Tag: Accenture Africa

Despite current recessionary conditions and upended risk models, the global insurance industry will grow by $1.4 trillion between 2020 and 2025, according to our recent report. To capture a share of this growth and defend their place in the insurance value chain, insurers must reflect on where the industry is heading.

A critical debate is needed in boardrooms right now on how to develop new thinking when it comes to sustainability. The very word has become ubiquitous, overtraded and I worry at times that it has lost its import. Simply put sustainability means meeting our own needs without compromising the ability of future generations to achieve their own objectives.

Having a backup plan is a given not a nice-to-have. Whether you are automatically archiving historical client data or testing a new cybersecurity strategy, backup planning helps to keep the business running smoothly. However, simply being prepared is not enough – your business must be resilient.

Unemployment rates in and around mining communities increase annually, with limited new job opportunities emerging. Enterprise and Supplier Development (ESD) is of national importance and can unlock significant organisational value.

The life insurance and annuity industry proved resilient in 2021, even in the face of the many challenges associated with COVID-19. It’s now a given that the pandemic forced insurers to adopt digital technologies and operate more in the digital space. This digital shift is the source of the industry’s resilience as more companies, and customers, enjoy the benefits of their digital transformations.

The fact remains that training people to acquire the necessary future skills is essential. We need to have people equipped to not only do their work effectively but also to compete globally. However, skills alone are not enough – experience matters.

In the mostly uncharted pandemic-induced hybrid home and office work paradigm, keeping employees happy, healthy, and motivated is among the single biggest collective priorities for senior executives. Are we in the C-suite paying enough attention to the issue?

South African customers are highly conscious of what, how and where they buy. Besides being budget-conscious, they're very aware of the impact of their choices, and this year, consumers will increasingly be driven by preferences.

The next generation of mobile networks, combined with technologies like Artificial Intelligence (AI), cloud, and edge, will be exponentially different. Advanced networks such as 5G have the potential to unlock unprecedented opportunities for business transformation and growth.

A growing number of companies in South Africa are showing varying levels of adoption of innovative technologies such as cloud, edge computing, artificial intelligence (AI), and Internet of Things (IoT), according to new research from Accenture (NYSE: ACN) and Microsoft.