Nearly all companies today find themselves in a similar surreal business situation.
However, ask yourself, would you rather expend your energy fighting to keep everything status quo or ante up to suffer the pain of change? Would you rather stagnate in the new COVID-19 reality and hope everything will work out or face the fact that your business must do things differently to thrive? Truth be told, most of us would prefer to neither be in today’s situation nor have to do anything differently. Unfortunately, I don’t believe that is an option.
“We have seen two years’ worth of digital transformation in two months.” Satya Nadella, CEO, Microsoft
Change is hard. That’s why most people and companies don’t embrace it— and way too often avoid it.
I see and hear too many stories of companies (of all sizes) using antiquated technology and a head-in-the-sand approach to business process improvement. I see large companies, and even publicly traded ones, running their businesses on Excel spreadsheets, Word documents, and almost entirely holding it together through manual effort. Technology changes rapidly and offers an opportunity to improve. If you were not looking at your business processes and technology regularly, you were already falling behind. Today’s circumstances are an accelerate on an already burning platform.
What impact did the pandemic have on your business’ day-to-day operation in terms of just getting your normal work done? I’m sure the adaptations you had to make were a monumental disruption compared to a company that had already leveraged the Cloud and had an enterprise ERP in place. The company that challenges itself and its business processes is resilient. The company that has not changed much the past 5-10 years is vulnerable.
What kind of company would you rather be? Would you rather resiliently adjust to any fiasco and be positioned to take advantage of the situation or would you rather just hope that the next fiasco is minor and will not affect you too much?
I know what I would rather do.
Got a question, an opinion, or want some advice? Shoot me an email (jahlberg[at]waident.com), give me a call (630-547-7011) or read our latest posts.