Start Simple with
Business Resolution
·
Business resolution is increasingly recognized
as a strategic requirement for companies searching to innovate and succeed in
today’s complex business environment.
o
As your business grows, the bolted-together
systems and processes that worked when your association was smaller won’t scale
sufficiently to support new customers, employees, product lines, and service
offerings.
o
Equally important, there’s a natural tendency
for companies to create more complex processes over time – for example, to harbor
new customer demands or to work around disconnected systems. And as they build
up, these complex processes organize inefficiencies, drive up costs, and make
your business less agile.
·
But sometimes resolution initiatives stall
because they fail to start simple. Sometimes the best way to get the ball involution
is to focus on one or two proceeding – for example, a decision making and an
approval process – and empowering the
people closest to those processes to clarify their daily work.
·
The project should have clear-cut goals and
stimulus tied to exploits.
·
What might this look like? Consider…<PROVIDE AN ANECDOTAL, REAL-WORLD EXAMPLE
BASED ON YOUR EXPERIENCE AND WORK WITH CUSTOMERS>.
·
As this example illustrates, this approach to
simplification changes people and culture from the bottom up, paving the way
for accepting of larger initiatives that require a more top-down,
technology-driven approach.
o
Such projects still need to have the support of
top management and be tied to strategic initiatives, of course – but the ambition
is to build momentum around the goals and benefits of business simplification.
o
People can existence first-hand that it’s really
just adopting a simpler way of working that reflects proven business practices.
And they can realize the prosperity directly, right away.
·
So where do you see opportunities to start
simple with simplification within your business?
Five Tweets:
·
75% of business leaders say complexity strongly
inhibits meeting company goals. <insert link to Wharton paper>
<#hashtag>
·
Want your business to run simple? Wharton
recommends focused initial efforts. <insert link to Wharton paper>
<#hashtag>
·
Talking the talk on simplification – not walking
the walk? See Wharton research findings. <insert link to Wharton paper>
<#hashtag>
·
To meet the demands of digital business
environments, Wharton says run simpler. <Insert link to Wharton paper>.
<#hashtag>
Simplify Work – and Scale Easier – with a Specific Business System
ERPs act as single business systems that centralize core
business data and support core operations, processes, reporting, and other.
They help organizations of all sizes to face their challenges and as a single
business system; they support visibility, ability, and decision-making. At the
same time, they make work faster and easier with automation, seamlessly
integrated processes, and easy exploration to accurate, trusted data.
Take solution CRM
Solutions from SAP, it has helped many companies manage their customer
relationships better than ever resulting in higher profits.
And the benefits of
having a CRM as based on surveys of executives at growing businesses with
ERPs are significant and directly related to business success. For example,
they’re seeing:
o
11% reductions in operational costs
o
10% increases in profitability in just two years
o
A 48% likelihood that they have real-time visibility
into the status of all processes (compared to 6% without an ERP)
o
A four-fold increase in their ability to
forecast and plan for demand
o
63% greater prospect that they can share data
with suppliers, customers, resellers, and regulatory bodies
o
77% likelihood that they can systemize
back-office processes (compared to 22% without an ERP)
·
In addition, best-in-class growing businesses
reportedly can easily search and use the data they need, no matter where they
are, to make fast, agile decisions; Aberdeen research shows that ERPs decrease
the time it takes to make decisions by 36%! Why? Because the processes ERPs
support work from and assign to a single source of truth to support visibility,
efficiency, and decision-making.
·
Have you think about running your business on an
ERP? Or are you still using point or stand-alone solutions for finance, consumer
management, HR, and other core operational areas?
·
I guess the real question is, given the
competitive edge that ERPs contribute – and their ability to make work and life
easier in a small or midsize business – can you afford not to move to an ERP?
Hence a SAP solution
is the need of the hour. Once implemented it will help you get a significant
advantage in terms of workable efficiency and effective management of the
enterprise.
Five Tweets:
·
Did you know that high-growth SMEs running ERPs
have 11% lower operational costs? <Insert link>. <#hashtag>
·
Want to see 10% higher profitability in just two
years? See how other SMEs are doing it:
<insert link>. <#hashtag>
·
Are ERPs the key faster growth and scalability
for SMEs? Find out: <insert link>. <#hashtag>
·
Think enterprise resource planning (ERP)
solutions are just for big companies? Think again. <#hashtag>
·
96% of best-in-class growing businesses run
simple using an ERP. Learn why: <insert link>. <#hashtag>
One LinkedIn Post:
Running your small or
midsized business on a single system gives you a huge competitive advantage.
According to a survey by Aberdeen Research, SMEs that
deployed an ERP system have reported 11% lower operational costs; 10% higher
profitability in 2 years; better business visibility and forecasting; huge productivity improvements through integrated,
automated back-end processes; and easy access to accurate, trusted data. That’s
the power of running simple.
