Surviving the Changing Business Landscape – an Expert Perspective

Staying afloat in business in this era where technological advancements are disrupting operations can be both expensive and difficult. We cannot count the number of companies that have sunk as technological storms ravaged the business world. 

A closer look at the surviving organizations tells you something. They have been doing things differently. They have been preparing for these storms. Our expert financial advisor thinks that businesses willing to adopt flexible and scalable systems survive and thrive in challenging business environments.  

These agile systems include the intranet portal – an online, intuitive platform with social features and integrations that foster real-time communication, team collaboration, and workforce engagement. 

Adopt Digital Workplace 

Corporations that were inflexible and couldn’t digitize their systems were the first to down their tools in the wake of web 2.0 technology. Organizations that promoted the integration of tools like the intranet portal software survived longer to become leaders in their respective industries. 

Look at IBM, Amazon, and Apple; these companies recognize that digital transformation is imperative for their businesses. They use intranet portal systems to coordinate various teams operating across the world.  These tools streamline digital workplaces allowing employees to collaborate and communicate efficiently. 

Recognize and Reward Talents 

We all know the problems with traditional employee recognition and reward structures. Poor visibility of talents, contentious appraisal issues, and same boring prizes. Intranet portals resolve these issues by providing you with a central platform that you visualize employee performance wherever you are. 

Through forums, polls, and surveys, intranet portals allow you to collect feedback that can help you harmonize talent recognition and reward systems. It allows you to recognize efforts and contributions through mentions in internal blogs and intranet homepage. 

This helps you to recognize teams on an ongoing basis instead of waiting until the end of the month or year to just recognize one or two employees. Businesses with strong team recognition and reward structures avoid high employee turnover – something most businesses in the digital world struggle with. 

Implement Document Management Systems 

It is time to abandon the paperwork office in place of a digital system that is easy to track and locate files. If your organization still grapples with tons of papers, you lose a lot when it comes to productivity and efficiency. Encourage the use of tools such as intranet portal software that have in-built document management capabilities. 

With an intranet portal, employees can search, retrieve and share documents with ease. Such as system also supports the use of metadata for easy tagging of documents allowing people to use keywords to find the files they need. 

The intranet portal ensures secure document editing and sharing by enabling the use of permissions. This means that only a person with sufficient user rights can make changes to a document. 

While you can utilize tools such as Salesforce and Office 365 SharePoint for workflow and workforce management, we prefer that you find a single tool that can undertake most workplace operations. This saves time and money as you only work from one place. Intranet portal is such a tool that enables you to integrate social tools, CRM software, workflow management software and other workplace systems into a central platform. 

LS Intranets is at the forefront of training and deploying intranet portal software to small, medium and large businesses. Our systems are apt for education, IT, healthcare, government, non-profit, construction, commerce, and many other sectors. Call or chat with us for inquiries. 

• ← Prev
• Next →