Tag: key performance indicator (KPI)

As more businesses adopt hybrid workplace models and with lockdown levels now reduced, leaders are wrestling with unresolved concerns. Successful hybrid work poses a difficult challenge for leaders. While many of the obstacles of remote working were effectively addressed, four remain that need to be managed to capture the benefits of new ways of working and propel organisations forward.

While we talk often about established suppliers having the benefit of economies of scale, we don’t talk enough about the benefit of agility that corporates can tap into through smaller suppliers.

Businesses and consumers alike have had to weather several shocks over the past two years. In this article, I advise how businesses can make 2022 a year for rebuilding and taking advantage of new opportunities. During 2020, 42% of small businesses closed during lockdown, according to financier FinFind.

There are many buzzwords that define the era of digital and transformation. From industrial digital transformation (IX) to Industry 4.0, these terms describe the emergent technologies and platforms that allow for organisations across sectors such as transport, logistics, and manufacturing, to refine operational excellence and business process optimisation in increasingly tight economic times.

New shopping habits brought on by the pandemic are creating both challenges and also huge opportunities for retailers to rethink their customer retention strategies.

Organisations need to be serious about creativity if they want to drive sustainable business success across global markets. It’s often forgotten that business is a creative pursuit. Every business, be it a technology giant such as Microsoft, or a tiny corner store serving one community, stems from a single idea.

It’s been proven time and again: diversified businesses do better. McKinsey’s 2020 diversity report shows there’s a robust relationship between diversity at executive level and the likelihood of financial outperformance. There’s no doubt that women make an outstanding contribution to the financial services sector, but global trends indicate the industry’s transformation is slow.

Metadata management, the ability to provide context and meaning to data, is a foundation of many other data management disciplines. The broad range of applications for metadata mean that approaches to metadata management vary widely, with no one tool set or platform addressing every need – particularly when addressing the complex data landscapes of big, modern enterprises.

Having a good business idea, nurturing it, and putting it into practice is one of the critical steps on the journey to entrepreneurship. Running a successful business, even during a pandemic, is the ultimate goal for all entrepreneurs.

As part of the South African Institute of Chartered Accountants’ (SAICA) month-long focus on ethics, we have contributed valuable insights during a webinar on how a good ethical culture is the enabling environment for every activity of the enterprise, how it enhances the quality of all resources, and how it is the regenerative source for an organisation’s trust capital.