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🔋 In 2023, the clean energy sector caused lithium demand to grow by 30%, reflecting critical minerals' growing importance despite recent price drops 📉 In response, countries are implementing various incentives and restrictions, reshaping the mining landscape 🌍 Miners now face the dual challenge of capitalizing on these opportunities amid increased government intervention, resource nationalization, and stricter taxes and royalties. What are some strategies for miners to stay ahead in these changing times? ⚖️ Apply for government grants and subsidies aimed at promoting sustainable mining practices to access additional funding sources. 📊 Implement advanced risk management systems to predict and mitigate risks from regulatory changes and market fluctuations. 🏭 Invest in downstream processing and value-added services to diversify revenue streams, mitigating impacts of stricter taxes and royalties. Explore how critical minerals present new opportunities in the transition to a low-carbon economy here: https://bit.ly/3VMPW0h #Mining #CriticalMinerals #GovernmentRegulations #TransitionRisk #TransitionOpportunity #CleanEnergy #MarketResearch #BusinessIntelligence #IndustryInsights #IndustryReports #Data

🎯 Are your customers at the core of your strategic planning? Recenter your strategy with customer centricity. ⬇️ From catchy slogan to strategic imperative, customer centricity has evolved into a fundamental pillar of modern business strategy as a key driver of loyalty and revenue growth. This shift has not been without its challenges, however, as companies still struggle to integrate genuine customer insights, focusing too much on internal processes or short-term gains. Our latest article by IBISWorld’s Director of Customer Experience, Diana Jennings, explores how to meaningfully plan around your customers, covering: 🔍 The increasingly important role of customer centricity in modern business. 🧱How to rebuild your business strategy by incorporating customer insights. 🚀 The key link between industry research and customer-centric strategic planning. 👉 Click here to read more: https://bit.ly/3WRHZHL #Strategy #StrategicPlanning #CustomerCentricity #CustomerCentric #MarketResearch #BusinessIntelligence #IndustryInsights #IndustryReports #Data

⭐ Discover how Endurium used industry research to build stronger client relationships! ⭐ Learn how founding partner Eric Gerdes and the team successfully launched a new Small Business consulting division by partnering with IBISWorld. 🚀 👉 Check out the full story: https://bit.ly/3yAYDC7

Understanding your industry's competitive landscape is crucial for strategic planning 🧩 Strategic planning can transform businesses by proactively addressing challenges and leveraging industry research to provide actionable insights. Porter’s 5 Forces framework helps businesses ensure a comprehensive approach to strategic planning 📊 How can you effectively implement Porter’s 5 Forces analysis? 🔍 Evaluate Competitors and Barriers to Exit: Assess competition intensity and exit barriers to anticipate challenges and opportunities. 🏗️ Analyze Market Entry Ease: Evaluate capital requirements and brand loyalty to protect market share from new entrants. 🔗 Determine Supplier Influence: Gauge supplier numbers and product uniqueness to mitigate supply chain risks. 🛒 Consider Buyer Power: Understand customer choices and switching costs to position your brand and value propositions. 🔄 Identify Threats of Substitutes: Spot potential substitutes early to innovate and diversify offerings. 👉 Discover how to leverage industry information for a comprehensive Porter’s 5 Forces analysis by hearing more from our COO Jordan Ho: https://bit.ly/4f03YTW #StrategicPlanning #Strategy #Porters5Forces #MarketResearch #BusinessIntelligence #IndustryInsights #IndustryReports #Data

As we set our sights firmly on the new financial year, we’re taking a moment to reflect on all the incredible people that make up IBISWorld’s global team! 🎉 After a jam-packed year filled with remarkable milestones, massive changes and continuous growth - we want to acknowledge the individuals who made it all possible. Our global community work so passionately together to achieve amazing things, and we couldn't be prouder of our IBISWorld family. Each of our offices around the world celebrated another stellar year, recognizing outstanding contributions and achievements. Here's to our incredible award winners: Global awards: 🏆 Data team person of the year – Nick Schroeder 🏆 Developer of the year – Robert La Scala 🏆 Marketer of the year – Tom Kokalis 🏆 Outstanding Contribution to the Digital team – Darshika Shah 🏆 IT person of the year – Sam Hosseini 🏆 Product excellence award - Thomas Falconer Melbourne awards: 🏆 Business development manager of the year - Jared Newfield 🏆 Client relationship manager of the year - Munira Fakatava 🏆 Outstanding contribution to revenue - Chille Ostia 🏆 Industry analyst of the year – Ryan Tan 🏆 Enterprise researcher of the year – Kristina Le 🏆 Editor of the year – Elena Kissel 🏆 Outstanding contribution to research – Disha Kartik Jeswanth New York awards: 🏆 Business development manager of the year - Christian Gold 🏆 Growth business development manager of the year - Timothy Madden 🏆 Client relationship managers of the year - Chelsea Bellerby (Theno) & Kelsi Cleary-Hammarstedt 🏆 Academic client relationship manager of the year - Nicole A. 🏆 Researcher of the year - Christopher Lombardo London awards: 🏆 Business development managers of the year - Stuart Griffin & Liam Flanagan 🏆 Client relationship manager of the year - Reece Hannigan 🏆 Researchers of the year - Gaetana M., John Griffin & Lawrence Thomas Frankfurt awards: 🏆 Business development manager of the year - Vela Rajah 🏆 Client relationship managers of the year - Duc Anh Nguyen, Felicitas Heinzel & José Carlos Costa Gonçalves 🏆 Researchers of the year - Robert Maier & Ashkan Salim 🎉 Congratulations again to all our award winners! Bring on the next year ➡

