We’ve now hit the ground of 2021 running, and to take the analogy further, if businesses are like athletes, they’ve certainly faced challenges of performance slumps, career transitions and illness in this past year. These adversities are set to continue as the pandemic is still surging, even with a vaccine in sight, and as organisations are experiencing management fatigue, financial recovery, a tired workforce, [...]
Brain Teasers Close your eyes and count to 10 – well that’s easy. Close them again and count to 51238 – not so easy – that would take you around 14 hours. This demonstrates Data dimensions – Scale, Quantity, Time – the current standards. (more…)
Competition among manufacturers is at an all-time high due to the increasing ease of cross-border trading, combined with customers demanding more options, cheaper, and faster. And if these challenges are not enough, organizations must also adapt to new conditions imposed by the pandemic, such as distributed workforces and less-financially-secure customers who are more hesitant to spend money. (more…)
In the year of the Great Reboot, executives are being asked to re-imagine how their organizations, people, processes and standards should work. The dramatic shifts triggered by the Coronavirus have accelerated changes in how the workplace and shop floor will operate. What was once “future” trends has become “now” reality. (more…)
When your customers need a ride, they turn to Uber. When they’re hungry, they turn to DoorDash. When they want to buy the latest gadget, they turn to Amazon. Online habits like these have set a new level of expectation for the service your customers receive, even in a business setting. (more…)
As we come to the end of a tumultuous year, some writers have mused what we would do if we could reboot 2020. Reboot is a term that has become familiar through using computers. In the same way that rebooting a computer changes the way it is operating, when you reboot you change how you currently operate. It means to start something or do [...]
The role of the CIO is changing from performance and efficiency to include systems that give insights that can enrich the customer experience; one of these is implementing chatbots. This new technology brings not only opportunities but also challenges. Unlike previous IT projects, these new systems have not only technology and business impacts but also human and even ethical impacts. (more…)
There is no denying that the Coronavirus pandemic is a disaster for global economies, but could it provide a silver lining for the manufacturing industry in Australia in terms of instigating a revival? Australian manufacturers have become aware of the need to urgently adjust their operational strategies and increase agility while maintaining continuity. It may feel like steering into a storm, but there are [...]
You forget sometimes that until 2020 a CEO’s job was to look at long-term strategy, review current performance and monitor the external environment. Now, as a result of COVID, CEOs are forced to change their frame of reference by getting involved in strategic decisions early and becoming more engaged in making major investment decisions. Recognizing the increasingly pivotal role of IT in this once-in-a-lifetime [...]
For decades the world has remained in a comfort zone. Business models have been largely ‘analog’ in nature – reliant on cash transactions, human contact, and centralized office spaces. As we enter the world of ‘digital’ brought on by the COVID-19 Pandemic, the adoption of new technologies will change the world as we know it. (more…)
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