Achieving more with less is a challenge that has always been
close to the heart of regional business.
Yet increasingly we are pushed to rethink our approach to
innovation, managing cost structures, increasing efficiency and maintaining
margins.
Many tools are already available to help regional businesses
streamline their operations. They are
the new digital tools available online.
There is compelling evidence to suggest we should take
advantage of this new technology.
In a recent study of the global food and beverage industry
called Hunger for Growth, advisory firm Grant Thornton said that new digital
practices represent a seismic shift in how the sector will operate in the
future.
91% of CEOs surveyed in PwC’s 17th Annual Global CEO Survey said that digital technology will create the biggest transformation
of their businesses in the next 5 years.
Yet local business owners and operators in regional South
Australia remain largely uninspired.
Why?
Because the internet service
we pay premium rates for is well below any globally acceptable standard for
doing business.
Although it’s pleasing
to know that late last year, Australia’s internet speed surpassed Mongolia’s!
Failing to provide regional businesses with a reliable, high-speed
internet service is a major contributor to our local agribusiness and food
sector becoming a casualty of unrelenting global competition.
What is needed now is an impact statement that quantifies
how much the productivity and competitiveness of regional businesses in South
Australia has been negatively impacted by our dilapidated telecommunications
service.
The fact that South Australia’s economy can be slowed-down
because the kids are home from school means it’s time for action.
No comments:
Post a Comment