There is not a single company that did not set its Innovation Lab, Garage, Village or whatever Business Unit that supposes to engage, embrace the digital world.
“Brilliant start-up innovations don’t always get the attention they deserve".
KPMG wishes to bring innovative ideas to reality by supporting young start ups.
"KPMG had what it calls an “innovation network" they need to put it to work"
Venture capitalists, research institutions, and industry leaders – accessible to the firm’s corporate clients. What they launch is a "Digital Village" that will respond to a demand by industry leaders for an “innovation ecosystem that not only incubates and accelerates new ideas but also commercializes them”.
"What are we suppose to develop, disrupt the industry".
KPMG took times to set this up, yet it is not too late. The real question is what are they going to do with it. Indeed the first fear of all these new set ups is the unknown. While they have great infrastructure, budget and resources, they miss the expertise and experience.
Matthias de Ferrieres has more than 15 years experience in the insurance industry in Asia.