Digitalization is already in high gear, and technological advances continuously develop. When times change so quickly, it’s critical to stay at the forefront of trends, so you don’t fall behind. So, in this post, we’ll look at digital adaptation, why it matters, and some of the year’s most excellent themes. Buckle up, and let’s get started! What is Digital Transformation? In its most basic form, digital transformation explains how a firm uses technology, people, and processes to give value to its consumers. Businesses hope to achieve this by developing company…
Author: Maeen Tanweer
Women Entrepreneurship and their Contribution to the Economy
Entrepreneurship, if done correctly, can be a way to an excellent economic development of a country. It’s the backbone of any country. That’s why entrepreneurs have the capability to bring transition. When it comes to entrepreneurship, how can we forget the contributions of women? This is the era of digitalization where there are revolutionary changes globally. Women entrepreneurs are blooming and showing their capabilities. When it comes to women’s contribution to the economy, they can contribute as job seekers and as entrepreneurs, or we can say, job creators. Women can…
Digital Transformation – Why & How
One solution! One plan! One investment! Digital Transformation. SMEs have a right to wonder what digital transformation implies for the future of work. How can we shift gears quickly and make them bigger? What tools and processes will impact the business world in the future? It’s about digital transformation and the measures to use technology to improve the customer experience. The most successful businesses will have a long-term outlook and be willing to adapt to change. To that aim, industry leaders will assemble the necessary personnel and digital resources to…
Rise of Rural Women Entrepreneurs in India
In India, we call our country Mata (Mother), and centuries back, the world called it “Sone Ki Chidiya” (Golden Bird). The ancient Indian economy was once a major exporter of spices, cotton, iron, sugar, and pearls, almost rural regions. However, unfortunately, many industries, and notably rural enterprises were stifled during colonial administration. After independence, the economic growth was very slow for obvious reasons. However, the 21st century arrived with a bang, and the growth started to speed up. Moreover, despite all of its devastation, the pandemic brought one fortune digitalization…
10 Ideas to Empower Rural Women Entrepreneurs
Over the last two decades, the term “entrepreneurship” has been widely known worldwide, from the general public to business stakeholders. An interesting and critical reality is that women entrepreneurs outnumber males worldwide. Rural women entrepreneurship is primarily described as starting a new business that supports the development of new products, services, trending calls, and the adoption of new technologies in a rural setting. Nearly 575 million people work in agriculture-related services worldwide, with 52 percent of non-water land harvested versus 11 percent in the biosphere. India’s service industry is growing…
Digital Transformation Framework
The world is going through a continuous transition. Technology is advancing as well, and businesses are finding new ways to develop and evolve successfully. The always used processes are no longer enough to keep a business going. In the current scenario, clients are more informed and technologically savvy. They also want a company to be updated and connected to them. Digital transformation is the savior of businesses in this regard. It’s a process that helps companies incorporate digital technologies into their business, which is becoming crucial. The businesses are on…
Measuring ROI On Digital Transformation
The capacity to determine digital transformation’s return on investment (ROI) might be difficult for transformation businesses. Because client interactions cannot be quantified using traditional methods, no single statistic can be used to assess digital transformation. They must notice and consider the advances in customer service, business processes, and workflow. With an expectation of increased revenue and new value creation, it’s difficult for them to avoid confusion. Return on Investment (ROI) determines the effectiveness of a company’s investment. Companies can evaluate the return on a specific investment based on ROI compared…
Pillars of Digital Transformations
COVID-19-driven significant impact, digital transformation appears to have become the most common word on every executive’s mind. Some feel that strategy focuses on keeping the firm and its employees safe during a crisis. Organizations now have the chance to fine-tune, reconsider, or rewrite their approach to align them with their long-term objectives better. There are several debates on defining what digital transformation means for established businesses. By cutting the clutter, one can recognize that it is a multi-stop journey with different goals depending on your business and level of digital…
E-Commerce Trends in 2022
Success requires flexibility, innovation, and dedication apart from hard work. E-commerce, the ever-changing industry, has started following the business trends for 2022. Several new trends pop up every now and then to help businesses grow and survive the competition, and the same will be with 2022. The Pandemic has slowed down, and vaccination is in its middle; eCommerce businesses will forward into 2022 with a vision and mission for up and swift growth. 2021 has made “The New,” “The New Normal.” We moved forward with a tectonic shift to acquire…
Key Trends That Will Affect Employee Experience in 2022
2020 and 2021 have shown us a paradigm shift in the way we work. It also made us understand how to deal with changes in our work lives. Now. 2022 will most certainly be the year where HR will also see the transformation in the form of waves that have rippled across the beginning of the pandemic. 2021 was the year where HR and its roles were reinvented and solidified. 2022 wil be much more than that. It will emphasize how HR can add value to a business. During the…