ThunderCast: Charged-Up Insights for People in Tech

Ep 26: From Legacy to Leading-Edge - Insights from Greg Magill

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In this episode of ThunderCast host Chris McGowan sits down with Greg Magill, the former Head of Digital Development and Digital Delivery at Westpac. Greg brings 18.5 years of experience from one of Australia’s oldest and largest banks to discuss the intricate dance between digital innovation and traditional business models.  

They explore: 

1. Innovation Roadblocks in Legacy Systems 

  • Why do businesses struggle with integrating innovative digital assets? 
  • The complexity of working with decades-old systems. 
  • Strategies for minimal integration to prove the concept. 

    • 2. Simplifying the Digital Transformation 

    • The pitfalls of simply digitising old processes. 
    • The importance of using digital transformation as an opportunity to streamline and simplify. 
    • How outdated policies can hinder innovation. 

      • 3. Mastering MVPs and Gradual Rollouts 

      • The difference between MVP, pilot, and POC. 
      • Why starting small and gradually scaling up is crucial in large organisations. 
      • Managing internal stakeholders and building confidence through phased rollouts. 

        • 4. Balancing Internal and External Teams 

        • The pros and cons of using internal teams versus external vendors. 
        • The concept of ‘organ rejection’ and how to mitigate it. 
        • Best practices for creating effective mixed teams. 

          • 5. The Future of Digital Identity and Data Privacy 

          • The evolving landscape of digital identity and data privacy. 
          • Recent high-profile data breaches and their implications. 
          • The potential of digital identity ecosystems to streamline and secure processes. 


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            ThunderCast: Charged-Up Insights for People in TechBy ThunderLabs