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The value of resilience as a prerequisite for business success in fast-changing environments has long been clear. The pandemic, however, catapulted resilience to the forefront as indispensable to business sustainability and relevance.
It is time for the many pockets of digital progress to give way to digital transformation. Approximately three in five Chief Supply Chain Officers (CSCOs) are not only investing in digital solutions, but already scaling them – and surprisingly doing so rapidly enough to surpass other business functions.
Our recently released study takes an in-depth look at the state of innovation in South Africa specifically, however the study indicates that even though the majority of South African companies are expecting to be disrupted by innovations in their industries over the next three years, half of them are not prepared to cope with it.
Artificial intelligence (AI) is maturing rapidly as an incredibly powerful technology with seemingly limitless application. It has demonstrated its ability to automate routine tasks, such as our daily commute, while also augmenting human capacity with new insight.
COVID-19 is a global pandemic, evolving at unprecedented speed and scale. It is creating a universal imperative for governments and organisations to take immediate action to protect their people. Self-quarantine. Social distancing. Community spread. These formerly obscure terms are now everyday words
The oil and gas industry are no stranger to supply and demand shocks, having faced more than a dozen such blows over the course of the past four decades. Most of the supply side blows were the result of sudden supply pullbacks in reaction to geopolitical unrest.
COVID-19 has turned into a global crisis, evolving at unprecedented speed and scale. Experts don’t know how long it will take to contain the virus so businesses are challenged with not only preparing for the short-term, but also developing new capabilities and ways of working that will seamlessly enable longer-term changes to how they operate.
Government needs to take bold and rapid action to extricate the country from the economic quagmire in which it finds itself. The local economy is struggling to generate the growth needed to address high unemployment and inequality, as well as arrest the declining productivity that has eroded the country's global competitiveness.