Shinn: Four trends for successful digital transformation By: Tony Shinn Guest Columnist July 16, 2021
Tony Shinn
Technological innovation is integrated throughout the daily operations of most companies, especially industries like the energy and aerospace sectors that constitute large parts of the Oklahoma City economy. According to a recent Accenture report, “future-ready” organizations are twice as efficient and three times as profitable as their peers.
The global pandemic prompted entire industries to rethink their strategies and implement digital innovations to stay connected with customers, employees and facilities. While the future is bright, it also can be blinding. With so much innovation moving so fast, businesses must see clearly enough to create their own digital road maps. A recent Bank of America report can help companies navigate their digital transformation.
Q&A with Tony Shinn: Trends in banking journalrecord.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from journalrecord.com Daily Mail and Mail on Sunday newspapers.
Lissau, Shinn: Prioritizing physical and mental wellness across Oklahoma
Bill Lissau
Tony Shinn
The coronavirus has affected every facet of our lives, and many of those changes will last far beyond the current pandemic. One change is an ongoing urgency to prioritize physical and mental health, and we must collaborate to support each other, our communities and the world – we’re all in this together.
For our part, Bank of America invested in the health of Oklahomans by supporting health care organizations such as the Oklahoma City Indian Clinic, the Bedlam Clinic, and other vital caregivers at a time when demand far outpaced supply. We’ve also committed to helping slow the spread of the virus by distributing personal protective equipment through partners like Mental Health Association Oklahoma and United Way. These donations of more than 330,000 masks and 3,600 bottles of hand sanitizer are part of how we help Oklahomans protect themselves and others while keeping our state h
Shinn: 2020 hindsight – lessons for 2021 By: Tony Shinn Guest Columnist January 8, 2021
Tony Shinn
While many companies are still dealing with the acute impacts of the economic and social disruption of 2020, innovative companies will apply what they’ve learned to excel in 2021. Here are several ways that companies can build resilience and weather future challenges, while being better positioned to capitalize on emerging opportunities.
A thorough, proactive review of internal processes and key relationships can help protect your company. It’s important to examine your supply chain and customer base for vulnerabilities that could impact your business and identify issues before they become larger problems. Create “what if” scenarios now and plan allocations for each.
Shinn, O’Hara: Restaurants will have to innovate after COVID-19
Tony Shinn
Cristin O’Hara
According to a widely cited psychology study, it takes an average of 66 days for a behavior to become permanent. What once were pandemic-driven paths to economic recovery in the restaurant industry are now customer-driven expectations – with no signs of slowing down. To survive, restaurants are finding ways to adapt into the technology-driven future of meal ordering and delivery, especially as many restaurants (and patrons) are looking toward special menus or family dining over the holidays.
The pandemic didn’t create innovation but rather accelerated trends already in motion. A 2019 report found that nearly 60% of restaurant occasions were already off-premises, with consumers saying they were using drive-thru, delivery and take-out more often. Now virtual menus, mobile ordering, and contactless payments are the norm, and are faced with the question of identifying the intersection of