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Based on our 2020 experience, new year predictions may seem like a game of make-believe. But predictions are one thing, trends are another. We share technology insights into 2021 based on emerging trends. COVID-19 shocked all businesses last year. However, enterprises are becoming used to the new normal and digitisation should return to previous levels of growth in 2021.
If there is one thing 2020 has shown, it’s that the late Romantic poet Robert Burns was right, when in the 1700s he wrote, 'The best laid plans of mice and men often go awry'. COVID-19 has wreaked havoc on our ability to predict the 'what’s next' factor in our business environments and this year has seen businesses scramble from Plan A to Plan B, before working their way through the rest of the alphabet.
To prepare for uncertain times, we need to develop robust business models and structures that allow for experimentation and to see what grabs and what doesn’t grab. The engineering and construction sector has been operating in the same way for decades, is one of the least digitised industries in the world (21 out of 22 industries) and has not enjoyed significant productivity growth in recent years.
There is adequate literature on the subject of organisation development by scholars and industry peers alike. However, the question of how to implement organisation design solutions and interventions has proven difficult for companies and remains the single most complex element of Organisation Design (OD).
This is a second book from business growth expert, Pavlo Phitidis, who draws on extensive experience across a wide range of industries, founder of multiple businesses, investor, speaker and a respected commentator on entrepreneurial and business growth and innovation.
The future leaders in auto and equipment finance will be those who make strategic investments in digital transformation, platform modernisation and capability development to attract a new kind of customer and stay competitive in a rapidly evolving industry.
Business is looking anything but usual for many organisations, large and small. The national lockdown, a decisive strategy to flatten the spread of the COVID-19 virus, is causing leadership and employees to rapidly consider virtual communication strategies for employees who are able to continue with business while working from home.
Putting a monetary value on organisational data is a daunting task considering how integrated it has become to overall business success. It is an invaluable asset that provides insight for a company to grow and enhance its competitive advantage and operate more efficiently.
No organisation is immune to digital transformation, and those that think they are will undoubtedly face a future filled with uncertainty. How does an organisation ensure that the successful adoption of digital transformation is underpinned to each strategic undertaking?