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When businesses merge or face economic slowdowns, it makes sense to look at waste and redundancy. Enhanced ICT initiatives deliver insight and proven solutions.
When people bandy the word “downsizing” around, images of mass layoffs and economic devastation come to mind. In a corporate downsizing, there’s also another unenviable set of circumstances. Corporations merge, and decision-makers restructure the labor force due to overlapping responsibilities. Corporate downsizing generally has a negative connotation attached to it.
But in the digital age, information communication technology (ICT) can help small, mid-sized, and large corporations eliminate workforce redundancies without swelling the unemployment lines.
“Whatever barriers that used to be there a long time back, like the communication barrier, task-performing barriers, management barriers, or outsourcing barriers, have been overcome by the invention of technology,” Amit Prasad states in “10 Ways Technology Has Reshaped the Modern Workplace.” Internet and various software and applications have made it possible for the businesses to remain focused on their goals with no or negligible disruption by the day-to-day operational procedures.”
At ICS in Texas, I know our team of professionals streamline business systems and strategies to reduce overhead and improve cost-efficiency. These are ways your organization can downsize without suffering significant disruption.
Increasing an organization’s real-time communications abilities may not seem like a downsizing strategy at first blush. But consider the wide-reaching doors today’s Cloud-based platforms open.
By shifting profit-driving and business tasks to the Cloud, your company no longer requires employees to commute to the facility. Take that one step further, and your HR department can now explore highly qualified individuals who can work remotely from anywhere. Say, for argument’s sake, your employee overhead is too high in the bookkeeping department, but your needs continue to grow.
There are a wealth of online bookkeeping programs available that open the door to partial or full outsourcing. Remote workforce programs also allow in-house administrators to set data accessibility parameters for cybersecurity reasons. Rather than add more employees and the expenses that come with new hires, talented independent contractors can be tapped.
Technological advancements have been both a blessing and a curse. On the one hand, operating a business in the digital age opens global markets through immediate communication and enhanced logistics. By that same token, companies are finding that in-house managed IT and cybersecurity departments are beginning to tax fiscal budgets.
Industry leaders may discover is that IT staff members are conducting the same or similar tasks. Many are putting out tech fires during their shifts, and big-ticket initiatives such as continuity and recovery measures are falling to the wayside. If your outfit was under the impression that IT services and cybersecurity were strictly in-house issues, staff augmentation might be a reasonable solution.
Bringing in third-party professionals can move planning strategies forward without swelling the full- or part-time ranks. And if your organization must conduct a downsize due to an economic slowdown or restructuring, managed IT and cybersecurity can be conducted safely, efficiently, and cost-effectively by a third-party firm.
When organizations are tasked with cutting overhead and workforces, eliminating redundancies proves to be the most cost-effective strategy. By removing areas of overlap, your operation maintains its robust productivity without the waste. One of the keys to identifying and minimizing redundancies comes from understanding the comprehensive nature of remote workforce platforms such as Microsoft Teams.
Consider that your operation relies on sales or other professionals in the field. These team members conduct face-to-face business with valuable clients. They often follow an outdated system of conveying information and orders back to admin personnel who relay them through onsite channels.
Platforms such as Teams deliver front-to-back communication with all of the key stakeholders. Having middle-staff manage accounts and orders tends to be inefficient and unnecessary when you maximize your ICT capabilities.
If you are faced with a revenue shortfall or wish to streamline your organization by eliminating redundancies, contact ICS for a consultation.