THAMANI BOSS, ABEGUNDE, ENCOURAGES COMPANIES TO ADOPT DIGITAL TRANSFORMATION TO PROSPER DURING ECONOMIC CHALLENGES.
amidst the ongoing economic challenges in Nigeria, Olubunmi Abegunde, a prominent technology expert and CEO of Thamani Consulting, has advised Nigerian companies to embrace digital transformation in order to build resilience and succeed. He emphasizes that only those who embrace technology and digitalization will be able to navigate the economic difficulties effectively.
Abegunde stresses that organizations must undergo digital transformation to enhance efficiency and productivity, allowing more time for core market activities while reducing operational costs. This, in turn, enhances market competitiveness.
While the Nigerian economy faces various uncertainties and dynamics, resulting in profit erosion for organizations, Abegunde believes that embracing technology and digitization offers advantages even amidst economic hardships.
He argues that through the adoption of digital technologies, companies can significantly improve operational efficiency, drive revenue growth, and better navigate challenging economic conditions.
Abegunde highlights the benefits of digitization, including improved customer experiences, increased operational efficiency, and cost savings. He also emphasizes the importance of digital tools in areas such as procurement automation and asset maintenance, particularly in industries like Oil and Gas and Manufacturing.
Additionally, he underscores the significance of digitized knowledge management to prevent loss of organizational knowledge due to staff turnover. Implementing central knowledge repositories and effective knowledge management policies can save companies money and improve productivity.
Abegunde asserts that organizations must view digitization as a strategic element of their overall business strategy to seize new opportunities for growth and expansion.
Thamani Consulting offers business solutions across various industries, including Oil & Gas, Telecoms, Manufacturing, Financial Services, and the Public Sector.
Source: Techeconomy
