the impacts of digital disruption on small to medium businesses
TRANSCRIPT
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Ben Shields Partner, Deloitte Private
Democratising scale The impacts of digital disruption on SMB’s
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better Shaping a
Australia
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more prosperous Australia
Shaping a
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changes
Large profound
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think, connect, and live
A shift in the way people
It’s about This is not about technology
business
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down
Entry
barriers
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is in The individual
charge
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device
Bring your own
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consumers
more choice have
choice
Businesses have no
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we have
strategy a great
It’s called
denial
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“…the vast majority of C-level executives in Australia still don’t get what technology means for the most important ‘C’ in a business: Customers.”
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Uneven disruption
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$530bn
Employment Employment Private Sector
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Democratisation
Of scale
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Small businesses with high digital engagement enjoy better business outcomes, with an average increase of 20% in annual income
Connected Small Business, Deloitte Access Economics
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2x more likely to be growing revenue
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4x more likely to be hiring
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3x more likely to be increasing investment
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Thanks! …and see you around @shieldsbAU
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General information only This presentation contains general information only, and none of Deloitte Touche Tohmatsu Limited, its member firms, or their related entities (collectively the “Deloitte Network”) is, by means of this presentation , rendering professional advice or services. Before making any decision or taking any action that may affect your finances or your business, you should consult a qualified professional adviser. No entity in the Deloitte Network shall be responsible for any loss whatsoever sustained by any person who relies on this presentation.
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