Running a business with a cybersafe mindset is critical to surviving, particularly as Australia’s SMBs prepare to emerge from the pandemic with a more digitally-driven hybrid workforce than ever.
Together with regulation and market demand, technology has played a prominent part in the rise and growth of SME lending among such industry leaders as Prospa, Moula, Lumi, Capify and others…
Should you look at expanding the business or instead reduce costs to improve margins? Here are key things to think about when deciding…
As the volume of business data available has grown exponentially, a new discipline has evolved. There is now a better way…
Hacking and data breaches have become increasingly common for business owners and leaders. Here’s what you need to know…
Successful businesses thrive on data. Whether it’s customer data, machine data, financial data, or metadata, businesses that successfully collect, manage and leverage their data using a CRM system have a huge advantage over their competitors that don’t. The business case for strong data management A recent report by Validity Inc. asked organisations globally how important… Continue reading Why data should be considered a corporate asset
Research from Melbourne Business School and management consulting firm Kearney has found that 50 per cent of companies struggle with data reliability despite an increase in data volume of 20x over five years. The annual Analytics Impact Index measures the impact that data analytics has on an organisation’s growth and profit. The index surveyed 300… Continue reading Companies must invest more in data reliability to remain competitive, says research
Consumer data privacy continues to be a hotly debated topic; especially in countries like Australia where we are yet to introduce updated laws to regulate this area. And while stricter data laws have been met with much resistance from businesses in the past, a new pattern is emerging of companies now advocating for greater regulation.… Continue reading The business case for stricter data practices: Why businesses aren’t waiting for the rules to change
Lawpath has collected data from the 130,000 businesses that their legal platform to determine 6 strong business trends that have taken off in the wake of the COVID-19 pandemic. Since March this year, the business landscape as we know it has shifted dramatically to something unrecognisable – CBDs are empty and shopping centres deserted. Government shutdowns,… Continue reading 6 business trends to come out of the COVID-19 pandemic
According to McKinsey Global Institute, data-driven organisations are 23 times more likely to acquire customers, six times more likely to retain customers, and 19 times more likely to be profitable than organisations that don’t leverage their data. Having data literacy is among the most pressing objectives for many executives. With more organisations recognising the importance… Continue reading Why all businesses need to pay attention to data literacy
