Tag: business process

Generative AI has captured the imagination of businesses, governments and society at large. The possibilities seem limitless. These include transforming customer experiences, designing new business models and reinventing how industries operate.

Businesses are often hesitant to embrace change, particularly when it involves crucial operations. Many organisations and industries worry that upgrading their infrastructure could cause disruptions and downtime impeding productivity. The fear is not entirely unfounded, as it is often based on historical examples of unsuccessful and costly migrations.

Artificial intelligence (AI) has been comprehensively embraced in the private sector in South Africa in less than a year, but more must be done to ensure that the public sector – and especially students in public schools and universities – are also empowered and prepared for the future world of work.

Artificial Intelligence (AI) is revolutionising business and we’re all beginning to relax with it as we learn that it is generally to be welcomed rather than feared. As a tool, it is excellent at making tasks less time-consuming and more efficient, and this applies to the work of executive search businesses as much as to other business processes.

To succeed in today’s economic environment, manufacturers must find new ways to create and capture value. But how do they do this when South Africa is currently facing a massive energy crisis, with load shedding impacting production and grinding their operations to a halt?

Amid a flurry of fast-tracked digital transformation initiatives over the past few years, hyper-automation has emerged as an essential approach in the drive toward operational efficiency and seamless customer experiences. For companies seeking to counteract the disruptive effects of the pandemic and its ripple effects on global supply chains, hyper-automation can ease the burden that repetitive processes and legacy infrastructure place on organisations.

The existence of paper within a business process is typically a road block that slows business processes down. The existence of paper within a business process can compromise privacy, compliance and security initiatives within organisations.

Increasing geopolitical tensions and supply chain shocks have pushed executives to adopt and implement digital solutions like Enterprise Resource Planning (ERP) technology to minimise disruptions and maintain business continuity.

Back in 2007, Michael Hammer, the father of the process-centred organisation, wrote in the Harvard Business Review that few executives question the idea that by redesigning business processes - work that runs from end to end across an enterprise - they can achieve extraordinary improvements in cost, quality, speed, profitability, and other key areas.

The age-old adage of prevention is better than cure is becoming more and more relevant as organisations both transition to the cloud and manage the ever-increasing perimeter of people working remotely. To remedy your security woes, the questions you need to answer include: Do you know what your cybersecurity posture is, do you know where the gaps are that you are not considering, are you sure you are taking all the elements in your business into account when you are crafting your policies?