Changing with market conditions & meeting customer expectations key for businesses to stay relevant and thrive


By MYBRANDBOOK


Changing with market conditions & meeting customer expectations key for businesses to stay relevant and thrive

Dr. Harold D’Costa, President, Cyber Security Corporation

 

Technology blueprint for year ahead
The agenda for 2023-24 is:

 Digital Transformation by exploring cutting-edge technologies through AI, Machine language learning, IoT and Blockchain
 Exploring cybersecurity and strengthening data privacy in all the sectors of the organization
 Implementing proper security matrix and doing proper risk assessment of all the applications and leveraging mitigation plans for effective use of technology
 raining and upskilling employees with modern trends and technology
 Implementing Green IT through environment friendly technologies

 

Fortifying organization from cyber threats
The ways are:
• Risk Assessment and Security Planning        
 Implementing robust cybersecurity measures
 Access controls and privilege management        
• Periodic security Audits and Testing
 Business continuity planning                
 Disaster Recovery Planning and mitigation techniques
• Upskilling of security awareness


Reiterating the brand identity 
To make brand distinctive:

 Positioning of the brand according to the vision and mission of the organization
• Creating awareness of the product
 Customer centric brand strategy
 Create positive brand experience through reviews and working  on zero tolerance mission
 Innovation in offered products
 Creating an emotional connect with the customers
 Sharing valuable insights, expertise and thought-provoking contents of the services provided
 CSR
 Monitoring brand’s performance

 

Digital technologies aiding to win customer trust
The ways to win trust are:

 Transparent communication- Be honest and clear about the services
• Gather data and insights to understand their needs and behaviours
 Customer’s data privacy and security
 Customer service
 Encourage customers reviews
 User friendly interfaces
 Consistency and reliability
 Innovate and improve the product
• Feedback and continuous improvement.

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