How will businesses improve in 2016? One way will be to make improvements in business processes. Another way will be to make better use of emerging technologies. Since this is a complicated question, let’s simplify the answers by looking at 3 ways businesses can improve their processes and 3 technological trends that are expected to grow in 2016.
3 Ways Business Processes Can Improve In 2016
Technology has changed the workplace. Although it’s now easier to perform better, collaborate more closely, and communicate better, many companies are still plagued by inefficiencies.
Currently, in 2015, many companies have become bogged down and aren’t leveraging the power of technology efficiently. Inefficiencies in the workplace are all due to information overload. It has led to distracted employees and dysfunctional teams. In one word, confusion.
Many companies are not clear on what to do to grow their business.
The solution is to improve clarity. Specifically, clarity of goals, plans, and purposes.
When everything is possible, it’s difficult to settle on just one goal. The result is that companies often develop numerous projects to improve their bottom line. While many streams of income sounds like a good idea, it can quickly aggravate information overload. Confucian wisdom points out that when a man chases after two rabbits, he doesn’t even catch one.
For a small business to improve in 2016, it will be essential to focus on one primary goal. A clear goal is a single one.
Technology has empowered us to approach any project from a wide number of angles. This abundance of choices results in trying to achieve our goals using multiple plans.
For a small business to improve in 2016, it will be essential to choose just one plan and to pursue it in a step-by-step way.
Clarifying Productive Purpose
Since knowledge is now more freely available, it’s possible for employees to be skilled in many areas. When teams are formed, it results in people getting involved in many aspects of a project. The result is conflict between workers or duplication of effort.
For a small business to improve in 2016, it will be essential to match an employee’s best skills with a job description.
3 Tech Trends Expected To Grow in 2016
The fastest growing trends appear to be how to handle big data, the Internet of Things, and the increased use of mobile phones as a business tool.
The most powerful technologies to apply in 2015 are cloud computing, data backup and recovery, and mobile technology. Let’s take a quick look at each of these trends.
Cloud Computing will be seen as a way to handle more data while minimizing the space taken up by too many office machines. A cloud provider like Asure Software can be used as a business based software to eliminate the need for an elaborate local computer network to handle things such as data storage, processing, sharing, backup and retrieval.
Over the past decade, offices have increased their technological structure. There is a lot more hardware and software available in any workspace. Much on-premise technology can be reduced by using the cloud for projects. Running everything in-house is both time-consuming and expensive.
There are basically three types of cloud services: public, private, and hybrids.
A public cloud service uses a shared infrastructure, where users each get their own account. The provider takes care of everything: from security to system resources. They maintain the cloud for the public good. Google mail, for example, offers the public an elastic, cost-effective, technologically sophisticated way to get a free email account.
A private cloud service is used by big businesses that want to run everything on their own, from hardware to software. It’s used by organizations who want the flexibility and resources of the cloud rather than a local area network.
A hybrid cloud service is a blend of public and private clouds.
The Internet of Things
In 2016, the Internet of Things (IoT) will gain momentum. This will affect businesses and consumers alike. The IoT is a complex concept. Basically, it will mean that anything that can be connected will be connected. According to Gartner, an analyst company, 26 billion devices will be connected by 2020. The connection will be between people and people, between people and things, and between things and things. How will this affect you in your business. Jacob Morgan offers a brilliant picture of how this can look: ““What if your office equipment knew when it was running low on supplies and automatically re-ordered more? What if the wearable device you used in the workplace could tell you when and where you were most active and productive and shared that information with other devices that you used while working?”
Millenniums who will make up much of the workforce will continue to insist on using their tablets and smartphones to facilitate their work. Mobile solutions will be critical for business communication and will be added to small business’s technology costs.
An Ideal Scenario
Here is what an ideal scenario of 2016 might look like:
Most companies will have to overcome information overload by simplifying their business processes with clear goals, plans, and purposes. Businesses will know what to do, how to do it, and who will get the work done. This higher level of human efficiency will dovetail nicely with the streamlined infrastructure of cloud computing, the interconnectivity of the IoT, and the ease of communication afforded by mobile telephony.