TFTF | Nov 15, 2021
The fortnight thus far
Reports & resources we loved in the last 15 days, once every 15 days.
Nov 15, 2021
Health Insurance Vision 2025
59% of households in India do not have any health insurance plan. Every year, about 4% of the population is being pushed below the poverty line threshold due to low government spending & 63% out-of-pocket spending. How can India realise its vision of insuring the health of a billion Indians by 2025?
[ BCG > Full report here:
Health Insurance in India | Vision for 2025 | BCG ]
Cracking the Code on Automotive Omnichannel Sales
The idea of consumers buying cars online was once unfathomable. Car buyers average visit 20+ online & offline touchpoints while researching, online being 2x frequent. ~70% of customers feel physical interaction with a local representative increases trust. How crucial is an omnichannel sales strategy?
[ Bain & Co. > Full report here:
Cracking the Code on Automotive Omnichannel Sales | Bain & Company ]
The Winds of Change
While APAC investments dipped by 33%, India stood at 1st rank in 2020. India boasts about 16 unicorns in the FinTech space and a total of 996 companies that received a total funding of $20.8 Bn, of which 41% was achieved in the last 2 years alone. What are the key trends shaping India’s FinTech sector?
[ EY > Full report here :
The winds of change - trends shaping India’s FinTech sector (ey.com) ]
Digital Agriculture – The Future of Indian Agriculture
The agriculture sector in India, currently valued at $370 Bn, contributes about 19.9% to the GDP. Indian and foreign AgriTech players play a vital role in supplying these advanced technologies to farmers. What measures could be implemented to make digital agriculture a success in India?
[ IBEF > Full report here:
Digital Agriculture - The Future Of Indian Agriculture | IBEF ]
The Innovation Imperative: Lessons from High-Growth Companies
Strategy (48%) and operations (43%) are the next common roles involved in innovation. 33% of CIOs regard cost reduction/ efficiency gains as the primary focus for innovation. But the same differs for 38% of high-growth companies. How crucial is it for CIOs to devise newer ways to deliver impact?.
[ Deloitte > Full report here:
The CIO's role in driving innovation | Deloitte Insights ]
To Build Trust with Employees, be Consistent
Organisations with distinctive cultures reported better business outcomes- i.e., 48% increase in revenue, 80% improvement in employee satisfaction & 89% increase in customer satisfaction. Here are 3 actions leaders can take to activate culture and gain a competitive advantage.
[ PwC > Full report here:
To build trust with employees, be consistent (strategy-business.com) ]
Every article here has had 100s of hours of effort that have gone into making this relevant, insightful and concise. Due credit and thanks to all these professionals and organizations who toiled to put together these insights, of such high quality, for the use of businesses across the world.