🌱 Learn how to apply ESG principles to increasingly complex global supply chains! ⬇️ Supply chains may appear to be a minor facet of ESG, but proper resource management can prove critical to aligning with ESG standards. 💡 While there are upfront costs, orienting supply chain management around ESG can also be highly profitable for businesses, appealing to consumer interest and increasing value. Our latest article explores the close relationship between ESG and supply chains, covering: 🎯 How ESG alignment can minimize supply chain disruptions and help companies outperform competitors. 🗣️ Why issues around sustainable sourcing, ethical labor and inventory management are dominating conversations about ESG in supply chains. ✅ Top tips for how companies can shape more sustainable and ethical supply chains. 👉 Click here to read more: https://bit.ly/3AgjkDQ #ESG #SupplyChain #SupplyChainManagement #MarketResearch #BusinessIntelligence #IndustryInsights #IndustryReports #Data

⛏️ With rapid changes in the mining landscape, find your way around declining prices in critical minerals markets. ⬇️ Though demand for critical minerals remains strong, an increase in supply and inventories has increased downward pressure on prices. Looking ahead, the demand for critical minerals is expected to continue rising, driven by the ongoing expansion of clean energy technologies. 🤔 With both expanding markets and declining prices, how can mining professionals navigate the current critical minerals market? Top tips include: 🔋 Invest in facilities for recycling batteries and electronics to reclaim critical minerals and reduce reliance on primary extraction. 🏛️ Take advantage of government grants, subsidies, and tax incentives aimed at promoting sustainable mining and clean energy production. ↔️ Shift focus to producing higher-value mineral products or by-products that can command better prices in the market. 👉 Learn more about opportunities in the global energy transition: https://bit.ly/3VMPW0h #Mining #Sustainability #NetZero #MarketResearch #BusinessIntelligence #IndustryInsights #IndustryReports #Data

🔍 Discover how to navigate the digital transformation journey without losing your way! 🗺 Embarking on a digital transformation can feel like a never-ending hike, filled with unknowns and challenges 🏔 But just like any hike, with the right preparation and mindset, the journey can be incredibly rewarding 🌄 In our latest article, Chief Digital Officer Carmen McKinney shares insights on transforming your business with a strategic, customer-centric approach: 👉 Understand your business landscape and identify areas ripe for transformation. 👉 Map out a clear, strategic vision using industry insights and customer data. 👉 Assemble the right team and tools to support your transformation efforts. 👉 Plan for continuous innovation and sustained growth beyond the initial transformation. 🌟 Ready to start your journey? Find out how to digitally transform your business here: https://bit.ly/3y90JZN #DigitalTransformation #BusinessStrategy #CustomerCentricity #StrategicPlanning #Leadership #MarketResearch #BusinessIntelligence #IndustryInsights #IndustryReports #Data

How can procurement professionals achieve cost optimization? 🤔 Discover strategies to reduce spending while maximizing value through supplier collaboration, technology adoption, and long-term efficiency improvements 🤝 👉 Learn how to elevate your procurement strategy with industry data here: https://bit.ly/3SI2xzh #CostOptimization #Procurement #CostReduction #CostCutting #MarketResearch #BusinessIntelligence #IndustryInsights #IndustryReports #Data

♻ IBISWorld's new ESG tool is planting the seeds for a sustainable and ethical future! ♻ We've always been a step ahead, with successful launches in the UK and Germany, and now we're thrilled to announce the launch of our new ESG Risk Assessment tool in Australia! 🌱 Our team has worked tirelessly to develop this cutting-edge tool to help businesses navigate their environmental, social and governance challenges. Today, our Melbourne office is celebrating this milestone and the dedication of our staff in making this come to life 🎉 Here's to our team's hard work and the exciting journey ahead! 🥂 👉 Need help with your ESG objectives? Click here: https://bit.ly/4bTVJ97 #ESG #Sustainability #EnvironmentalImpact #SocialResponsibility #Governance #RiskAssessment