In an environment defined by growing uncertainty and unpredictability, advantage favors not just the best plans but also the speed of change. Flexibility to move with the tide is essential, but real competitive advantage can be realized with intelligence to interpret the signals that indicate where the tide is headed, and the capability to proactively move in that direction.
The retail industry was in flux well before Covid-19 attacked all business activity. The retail apocalypse started tapering off by early 2019 with a new normal established. For the survivors omni-channel retail, the endless aisle, fast fulfillment / high availability of SKUs, immersive experiences in stores and better personalization were some of the key trends they needed to adapt to. From an operational standpoint it had become essential to collapse the walls between different functions within the company and among retailer and suppliers. A whole new level of agility powered by the mountains of data, that all retailers have at their disposal was the order of the day.
We live in a world today that not many would have imagined just a few weeks ago. Organizations of all kinds are struggling with new concepts of working. In this post we discuss the challenges that organizations face with knowledge sharing and management, some of which have become much more prevalent and impactful in today’s changed times.
We had been forced to work from home for about a week when it became clear that the Covid-19 pandemic will change the business world as we know it. Thankfully the extended Zvolv family was already self isolating and safe. As a young company we found ourselves wondering if we’d survive the pandemic. We barely had a day to brainstorm on new directions we could take before one of our customers gave us the answer.
1, How to Guarantee & Track Hygiene?
Your customers need you more than ever today. As businesses grind to a halt and getting groceries seems like a drill you have become a lifeline for your customers. We are helping some of the largest brands in the world keep operating at high levels through this crisis. The best companies today monitor their employees’ health very closely and err on the side of caution at the first sign of risk. That keeps them safe. What keeps them operational is their agility in taking corrective actions to ensure hygiene and fast, skillful redeployment of their team.
The famous “Why Software Is Eating the World” essay in The Wall Street Journal was written almost a decade ago. There is no doubt today – every company needs to become a software company at some level or the other to survive and grow. No matter your industry, you’re expected to be reimagining your business processes to make sure you’re not on the brink of oblivion. The central question, therefore, is not whether every company will have to embark on some sort of digital transformation and automation journey depending on their business, but rather how they will go about making it happen.
If you don’t have a plan or the right tools to execute your plan, your goal is just a wish!
No matter how good your team is, or how efficient your process definition is, if you are not managing the process with the right methodology and tools, you are setting yourselves up for an adventure – and eventual failure in meeting your process goals. One of the most common mistakes which project managers make is trying to follow a single project management strategy, irrespective of the project requirements and scope.
Many would tell you, brick-and-mortar establishments are not just on shaky ground, they’re on a precipice of complete oblivion, and that we’re moving wholly towards a digital, on-demand retail future.
The reality is far from this. There is still a place for—and an absolute need for—retail services that help consumers live their daily lives. On the contrary to this death-knell, several essential service/product-based segments are on an expansion spree.
Originally published by Kamini Shivalkar on medium
Recently, we’ve seen a lot of action in SaaS. In the first half of 2019, Slack and Zoom were high profile tech IPOs. Icertis became 4th SaaS company from India valued at $1B+ (the first three being Zoho, Freshworks, and Druva). It is an exciting time to build a SaaS startup in India. At Gemba Capital, SaaS is one of our focus areas. We believe SaaS startups ‘made in India’ can win in global markets.
The word “Bot” has a lot of negative human emotions attached to it, mostly due to incomplete information. Human response to hearing the word “bot” has become more Pavlovian (machines taking over the world) over a period of time as very few people have a complete understanding of the word. So, let’s set the record straight!