When the business climate slows down there is a temptation to conserve. If things get slow enough, you can always cut back on some expense line, drop some people or hold off on product development. The feeling is that conserving cash is a less risky path than pushing forward with aggressive business plans.
It’s a psychological thing I guess, a natural inclination to follow the herd. The problem with following the herd is that life is frequently not kind to the herd. The lions don’t stop eating wildebeests just because the wildebeests aren’t moving around or thriving.
The simple fact is lions can feast when the herd stops moving around. For the lion, it’s high times indeed.
Focus on Business Effectiveness
Business is just the same. Your successful competitors are most likely planning how to take advantage of whatever economic climate is prevalent at any given time. That certainly includes a plan to exploit the competitive vacuum created by companies that “pull in their horns” and wait out the downturn.
Now is the time to look at business effectiveness. What do you do well? What can you do better? What should you stop doing?
If you are still running your business on the vision you see in your rear view mirror, you are just asking to get creamed in the market. Last month’s performance numbers don’t mean anything to your plan for the future if the market has changed or moved since your last plan was executed. Why would you base your business planning on numbers from last month, last quarter or last year?
Agile, responsive business execution is based on information as fresh as today, right now, this very hour. Information feeding the execution decision process that eliminates the lag between measured performance and resultant execution strategy.
How the New Breed of ERP Helps
The new breed of ERP, such as Control is just the kind of kick start your operation can use to start turning things around. Rather than focusing on endless data compiled in reams of standardized reports Control provides you and your team with the specific information they need to execute their jobs as efficiently and effectively as possible.
Believe me, there is more to this then just a bunch of nice-sounding words. The new Control is radically different from other ERP systems.
Role-based data, matched with integrated workflow and user configurable dashboards allows the individual to create a personalized work space that is not constrained by a title-based role format, but rather a modifiable template that is configurable to match each person’s unique, individual requirements.
At the center of this workspace is our Business Activity Monitor technology that places the most critical real-time reporting right in the center of the user’s screen.
Tied directly to this work space, the user has their executable functions associated with their job arranged for convenient and instant access. Virtually no lag time between information received and action taken.
You are literally running your business in real time versus reacting to old data that is likely not even valid.
Now is the time to unleash your lions. Now is the time to start your recovery.