What is the importance of knowledge to a growing business?

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In this episode of the Ndalama Insights Business Show, we discuss the importance of knowledge to a business. We have all heard of the adage “knowledge is power” but what does this mean, especially in a business set-up?

In this episode, Mr. John Banda, a business consultant provides insights into the importance of knowledge to a growing business.

If you are a new listener to the Ndalama Insights Business Show, we would love to hear from you.  Please visit our Contact Page and let us know how we can help you today!

In this episode, you will hear about:

  • What knowledge is and the difference between academic knowledge and business knowledge.
  • How to identify and collect the right and relevant information for a business.
  • The type of information to collect about customers.
  • Insight into what the value of information is.
  • Why should businesses invest time and money in information systems?

 “Forget about your competition, the number one problem in business today is customer satisfaction and not competition”                                                                               John Banda

Insight Partners Africa— aims to bring you actionable insights from leading respected experts. However, before making any business decision, you should consult a professional who can advise you based on your individual situation.

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About the Author

Mukonki Mukonkela is a financial expert and founder of Insight Partners Africa. She’s passionate about helping individuals and businesses achieve financial independence. Follow her for expert insights on wealth creation and smart money management.

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