Digital Transformation is now a CEO priority, because it is a matter of surviving in an increasingly competitive environment – according to Werner Knoblich, SVP and General Manager EMEA at RedHat. “Companies must digitally transform if they want to survive long-term, because otherwise they will be disrupted by competitors in their existing industry or brand new players coming in from an industry they don’t even know about yet. This means that digital transformation is an absolute must for survival.” As Charles Darwin said: “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” To be responsive, one has to keep up with insights and news. Enjoy! The Board Directors you need for a Digital Transformation. "Digital transformation needs to be wholesale. Digital innovation needs to permeate and recast every aspect of the business and the board. Companies that do so will thrive in the new world, and those that do not, sooner or later, will fail." Disrupt or be disrupted: The endemic of banking ‘out of touchness’. “Your unbanked or underbanked customers will remain that way until they’re captivated otherwise. And to captivate them takes innovation beyond iteration rooted in legacy values. That starts with a shift in perspective to learn and unlearn, and to see and do what you’re not considering or investing enough in today. That’s the thing about iteration based on legacy value models and exploring innovative opportunities. It’s the difference between out of touchness and being in touch. How you define value … how you work toward delivering that value … the rules you play by and the guardrails you lean on, are counter intuitive to how society is evolving. Generation-C is telling you what they think, want and how they’re changing explicitly and also implicitly in the apps and services they value outside of your industry. Are you listening?” Brookings Institute chimes in on credit unions: ‘Everyone’ is the wrong way to define credit union members.” “Today, credit unions are openly advertising "Great Rates for Everyone", and their regulator recently proposed  yet another expansion of the definition of common bond — this time to suggest everyone who is on Facebook or uses Amazon shares a common bond that could justify the formation of a credit union. This metamorphosis would have profound consequences, essentially creating national credit unions with membership for everyone. Such a radical change should be openly debated — and not allowed to occur  through legal loopholes and regulatory arbitrage. What everyday situation can drain your empathy for others? If we stop doing this one thing, we can become kinder to others – and ourselves.