Economic Growth and Technology… Can you have one without the other?
It only takes a simple internet search to reveal why companies either stagnate, collapse or get taken over by competitors that have outgrown them:
- Lack of capital investment
- Lack of a strategy
- Poor customer service
- Poor staff management
- Failure to keep up with market changes
But there is one other factor that not only stands out but often underpins all of the others – not keeping pace with technological change.
Cost of not keeping up
Flexibility brings growth
Those that do embrace change benefit significantly. If you get the mix of technology, business intelligence, operational intelligence and resources right – then you’ve got a very definite opportunity for successful growth. At AMA we talk a lot about the benefits of operational intelligence: manual tasks being automated, the freeing up of staff to focus on more important (and stimulating) work, reducing administration costs, and giving management more time to concentrate on growth strategy. Greentree Software delivers the information needed to make those critical strategic decisions; where to invest capital, how to identify new markets or disconnect from those that were no longer profitable.
Ready, Steady, Go
It is having confidence that your technology is in synch with your economic growth that enables you to not only plan effectively, but to act on those plans. If you’re constantly putting out fires with your existing customers or are one of the 48% experiencing an IT incident each week, then your growth plans are likely to be on permanent hold. Over the last thirty years we’ve worked with hundreds of businesses that have matched technological confidence with business growth. For anyone that is looking to ensure growth make sure you synch with a technology platform that can support you all the way.