Home » Economies in Africa

Economies in Africa

3 Important Reasons for African SMEs to Revise their Business Models Post-COVID

Image sourced from CodeXtra Trends, /* custom css */ .tdi_4_3b6.td-a-rec-img{ text-align: left; }.tdi_4_3b6.td-a-rec-img img{ margin: 0 auto 0 0; } For every company, innovation is tremendously important, but in many cases, innovation is only associated with new products or technical renewals. However, business model innovations can be significantly more profitable, and current pandemic-driven changes in customer behaviour and technological innovations have created a window of opportunity for companies to explore new business models. Every company has a business model, but at times, this must change to ensure the company’s ongoing success and ultimately, its survival. /* custom css */ .tdi_3_a9d.td-a-rec-img{ text-align: left; }.tdi_3_a9d.td-a-rec-img img{ margin: 0 auto 0 0; } Even minor ...