Penrhyn's Technology, Media and Telecommunications (TMT) Group publishes its latest paper “Blockchain, disruption and changing talent needs” which explains how the application of blockchain technology has the potential to disrupt business models across many industries.
There is growing awareness of the potentially transformative power of the blockchain, a digital database that stores, manages and transmits a growing list of records known as blocks.
Blockchain technology is set to create new opportunities and reshape business models in a similar way that social media and technology have transformed and disrupted industries and changed the way we interact with the world by bringing us smartphones and companies like Amazon, Facebook and Google.
Yanouk Poirier (TMT Group Chair) comments: “Businesses should be preparing for blockchain technology now and ensuring they have leaders in place with the capability to harness the wealth of opportunities offered by this fast-developing new reality.”
Authored by TMT Group’s Yanouk Poirier and Michael Zinn, the article also includes a Q&A with security, technology and business strategy expert Gilbert Verdian, who discusses with TMT Group member David Goldstone the transformative power of the blockchain on the banking sector in particular.
Penrhyn has strenghened its footprint within Central and Eastern Europe (including Russia) through the newly established relationship between TheXecutives and existing German member LAB & Company.
Following a successful period focusing on the Russian/CIS market, TheXecutives have joined forces with the LAB group structure, enabling both to strengthen the Vienna office, mutually benefiting from their widened regional expertise.
TheXecutives, managed by Dominik Sonnberger and Mladen Kasagic, have their key sectoral expertise within industrial and automotive, retail, logistics, utilities and FMCG and serve their clients from offices in Vienna and Moscow.
Penrhyn International Chair, Michael Herst, comments: “We welcome this new relationship between LAB & Company and TheXecutives, which reinforces our capabilities within Central and Eastern Europe and now gives us a strong presence in the Russian market, which is an obvious benefit for our international clients with requirements in this market.”
Frank Beyer, President, LAB & Company states: “Introducing TheXecutives into the existing LAB group structure provides a strong win-win for both organisations – combining our leading reputation in the German market with their significant expertise in Central and Eastern Europe”
Dominik Sonnberger, Managing Partner of TheXecutives comments: “Our deep knowledge of Central and Eastern Europe as well as Russia enables us to bridge cultural gaps. Joining forces with LAB and subsequently Penrhyn will benefit our domestic clients in their global expansion as well as LAB’s and Penrhyn’s clients in their expansion into Eastern Europe and Russia.