Is Your Business Prioritizing Your Technology Needs Properly?
There is no right or wrong way to prioritize your business technology needs. However, you should definitely take a 10,000-foot look at your operations to determine what you need to move forward with your next investment. Still not sure where to start? Here is a playbook to follow to get to the basics of what you truly need before laying out some cash:
- Develop an investment strategy — Investments in new technologies can’t be made until you understand what organizational objectives you want to meet. The best ROI comes when you identify the problem before seeking out the solution.
- Operate within your constraints — Common constraints include budget limits, a lack of internal resources, outdated existing technologies and/or too many software versions (which makes integration a challenge), a lack of support from business leadership and a lack of proper training and experience among the staff who will implement the changes.
- Don’t bite off more than you can chew — You don’t want to adopt new technologies that create synchronicity issues and disrupt the operations of solutions that are currently working just fine. To protect your existing technology assets, focus on one new tech investment at a time.
2W Tech is an ERP and IT Consulting firm specializing in various technologies across the manufacturing vertical, as well as other industries as well. We are an Epicor Gold Partner, as well as a Microsoft Gold Partner. We would be happy to speak with your organization about the benefits various products and services can offer your business. Give us a call today.