Are we focused and working smartly or are we overloaded with modern day expectations?
Making business decision at the drop of a hat has long lasting affects on any company. More often than not, the outcome is the loss of jobs and closure of companies.
Understanding the impact of a business decision can only happen when the management team of a company has clarity on the business case, business plan and execution plan, and relevant data.
In a tough economic climate, it is those who apply these planning principles that pushes ahead and disrupt their respective industries with innovative customer approaches and service solutions, that not only survive but prosper and takes the lead.
Business Case – a justification for a proposed project or undertaking based on its expected commercial benefit.
Business Plan – a document setting out a business’s future objectives and strategies for achieving them.
Execution Plan – is the “how-to” for your Business Plan.
This is where smart tools and technology solutions come into play. To collect data, one needs a system that can be easily populated with that and that can seamlessly integrate with data analyzing tools to deliver real time business intelligence.
Your smart tools should also allow you to easily collaborate with your various teams during the data gathering, analysis, planning and execution phases of driving your business forward through digital transformation.
In 1995 Clayton Christensen coined the term disruptive innovation. It’s described as an innovation that creates a new market and value network, eventually disrupting an existing market and value network, displacing established market leaders and alliances.
Velocity Global: The academic Clayton M. Christensen, who, with other colleagues, coined and analysed disruptive innovation theory in 1995, now argues that the theory has been too broadly applied, often leading to undue criticism of the theory’s original intent. Further, he believes that this broad, misinterpreted umbrella definition of “disruption” has been applied to any situation where once-successful industries experience a shakeup. So, if not this definition, then how does disruptive innovation in 2019 apply to the new AI-centered, future-focused business climate?
Salt is a firm believer of technology as a game changer that enables our customers and Salt to disrupt our industries, even in tough times. We have tailor made solutions to fit all sizes of businesses based on their business objectives and needs. We understand the Power of Business Intelligence and the need for TEAMS to collaborate in an efficient, cost effective manner.