This is the 20th year Deloitte has released its Global Powers of Retailing publication and again it doesn’t disappoint as it details the top 250 globally retailers, and comments on and predicts market trends.
Businesses have been previously set up on economies of scale but are now moving toward economies of scope. In other words, the focus is shifting to the variety of products offered rather than the output level of one product.
Attracting those with innovative ideas to set up and drive their idea through to implementation in Australia is just one piece of the puzzle. What are the other challenges fast growing start-ups face in cultivating the right infrastructure and processes to support growth?
A common concern for businesses is how to efficiently finance innovation programs
“Disruption is an ‘S’ curve: “it starts out slowly, and then boom – it hits you!”
The ability to harness technology and take cloud accounting to another level has created a whole new level of actionable insights for businesses.
As we are on the doorstep of 2016, I hope you all are about to enjoy a well-deserved break. It is a special time of year when many us get to spend some quality uninterrupted time with our family and friends. Before we go, I want to reflect on what has been an incredible year…
“…this measure may have the potential to help entrepreneurs and small businesses as well as to help enhance the success of the future equity based crowdfunding market in Australia.”
“When you have a Prime Minister who has himself made money from an internet company, you do seem to get more belief in what our industry can achieve”
“We were hugely surprised at the number of patients who quickly saw value in this online booking feature and the speed in which it gained traction.”