves, mounting solar arrays...

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Data Security in a Quantum World

Data Security in a Quantum World

In a 2018 study by the Ponemon Institute, the global average cost of losing one record to a data breach was estimated to be $148. For the United States, this cost rose to $233, giving it the highest average total cost at $7.91 million per incident. With the world experiencing a Cambrian Explosion of data growth, forecasted at 42% through 2020, minimizing the impact of malware is essential.…

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West Monroe Named in Forrester’s Latest Report “Now Tech: Digital Business Transformation Accelerators, Q4 2018”

West Monroe Named in Forrester’s Latest Report “Now Tech: Digital Business Transformation Accelerators, Q4 2018”

You can’t go far today without hearing the word digital. It’s a broad and often confusing word – digital means something a little different to everyone. What we do know is that it’s critical to think about how your business should be shifting in the digital world. We often talk to clients that need our help tackling broad digital issues – how to think about it, where to start, what’s next...

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Lean Methodology in Banking M&A

Lean Methodology in Banking M&A

Utilizing Lean methodologies as part of your M&A strategy may  help your bank realize more value. To be expected, acquisitions can cause significant disruption to the day-to-day operations of a bank. Because of the potential change in business processes as well as reallocation of the workforce, this disruption creates a significant opportunity to implement a Lean Culture into the...

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Take the Next Step in Your Digital Maturity for Revenue Growth

Take the Next Step in Your Digital Maturity for Revenue Growth

To realize we now live in a digital world doesn’t take much. And as companies are looking to digitally transform—in what seems to be overnight— many struggle on where to start or understand which digital initiatives will drive revenue and ultimately increase their bottom line. According to our survey of over 400 business leaders, the results were clear: The more digitally mature your...

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Email: marketing@westmonroepartners.com
222 W. Adams
Chicago, IL 60606
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