In a strategic move aimed at bolstering efficiency and driving profitability, Jumia Technologies AG, a leading e-commerce player, is embarking on a significant consolidation endeavor in Nigeria.
Shutlers and Treepz, two prominent players in Nigeria’s bus-hailing market, have pursued distinct strategies to gain market share and establish themselves as industry leaders.
The year 2023 presented a challenging landscape for startups across Africa, with financial difficulties triggering closures and disruptions. Notably, Nigeria, often celebrated as a hub for innovation, found itself at the forefront of this narrative, experiencing a wave of closures that raised concerns about the overall health of its entrepreneurial ecosystem.
Startups often operate with limited resources, requiring operations leaders to optimize processes and allocate resources judiciously to ensure maximum impact.
Risk management involves the process of identifying, assessing, prioritizing, and mitigating potential risks that could hinder an organization’s objectives.
Investing in scalable processes and systems is not just a luxury; it’s a necessity for sustainable growth and long-term success. This article explores the reasons why startups should prioritize scalability and provides insights into how to implement scalable processes and systems effectively.