Home > Sudheer's Blog > Make your business solution 21st century compatible

Make your business solution 21st century compatible

Technology is changing at the speed of our eye blink. Therefore it is becoming necessary to be awake round the clock. If you become even slightly negligent in your vigilance towards this changing scenario, there are chances that you may be backtracked in your activities. This is a lesson I am learning and practicing in my day to day life.

To survive and succeed in today’s competitive business front, businesses must embrace the new emerging technologies, new operating models and IT platforms that move beyond cost-cutting and enhance business performance.

I have noticed, many of today’s companies are built on business models and structures daring back to decades, that are dealing with big operational problems because they are simply unfit for the competi­tive exigencies of today’s requirements.  But to my surprised, many of these organizations are not ready for a change.  We can’t out rightly blame them, because old habits die hard.  Many of these companies still apply old physical value chain thinking to the emerging digital value chain, and this attitude is severely undermining the competitiveness of many companies.

Anyway, being a consultant, we must approach our clients on a positive note. Their reluctant attitude can make our job little tough but not impossible. It takes little more time to convince them the benefit of emerging technologies and the need for embracing the change. You can succeed in your effort if your intention is genuine which the decision-makers will recognize and accept.  The decision-makers also realizing that many entrenched organizational strategies, principles, methodolo­gies, processes and systems are decreasing in relevance therefore a change is a must to manage this fundamental shift in how business will be conducted in the coming years.

When I talk of structural changes in organization, it is not a common solution or formula. As every organization has its own operational methods and methodologies the structural changes also must be carried out at looking at the most elemental processes of a company. Every company can rethink how they can best align with new opportunities.

Emerging technologies also enables companies to maximize the utilization of both human and financial resources, better track vendor managed inventory and other off-site or remote stock, and significantly improve workflow management by better planning, mapping, and executing key processes across the business.

I don’t think I won’t be doing justice to myself if I don’t mention anything particular about our ERP system before ending this note. What is my advise to every growing organization is that they must realize that ERP systems have become the most significant IT investment for most companies in their capital budgeting. It is the business strategy that plays a very important role in choosing the right ERP and the successful implementation. Because of the specific features of resource ERP system, it is expected to go well with majority of the business process. eresource is being implemented successfully in major industrial segments and there is no concern about its functionality and module compatibility. Numerous case studies conducted successfully proves eresource ERP is one of the best enterprise software solution available in Indian market today. I can bet on it.

 

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