Tag: transformation

Digital innovation offers unique insights throughout the audit process, enabling auditors to offer increased value and efficiency in a demanding economy.

A rapidly shifting investment landscape, marked by pronounced volatility on a global scale, has made it challenging for investors to navigate some challenging terrains. These challenges are exacerbated for South African investors by domestic issues like load shedding, the current political climate, the shrinking bourse, and soaring inflation, all of which have made investors wary of where they place their hard-earned money.

Retirement planning has always been a crucial aspect of financial security for individuals and societies alike. However, in the face of rapid technological advancements, changing demographics, and evolving economic landscapes, retirement planning is undergoing a transformation.

Each industrial revolution has caused disruption, but it doesn't necessarily mean a net loss of jobs. While automation and artificial intelligence (AI) can eliminate jobs and industries, they also create new ones. AI has already improved our lives, especially in the service industry, by increasing efficiency and giving us more free time for tasks like booking flights or ordering food. However, these improvements are somewhat superficial.

After 19 years of true loyalty, passion and dedicated service at Samsung Electronics South Africa, Hlubi Shivanda: Business Operations and Innovation and Corporate Affairs Director has resigned.

While the internal audit function has undergone significant transformation, the rapid pace of change is only set to accelerate in the foreseeable future. I shed some light on some key industry trends that have emerged, and the some key areas of transformation we can expect to see defining the sector over the next five years.

When different people come together, unique and innovative ideas and perspectives are fostered. From an organisational point of view, the more diverse your team the greater potential for creative, innovative, and solution-orientated thinking. Diversity and inclusion go beyond recognising differences in race, gender, or culture; it's about truly understanding people on a deeper level.

In the past few years, we’ve seen the increase of wind and solar power generation as a cost-effective substitute for fossil fuels. Solar power is notorious as a go-to option and the fastest-growing energy source, playing a critical role to achieving a sustainable carbon free future. However, with renewable energy not available twenty-four hours a day, the need for balanced and flexible power generation is becoming rapidly apparent.

The advent of AI reporters, as showcased by platforms such as NewsGPT.ai, has heralded a significant shift in the realm of journalism. As these technologies rise in prominence and capability, journalism schools across the globe are gearing up for a transformation unlike any before.

The digital native culture and the rapid pace of technological advancements have triggered a revolution in the way we communicate, with the proliferation of online platforms and digital communication channels. It has brought about a significant transformation, leaving traditional forms of communication forever altered.