Every business wants to be successful. In today’s highly competitive landscape, innovation can help enterprises to remain relevant in the upcoming years. There is so much competition across industries, and innovation is the critical ingredient to stand out and have a competitive edge. It can help companies adapt to the changes in consumer preferences and make better products. 

Andrew Pek noted that unquestionably, entrepreneurs could achieve growth by embracing innovation. “If you wish to have long-term success for your business, developing an innovative culture is crucial. Innovation allows you to expand to other markets faster and provide you opportunities to connect with emerging markets,” Andrew explained. With the help of a trusted advisor, companies can integrate innovation into their culture. 

When it comes to innovation, the go-to guy is Andrew, otherwise known as the Consultant’s Consultant.  He established the online consulting course Consulting Unplugged ® and is the CEO of DxD Partners. Through the years, Andrew guided numerous companies across various industries in their innovation journey and attained breakthrough success. He has been the premier choice of top corporate institutions in the world.  

The Challenges Face By BNP Paribas

Over the years, Andrew has helped numerous clients in unlocking their innovation potentials. One of the financial institutions that benefitted from Andrew’s guidance is BNP Paribas. It is a global banking group based in Paris, France.

Established in 1848, the 173-year-old bank offers a wide range of financial services, including consumer banking, asset management, corporate banking, and investment banking. Currently, the multinational bank is serving millions of people in at least 72 countries worldwide.

As a global bank, BNP Paribas aims to modify the business model to adapt to the changing financial services landscape. BNP Paribas wants to build a more agile, innovative, and digitally savvy global bank. They also want to overcome industry disruptions, such as the emergence of blockchain and fintech. The multinational financial institution intended to improve its customer advocacy through the help of digital transformation.

Likewise, the French bank wishes to become an attractive destination for millennials looking to build a career in the financial services industry. They also eye to develop digital leaders who can utilize technology for their business transformation.

BNP Paribas tapped the expertise of Andrew Pek and his team in their innovation journey. Andrew said that his team worked with the top 500 leaders of BNP Paribas to design a comprehensive, innovative strategic organization transformation process that turned the company into a more digital global financial institution.

“Our team worked closely with a diverse group of executives coming from different countries. We used design thinking, visualization methods, and prototyping methods to design the transformation,” Andrew shared. He added that they facilitated the leadership forum, which was based on the design thinking methods. It helped shape and rapidly prototype new business and marketplace solutions.”

Moreover, Andrew’s team assisted the bank’s global leaders in addressing the seven strategic themes, which covered topics such as digital solutions, risk management, talent management, among others.

Reaping Good Results

Andrew’s team successfully aided BNP Paribas in its transformation. In just nine months, the bank generated more than 50 new solutions that can accelerate digital, customer advocacy, compliance, talent, and collective intelligence initiatives across their business lines.

“They were able to implement the pilot testing of 14 projects that drove significant incremental revenues to the bank. These projects quickly drove new growth across a spectrum of product, service and customer types of innovation,” Andrew noted.

Andrew shared that BNP Paribas scored a first in its history when the bank successfully created a new enterprise forum structure. This structure promotes transversality and provides a new set of shared convictions spanning business lines, levels, and geographies.

Why Is Andrew Pek Their Choice?

Some clients described Andrew as the catalyst behind their innovation journey. He is known as the premier ‘power skills’ advisor to entrepreneurs, innovators, and change-makers. From startups to large companies, Andrew has helped organizations in achieving their growth and innovation agenda. Over the years, Andrew and his team guided more than 5,000 top global leaders across various industries to become more innovative and adaptive to change. Also, he helped thousands of consultants seeking to become more influential and impactful in guiding clients.

Andrew is backed by years of experience in innovation, creativity, and design thinking. His expertise as the years of experience in creativity, design thinking, and innovation cut across different industries, such as consumer goods, life sciences, banking, and manufacturing. 

Currently, Andrew serves as the CEO of DxD Partners. The company is committed to transforming leaders and organizations to become more innovative, engaged, and professionally or commercially prosperous. In addition, he is the founder of Consulting Unplugged ®, an online consulting course designed to develop the power skills of the new generation of innovators, change agents and advisors.

Start your innovation journey with Andrew Pek, the Consultant’s Consultant, by visiting https://consultingunplugged.com/.