SYMMONDS & ASSOCIATES GROUP
"The Customer experience is the next competitive battleground"
Explore Symmonds & Associates Advisory
Helping You Become Great
Backed by a team of experienced professionals, our services meet the needs of all types and sizes of clients, from Large enterprises to Start-ups, NGO's to Government Departments. Please get in touch with us today to learn how Symmonds & Associates Advisory can help your future success.
Real World Challenges Impacting Real World Leaders
According to a report on emerging risks by Gartner, one of the World’s leading research and business advisory companies, many senior executives feel a degree of uncertainty associated with identifying a clear path, from the existing to future business models:
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a) Some 35% of business leaders said they were confident about what kind of initiatives they should prioritize and how much money they should invest in their strategies.
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b) Only 20% of the surveyed organizations had a clear understanding of how changes would positively affect them.
Business, NGO and Governmental leaders generally recognize that to overcome the current crisis and stay competitive at all times, they should develop a business continuity strategy tailored to their industry-specific objectives. However, navigating that path while managing everyday operational challenges is a limiting factor and beyond that, the issue of execution raises several key questions, including:
1. How to create a fit for purpose plan?
2. How to automate workflow and increase efficiency?
3. Which section of the business to focus on first?
4. Do the skills to execute the plan and manage the process reside in-house?
It is for these reasons that management can come to us to assist in the navigation of various Business Continuity factors, such as the below, which if managed poorly, have the potential to retard organisations from unlocking their full potential.
Data Security and Privacy
Information security is a top priority in a digital world. During 2020, most organizations were forced to build remote workflows, which created new opportunities for data breaches, phishing scams, viruses, and other threats.
The global spending on cybersecurity has jumped over the past few years. However, a growing remote workforce has posed additional challenges to the safety of confidential information and research reveals that 68% of companies are going to increase their investment in cybersecurity as a response to the coronavirus crisis.
As a business owner or executive, we can help you focus on data privacy; setting up robust policies, password guidelines, employing a virtual private network (VPN), conducting staff training programs, using encrypted messages, and consulting with specialists.
