Originally written by Anna Jordan on Small Business
The top priority for family businesses is to improve their digital capabilities, with 60 per cent ranking it in first place.
The UK Family Business Outlook study, conducted by PricewaterhouseCoopers, surveyed 2,081 key decision makers at family businesses.
Over half (53 per cent) want to introduce new products and services and 47 per cent want to increase their use of new technologies.
Research shows that only 14 per cent of UK family businesses have a ‘fixed’ strategy where a strong capability is already in place. ‘Digital capabilities’ is the term used to describe the skills and attitudes needed by individuals and organisations for today’s digital business world.
>See also: How autonomous technology can boost business productivity
“In 2020, the winners were those who already had an online presence,” says Suzi Woolfson, a private business partner at PwC. “As consumers, we’re never going back to ‘store only’. So, digitisation is happening from the front office to the back office. During Covid-19, we’ve seen stop gaps created but there’s a long way to go to digitise all of these processes.”
A lot of energy has been spent on survival during Covid-19 – finding a way through and planning for the future. Now businesses can
Tag Archive for Digital skills
Hot Business News Today
How to learn to be a digital entrepreneur
by Ben Lobel • • 0 Comments
Do you have the right stuff to be a digital entrepreneur? In coffee shops, shared working spaces and spare bedrooms across the country, ambitious people are working on business plans and launching their own ventures. The barriers to business and entrepreneurship are being broken down by technology. The internet has opened up a raft of
The post How to learn to be a digital entrepreneur appeared first on Small Business.
Hot Business News Today
Are we scared of small talk? Top tips to break the digital barrier
by Owen Gough • • 0 Comments
In this day and age everything we ever need to do can be done from a smartphone or digital device, simple tasks such as creating small talk is becoming more and more difficult. Have you ever walked into a corporate event filled with dread, worrying what you’re going to say to all those strangers? You’re
The post Are we scared of small talk? Top tips to break the digital barrier appeared first on Small Business.