We – my Innovation Partner Sandra Thiel, my Regional Technology Director Christiane Müller-Haye and Daniel Wilkus from the ITSC – have been at the Bucerius Innovation Day in Hamburg.
All around Platform Economics – is it more of a chance or risk for the legal industry?
Sandra and I introduced the legal industry part with the general thought process of law firms around platform economics, our expectations and experiences.
Andrew Klein from Reynen Court touched on all the beauty of the platform, how it can drive business value and embrace technology within the legal community. Dierk Schindler from Bosch took us through the ride of DIKE, part of the Common Legal Plattform which will hopefully materialise with funding from the GAIA/X budgets.
Marcus Trapp and Claudia Nass from Fraunhofer IESE entertained us with their amazing presentation about chances and challenges of digital ecosystems and platform economy.
- We are good in aiming for more efficiency and cost savings but what about creating new values in a changing environment?!
- To create new values you will need new superheroes in the organisation who are free from „we have always done it like this“ to think and innovate.
- Innovation needs the acceptance that you might fail.
- If you looking to have a guaranteed ROI after 18 months consider not doing it
- GDPR does not prevent products. If GDPR is hindering the operation of your product, then it is not a viable idea anyway. From my point of view, GDPR is a competitive advantage.
