Thursday, November 21African Digital Business Magazine

Tag: business strategy

Business, Main

C-suites should drive data strategies to avoid disconnect with business strategy

Enterprises must prioritise security, governance and user adoption for successful implementation By Lee Wearne, Senior Business Intelligence Consultant at Insight Consulting The urgency of implementing enterprise data management strategies comes from an acute awareness that businesses need to put their data to work effectively to influence business decisions and efficiency, and ultimately help steer the direction of the business. C-suites understand that this urgency is not a fad, that an effective enterprise data strategy is a fundamental component of their digital transformation journeys.  However, unless the data strategy is driven from the top of the organisation, there will - at some point - become a discrepancy between the business and data strategy. This disconnect can result i...
Business

Five Business Strategies a Retail Business Needs to Stay on Top

The current COVID-19 pandemic has led to a massive economic disruption that has affected the performance of various businesses. As a retailer, you want to maintain steady production to meet the market demand while maximizing profits and minimizing cost. With the many health regulations to meet and the prevailing economic downturn, expenditures might become higher while income is lower. You, therefore, need to come up with effective strategies that will grow your business through the exploitation of unique but sure opportunities. You should optimize these strategies to survive the toughest competition and thrive in the market. 1. Provide excellent customer support Your customer support team interacts with the customers first-hand hence needs to have the best public relations skills to know...