It’s hard to imagine running any type of business today without the use of at least some technologies. No matter if you’re an IT company or a bakery, you need all kinds of software and hardware to survive the competitive climate.
It’s not just about utilizing various programs to help your organization grow either. Businesses are getting fully digitized in the race to improve their productivity, profit, and competitive edge. As many as 70% of organizations
have or are planning to build a digital transformation strategy. Unfortunately, digital transformation efforts also have over a 70% failure rate.
As you can see, technologies can hinder as much as they can help your business processes. Here’s how to use them wisely.
Think About the Gaps You Need to Fill
As a business owner, you may feel like you’re stuck in the mud while everyone else is already on Mars technology-wise. Your competition might be using different kinds of sophisticated software, while you’re sticking to the good old-fashion processes.
This comparison can create pressure to take your business to the next level of digital transformation, even if you’re satisfied with your work as-is. Consequently, you may succumb to buying too many different kinds of software, implementing them left and right, and wreaking havoc on your processes.
For example, you may decide to start using project management software for fairly simple procedures. This can lead to employee frustration as they’ll have to go through extra bureaucratic steps to complete a straightforward task.
A great way not to fall into this trap is to take a closer look at what aspects of your business need improving and focus on them. In other words — don’t try to fix something that’s not broken.
For instance, if your accounting is overly messy and difficult to maintain a firm grip on, you can invest in a solid piece of accounting software. Use the technology that can truly help you grow.
Does It Help the Customer Journey?
As a business, your number one priority is building and maintaining great customer relationships. That’s why exceptional customer service is a must. In fact, 86% of customers
are willing to pay more money for a great customer experience.
Many businesses choose to adopt technologies that can help the customer experience, but they can also end up hurting them. Before you implement a customer-facing piece of tech, you need to ask one crucial question — does this technology simplify or complicate the customer journey?
If a customer needs to create an account, download a third-party app, do a survey, and generally take a number of steps before they can reach you or buy your product, that will hurt your business.
Another mistake businesses make with technology is relying too much on it in building customer relations. Self-service is great and many customers love it, but you also need to provide the option of live representatives and human assistance. This is especially true if your target demographic are older generations who prefer human interaction.
Implementing Technologies Without a Plan
So you’ve researched the market, read through reviews, and bought a state-of-the-art piece of software everyone seems to praise. Now, all you need to do is install it and watch your business flourish, right? Wrong!
Implementing a new piece of tech can affect your processes deeply, with either great or terrible consequences for your business. That’s why you need to make thorough preparations and plan the implementation process to a tee.
Technologies, no matter how advanced, are only a tool, and they’re no good if you don’t know how to use them properly. Before you decide to implement them, you should think about what exactly you want to achieve with them. It’s a great idea to take a look at how other organizations are using them and see why they’re successful.
Think about how you will measure the effectiveness of your new tech and whether it’s achieving the desired effect. How will you prepare for the change and make it smooth instead of jumping into it abruptly? These are just some questions to help you prepare.
Providing Employee Training
You can get the best, most highly praised, and most incredible piece of tech, but if your staff doesn’t know how to use it, it will only cause problems. You can’t just announce that, from next week on, they’ll be using a new platform and let them figure it out.
As we’ve said above, having an implementation plan is essential, and that plan needs to include proper employee training. Depending on the complexity and scope of your digital transformation plan, they may need months to get comfortable with using the new tech.
Here, you can utilize AI technology to your advantage and have an employee chatbot for assistance. This AI bot can provide IT help and guidance to your
workforce in using new software. This tool is also great for initiating new hires and helping them get a grip on the company’s arsenal of digital tools.
Without proper training, new technologies can bring more harm than good, as employees struggle and fail to incorporate them into their daily tasks.
Quantifying Employee Productivity and Satisfaction
With great technology come great data and analytics powers. Thanks to various analytics tools, you can crunch numbers like never before and measure every aspect affecting your business down to minutiae.
What’s the percentage of employee productivity compared to the previous month? How many customers have clicked that feature on the website? Can you get more out of this tool, according to statistical estimates?
Analytics is one of the biggest superpowers of modern tech, which helps businesses troubleshoot their problems and solve them in a heartbeat. However, you can still take them too far.
Your employees are not machines; there’s no simple way to measure their happiness, potential, effort, etc. Numbers and data can help you manage your team to an extent, but you still need to factor in the fact that they are complex human beings.
For example, just because an employee has had periods of higher productivity doesn’t mean they can perform at that level at all times — if you push them, their mental and physical well-being might take a hit.
Technologies can be both a blessing and a curse depending on how you use them, so use them wisely.
By Leslie Gilmour
Leslie Gilmour works with companies, individuals, and teams to help with SEO strategy, processes, and implementation of a digital marketing plan.