As COVID-19 transitions from a health crisis to an economic crisis, we’re attempting to predict how small businesses throughout the world will weather the storm and where our efforts should be focused. It’s simply too early to tell how severe the pandemic will be for our SMEs around the world. Small firms are already experiencing […]
The concept of a value chain is as follows: A value chain is a business model that describes all of the steps that lead to the creation of a product or service. A supply chain for manufacturing companies comprises all the steps involved in taking a product from conception to delivery, as well as all […]
Business continuity is characterised as “an organization’s ability to continue delivering goods or services at pre-defined appropriate levels following a disruptive incident,” and business continuity planning (also known as business continuity and resiliency planning) is the process of developing preventive and recovery systems to deal with potential threats to a business. In addition to disaster […]
What does it mean to be a data-driven enterprise? It means maximizing the value of your data and treating it as a differentiated asset. It means using data as the basis for critical decision-making through high-quality analytics.