STRATEGY
40 model and there ’ s the operating environment . Most people forget about the operating environment and that has to do with purpose . What ’ s the purpose for your organisation ? The skills , and attracting the right talent , and training , that ’ s vital to the operating environment .”
Steinberg highlights developments in additive manufacturing ( 3D Printing ) and Blockchain as particularly exciting but believes EY shouldn ’ t just be leading with technology . “ We need to make sure we ’ re focused on solving real business problems . Clients lose sight of that and they get into all these technology projects and then you come back and say , ‘ Where ’ s the ROI ?’ So , what ’ s the business problem we ’ re trying to solve ? And then look at the right combination of digital technologies to achieve that goal .”
How is EY embracing Blockchain to help clients with procurement ? “ We ’ ve branded our EY Ops Chain ,” reveals Steinberg . “ We ’ ve got projects underway all over the globe . Here in the US , in the Midwest , we ’ re working with a very large consumer products company . We did a use case in the procurement space , for example . Think of hundreds of contract manufacturers and thousands of suppliers . Lots of complex pricing on each of those , discounts with volume thresholds . Well , this consumer products company has
NOVEMBER 2018