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Efficiency Is More Likely to Produce Business Success

Efficiency Is More Likely to Produce Business Success

Business can be tricky, especially if you’re good at it. It’s important to know when to be comfortable with your position without starting to feel complacent. If you fall into this trap, you’ll be running the risk of hindering your organization’s growth, potentially blocking any future successes.

Operations change over time. It’s likely that your business’ operations don’t even remotely resemble what they were in previous years. For example, mobile technology first became more popular for computing around the year 2013, and “unified communications” was a hot commodity in the business world. Nowadays, productivity and collaboration solutions using mobile devices are some of the most basic solutions out there.

Many organizations fall into the trap of believing their past successes guarantee their future, but this isn’t necessarily the case. The reverse could be true. Here are some questions to ask if you suspect that your organization could be falling into complacency:

  • Are any potential changes or growth opportunities avoided or rebuffed through the use of highly selective facts?
  • Do conversations amongst your team skirt around topics like new markets, possible competition, or other developing business opportunities?
  • Are failures used to postpone new attempts instead of as learning moments?
  • Do meetings frequently end in a holding pattern?

Any of the above questions indicate whether or not a business has gotten too comfortable, preventing them from making sound decisions. Thankfully, once you’ve identified this complacency, it becomes easy to resolve it. Try asking these questions about your business, its policies, and its culture:

  • Is there any way that your processes could be made more efficient?
  • Does your business plan reflect the goals that your business is currently striving for?
  • Is your service offering a good fit for your current audience? What needs will they have in the near future?
  • Are there any technologies that could soon cause a disruption in your market, or could be used as an invaluable tool?
  • How engaged are your employees?

Answering these questions will give you all the ammunition you need to put together a solid understanding of what your business needs to do on both a local and industrial level. Of course, this can be challenging as well, as you might encounter issues that need to be resolved before you can make progress as a business.

i-medIT can help your business implement IT solutions designed to keep your business running efficiently while still maintaining the status quo. To learn more, reach out to us at 630-549-6199.

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Tuesday, June 25 2019

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