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Business management

The shift to digital – where next for business?

Watch our FutureFit masterclass video for tips and insight on taking opportunities from digitisation and AI.

At our live FutureFit event, business pioneers shared how they’re future-proofing their operations and adapting to the pace of rapid technological change.

Clare Barclay, CEO at Microsoft UK; Lord Timothy Clement-Jones, spokesperson for the Digital Economy, House of Lords; Sue Daley, Director of Technology and Innovation at techUK, and Julie Dawson, Chief Policy & Regulatory Officer at Yoti agree the future is digital. Are you ready?

Watch now for their key insights.

Here are some key takeaways on taking a more renewable-focused approach.

1. The AI era will accelerate innovation 

Tech such as AI has the potential to change the way people work, the way society runs, and the way businesses operate. How prepared are you for answering some of the big questions it poses? Do you understand the ethical implications, what skills you might need, and whether your purpose might change?

2. Consider how and where AI can help your business

As technologies such as AI evolve, there is an opportunity to explore your business mindset and establish how you might use digitisation in a more efficient and productive way. What are your plans for using AI as the world changes?

3. Stay on top of where the challenges may lie

AI could improve fraud detection and be utilised to offer protection and safeguarding through, say, protecting peoples’ identities. But it could also change corporate governance structures and be exploited by fraudsters. Could you start to look at these issues now?

4. Can you get ahead of where you want to be?

After the pandemic many businesses are thinking hard about doing things differently as ways of work have changed. Using technology and digitisation for efficiency, productivity and a more sustainable way of working could be within your grasp – is this something you’ve considered?

Tomorrow’s truly sustainable businesses will be built on the actions we take today. Discover more ideas here and watch our FutureFit masterclasses on renewable energy and purpose to hear more tips on these key business themes.

This material is published by NatWest Group plc (“NatWest Group”), for information purposes only and should not be regarded as providing any specific advice. Recipients should make their own independent evaluation of this information and no action should be taken, solely relying on it. This material should not be reproduced or disclosed without our consent. It is not intended for distribution in any jurisdiction in which this would be prohibited. Whilst this information is believed to be reliable, it has not been independently verified by NatWest Group and NatWest Group makes no representation or warranty (express or implied) of any kind, as regards the accuracy or completeness of this information, nor does it accept any responsibility or liability for any loss or damage arising in any way from any use made of or reliance placed on, this information. Unless otherwise stated, any views, forecasts, or estimates are solely those of NatWest Group, as of this date and are subject to change without notice. Copyright © NatWest Group. All rights reserved.

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