There has been no greater display of the need for agility in the business than the COVID-19 pandemic and the measures implemented by governments to curb its spread.
Looking locally we’ve seen a number of businesses adapt to the changing face of the economy with some entering entirely new avenues of business. Case in point is Syntech which – before lockdown – dealt exclusively in tech products. Fast forward to today and Syntech is leading the charge to get personal protective gear and medical supplies to those who are in need.
A silo, in the sense of a business is a reference to a division operating independently within a business. For the longest time this is simply how businesses operated. There wasn’t a need for the accounting division to speak with the IT team aside from special circumstances so communication between divisions was never encouraged.
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