ThoughtLab is a digital transformation advisory service built to unleash emerging market companies.
Constraints create
About us
James Scott
Founder,
Chief Digital Officer In Residence
James lives for fresh problems. His 22-year career doesn’t lie. He’s gone all over the world looking for them. The early years took him from South Africa to Kenya, Tanzania, the UK and Ireland with Citi in Global Markets. After 9 years with Citi he joined Barclays to lead their African electronic trading business.
He developed a liking for the kinds of problems globally connected African markets present, so of course, James went hunting the whale. He landed it when he became Chief Digital Officer at Absa Corporate and Investment Bank. His favorite problem: digitally disentangling Absa and Barclays Plc across Africa, the biggest tech project in the Southern Hemisphere at the time. In 7 years as CDO, James led all client & colleague facing technologies for transactional products, global markets, and new digital propositions. He also oversaw product design, data, platforms and new proposition ventures…tl;dr James did a lot of digital stuff.
And then he wondered what kinds of fresh problems starting a new company would create. So he founded 2 at once. ThoughtLab is one, the other is Hive Ventures, an African seed fund for tech-forward startups. Now that the twins are up-and-running, James would appreciate it if someone could finally set him an impossible digital transformation ask.
Head of Delivery & Execution
Fiona McDonald
Head of Enablement
Gugu Chavarika
Venture and Research Lead
Virna Alexander
Execution Lead
Tapfuma Mvere
Product Lead
Gretchen Pletschke
Design Lead
Services
Digital Transformation
This is ThoughtLab in residence. Whichever project leader you get, they won’t be a consultant. Instead, they’ll be something a lot more like an embedded Chief Digital Officer. Their sleeves are always rolled up, ready to transform your company with both hands. Expect audacious problem-solving, and the creative use of nascent technologies. The advisory period only concludes when the digital transformation proves its integrity in real world conditions – or when the custom outcome is achieved.
Product Build
You’ve had an idea for a digital product that you know could revolutionise your process, open up a whole new revenue stream or launch a new business venture. But you don’t have the internal capacity to build it. So you keep doing what you’ve been doing, until your next genius product concept comes along. Enter ThoughtLab. We’ll build it for you. We’ll implement it for you. It will actually exist.
Strategic Advisory
There’s a very good chance that your business already holds the answer to its own digital transformation questions. The strategic advisory service is not embedded like full digital transformation advisory. Instead, the approach is efficiency and economy of effort. ThoughtLab consults with you on the simplest way to optimise resources and structures for maximum impact. This is all about modern, resilient, growth strategies for a digital era.
Data Strategy
We’ll help you create a robust data strategy framework and execute on the critical initiatives to stay ahead of the pack by managing your business efficiently.
OKR’s
We’ll set you up with Objectives and Key Results to execute your strategy. No more annual strategy setting sessions where you repeat what you said last year. With OKR’s, you actually get things done and measure your success.
Business Venture Building
ThoughtLab is a tech-focused African startup. That’s not the only thing that qualifies us to help African startups build products or scale up their business ventures. We have the experience of building the digital infrastructure for companies from all sectors, at all stages of growth. If you want to grow from seed to tech multinational, we know how it looks in Africa.
Digital Product & Technical Assessment
Due diligence in emerging markets: not always straight-forward. And that’s before you get to digital and technology due diligence in particular. It helps if you know the common weaknesses created by local conditions, and what benchmarks should be met for success. ThoughtLab’s experience in global emerging markets makes investment decisions lighter.
Research
It’s always good to know what’s going on around us, and knowledge is what will help you transform your business. Our in-house research capability will do that work for you – whatever you want to know more of, we can gather that information. From industry trends, investment opportunities, market movements, product innovation and economic activity – we can find out what you need to transform your business in the right digital direction.