From eliminating inefficiencies, improving reporting, streamlining information flow, increasing profitability, productizing services, growing sales — it’s a wonderful time to run a business.
I personally have used software implementation (along with some operations and coaching smarts) to radically improve the sales and productivity of several companies (my best examples: 37 percent increase in sales and 5 percent of the top line added to the bottom line).
If you aren’t exploring ways to use your data to optimize your business, you are hurting your competitive advantage, growth and profitability.
The down side? Maintaining the software. Given the fact that whole businesses have been built around fixing problems with custom applications, it’s clear that the volume of these problems is big enough to form an industry.
What can you do to get all the benefits of software while also minimizing your chances of having work grind to a halt, and pay the big bucks, when your critical systems go down?
Read the rest at The Business Journals
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