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Author: Niranjan Gidwani
Niranjan Gidwani is a Certified Independent Director (MCA-INDIA), board advisor, and former CEO of Eros Group Dubai, with expertise in governance, ESG, and digital transformation. A member of the UAE Superbrands Council and GCC Board Directors Institute, he is a thought leader in business excellence and sustainability.
In turbulent times, one of the key challenges an organisation faces, is keeping morale within the organisation high and ensuring the team is motivated to ride the storm. However, this is easier said than done unless you identify the BAD apple that’s spoiling the whole bunch.
It is unrealistic to think that, in today’s rapidly changing world, we will remain a one job or two-job professional through a 40 year timespan.
As per the associations of certified fraud experts, companies across the world lose between 4- 6% of their revenue each year to employee and executive fraud and data theft.
With businesses, supply chains and global geopolitics locked off at various points, the importance of digital-enabled sales interactions has increased exponentially over the last few years. As the world economic order tentatively moves towards a more positive landscape, the time to ask whether B2B e-commerce is the right choice for business has never been more relevant. Will it truly redefine business in the next few years?
An interesting fact is that if any organization or institution of repute loses trust among its customers, or even amongst its honest employees due to one dishonest act, the same organization needs to invest much more to demonstrate its honesty on many more occasions to convey to its customers that it has now mended its ways.
New Age Digital players are beginning to show more and more interest in the highly fragmented B2B market. Some key global players have already started making major investments to build distribution-center networks and expand their B2B fulfillment footprints and capabilities.
Empathy is actually getting down on your knees, looking at someone else in the eye, and realizing that we could be them, and that all that separates us from them is luck and destiny.
We talk about the revival of brick and mortar stores, metaverse mania and other developments
However, the organised unboxed-refurbished segment requires finding a good, reliable, regular supply of returned goods, a down-the-line sale strategy and backing it up with quality service.
Diginomics, in some form or the other, is here to stay. We can change or stay the same. There are no pre-set rules of engagement.