When should a small business hire a CFO? – The Right Time
A small business should consider hiring a Chief Financial Officer (CFO) when it reaches a point where financial complexities and strategic planning demand expertise beyond…
Category: IT Governance
10 Financial Management Tips For Small Businesses – SteveOnDigital
In the dynamic world of entrepreneurship, mastering financial management is not just beneficial for small business owners—it’s essential. The difference between thriving and merely surviving…
Effective Debt Management Strategies For SMEs – Complete Guide
In today’s ever-evolving global economic landscape, small and medium-sized enterprises (SMEs) face a myriad of challenges that can significantly impact their sustainability and growth. The…
The 5 Principles Of Risk Management – SteveOnDigital
The 5 principles of risk management serve as the cornerstone for effectively identifying, assessing, and mitigating risks within an organization. These principles are; 1) Risk…
What Are The 5 Stages Of Innovation?
The five stages of innovation form a roadmap for turning a simple idea into a successful innovation. They are: 1) Ideation and Knowledge Gathering, where…
What Are Open And Closed Innovation? – Explained
In the realm of business, innovation stands as the cornerstone of growth, adaptation, and long-term success. As Steve Johnston, a digital transformation specialist with a…
What Are The 7 C’s Of Innovation?
In today’s fast-moving world, understanding “what are the 7 C’s of Innovation” is crucial for any business looking to stay ahead. These seven C’s: are…
Reaching For Digital Maturity | Why It Matters & How To Proceed
Digital maturity refers to how well a business uses digital technologies to improve its operations, culture, and customer experiences, leading to business growth…
Cross-Functional Teams: The Solution To Business Silos | SOD
Cross-functional teams unite individuals from various departments to work together towards common objectives. These teams enhance innovation, problem-solving, and decision-making by leveraging diverse…
Top Questions Business Owners Should Ask During A Digital Transformation | SOD
When embarking on a digital transformation journey, ask these essential questions: Do we need a cybersecurity maturity assessment? Are we hitting key performance…