Finance Monthly Global Awards 2019 Edition

Finance Monthly Global Awards 2019 www.finance-monthly.com 20 IRELAND DIGITAL STRATEGIST OF THE YEAR ABOUT PAUL PRIOR Paul Prior is a an award-winning Digital Strategist, and leads Digital & Innovation as part of FTI Consulting’s Digital Science practice. He is a vertern of two decades working with the Fortune 500 companies, High Potential Start-Ups and SME’s across EMEA, North America, South Africa, Australia and South America. The 75 specialist practioners that make up FTI Digital Science are commited to outcome- driven engagement, and pride themselves on being the “Experts that Experts Call”. They achieve this by combining deep expertese with quantifiable results, and are objective in regularly challenging and evolving our methods to better suit your organisation and the market. FTI Digital Science offers services in the areas of Advanced Analytics, Digital & Innovation, CleanTech, Business Transformation and Data Compliance. As Digital & Innovation lead, Paul helps organisations increasemarket share, profit and revenue and/or reduce cost and regulatory burden through two market leading digital propositions. Innovation As A Service helps organisation design new products, services and propositions through a prioprietry method called Accelerated Innovation Method (AIM). AIM draws upon the work of thought leaders in the area of disruptive innovation, neuroscience and change management. It is designed to remediate a number of issues that have resulted in innovation intiatives success rates dropping to 20%. Meaning only one in five products or services developed through traditional innovation approaches ever makes a profit in the marketplace. Common failures include a failure to quantify the value of innovation, failing to tackle culture change and implicit bias, and failing to truely understand that buyers make decisions unknowingly. The AIM approach has been shown to quadruple success rates. The second proposition, called Digital Ecosystem Value Assessment”(DEVA) gets to the core of why 80% of Digital Transformation programmes are failing. DEVA can be used by your organisation to evaluate existing Digital Strategies or design new Digital Strategies that quantify the benefit across revenue, profit or cost reduction. It uniquely takes into account the KPIs inherent in your organisation, the Digital KPI’s that support them, and recognises the positive and negative coorelation between the two. It does so by evaluating success across seven different elements of the Digital Ecosystem: how customers and staff are engaging with your organisation, the optimal channel mix, the capacity for Value Chain Automation, the level of Data Maturity inhernet in your organisation, the potential for digital enablement, the digital operationing model and, finally, the level of data compliance. A regular key note speaker and media contirbutor, Paul has been featured in publications such as the Ehical Boardroom, The Guardian, the Sunday Business Post and The Times amonst others. He regularly speakers at conferneces across EMEA and the US on topical issues such as Regulation and Compliance, Digital Transformation, Blockchain Strategy, Fintech and Innovation. PAUL PRIOR FTI Consulting’s Digital Science Practice Digital & Innovation Leader FIRM PROFILE FTI Consulting is a global business consultancy trading on the NYSE, with over 4700 professionals worldwide, three of whom are nobel loriates. FTI have over 80 given discuplines, advise more than 50% of the Fortune 500, and seven out of 10 of the top bank holding companies. www.fticonsulting.com