It’s widely understood that business systems, planning efforts, even employees themselves, have changed quite a bit since the turn of the century. Consider that less than 5% of the world’s population was using the internet in December 1999. Compare that number to greater than 55% of us online, as of December 2018, and you begin to understand why the world is so different and why tech is at the forefront of so many changes. The Internet, and technology surrounding it, has revolutionized our society. It has also ushered in a new, tech-savvy mindset for all businesses. Innovations which won’t be sidelined, no matter the opposition. With new innovations come new challenges, too. Fortunately, there are numerous, robust systems, machines, and strategies available to help move modern businesses firmly into the 21st century.
Defining Your Problems with Data
In school, one of the tenants of effective learning is understanding what students do and don’t know. It seems simple, I’m sure, but being able to identify your problem areas is critical for effective instruction and implementation. The same is true for business and industry. Being able to identify problems, especially before they arise, is central to effective planning and management. The predictive strategies which follow are driven, in part, by continually gathering and analyzing of your business’ data footprint. The manner in which an organization operates, expressed through numbers, often reveals a truly unfiltered view of input vs. output.
Furthermore, your organization’s current trends will follow a familiar path, unless adjustments are made. In fact, three out of five people in leadership roles say a failure to get on board with big data could lead to obsolescence. Luckily, modern technology exists to collect and configure data with extremely valid results, often in real time. Businesses can alter people, places, and things for more effective results, with greater confidence that a decision is, in part, based off of numbers and facts, not just intuition or reasonable gambles.
Manage Spaces and Faces Effectively
By implementing systems which track your business’ square footage and periods of usage, you’ll be able to manage current space requirements, employee need, and unused resources. Occupancy planning and forecasting tools can predict future needs and configurations, saving up to 35% in errors and labor costs and increasing productivity up to 12% annually. You can manage both short-term and long-term needs and give reasonable estimates, which adjust as your data adjusts. The design of your interiors can also have a great effect on productivity, creativity, and overall satisfaction from your employees and customers, alike. Use the power of computer simulations, data configurative programs, and predictive analytics to drive your current and future C-Suite decisions.
Invest in Your Human Capital
Speaking of employee satisfaction, the modern employee is looking for access to training, purpose, and a place to hang their loyalty. Modern employees are looking to make a difference in their personal lives, as well as work lives. By bringing employees up through the ranks internally, you build a stronger workforce and impress that your business is committed to their hires, both short and long term.
Tech training and access to high quality machines and software also shows employees that you have a desire to remain competitive in your industry and in the emerging global economy. Once your workers are invested, you are also creating a data collection and feedback expert in your employees. You can ask their thoughts on design configurations, have them develop plans within your software systems for occupancy and efficiency, and even have them analyze data to improve their own teams or individual work practices. Analytic data is a benefit for so many.
Cloud over Clutter
By using cloud services, your business or organization can store a large portion of your data off-site. You are also able to protect your data and valuable company files and information with encrypted cloud systems. You can also free up your system to run more programs and retests with fewer glitches.
Remain Immersed in Technology
A large component of competitiveness is understanding the tech world. It is also understanding that there is less and less delineation between a tech world and the regular world; we are a functional tech world more and more everyday. Business has to keep a firm, yet supple and responsive grasp on the reigns of this behemoth. Organizations must be able to adjust and update their usage and comprehension of available and emerging tools. At the same time, it’s important not to become ensnared in flashy trends and industry stampedes. Continue to refine your individual needs and remain committed to improving your situations and systems, but only when it is a true benefit for the majority involved.
Culture and Conscience
“To win in the marketplace, you must first win in the workplace.” –Doug Conant, Campbell Soup
As you refine the work environment and the personalities within your ecosystem, you’ll be well served to develop a strong organizational culture. As stated earlier, many younger employees are searching for jobs which offer learning and support, as well as back worthy causes and become active and involved in ethical practices for both the organization and beyond. These pillars of company strength become the building blocks of a strong business and business model, helping organizations outperform the competition by a staggering 20% . These connected organizations are then able to implement some of the most innovative systems and tech solutions because they have the utmost confidence in their team(s). And a tech savvy team is prepared for the 21st century work landscape.
In all discussions of successful planning and implementing of business systems, data and its use in predictive decisions is undeniable. By using software which tracks and monitors your current business model, you are creating a blueprint for the future. A blueprint which still has time to be molded to its best form for you and your organization.