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From The Economist Espresso: Better you than me: driverless-car ethics. Who decides? https://espresso.economist.com/e327b1649d06bf74fceb4fe73f83bdba 

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Posted on 16 Oct


Jiwa Blog

04
10. 2017
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Focus on Opportunities, not just efficiencies

Do you want to plan for the future, but find yourself stuck doing routine tasks?  If the answer is yes, you’re not alone.  For many Australian businesses, finding time to focus on growth is constantly at odds with maintaining day-to-day efficiencies.  Here are some of the ways investing in a quality business management system can help your organisation expand to new heights:

Time is money – get your head out of admin

It’s essential to remember that time is also money.  While quality management systems come with a price tag, so do the opportunity costs of spending too much time on admin and not enough on the big picture things that help you grow and develop.  With a streamlined management system, you can expect process efficiency across the organisation, which will free up plenty of time to innovate.  You’ll also reduce your need for IT intervention or maintenance across programs, leading to considerable savings.  Plus, with real-time visibility, you’ll be able to access all your information in one place, without having to search for data across different locations.  This will help turn information into insights, leading you to make faster, more informed business decisions.

Get integrated

When companies invest in growth, effective planning of a management system often takes a back seat to short-term cost savings.  However, as your business grows, so will your software functionality needs.  Not having adequate software with depth and breadth in place to take on increasing demands can stunt your company’s growth, leading to sluggish performance and an inability to make sense of information.  Operating across different systems means having to constantly enter and re-enter information, which is both extremely time-consuming and likely to lead to expensive input errors.  Alternatively, investing in the right system will enhance and encourage growth.  By integrating management software, businesses can expand to new locations or sales channels with ease, providing more time and energy to focus on the future.

More time for you, more sleep time

Most business owners are aware that growing a company requires investment, but seem to underestimate the value of their own time.   As organisations grow, managers tend to take on extra administrative duties in lieu of investing in software that can take care of it for them.   Doing extra work often comes at the cost of personal time and as humans, we need to take enough time out for ourselves to perform our best.   Sleep is often the first thing business owners give up when faced with a heavy or stressful workload.   However, not having enough rest is linked to poorer creativity and a reduced ability to process information – all the key ingredients for developing innovative strategies.   By investing in a system that looks after all the little things, there will be more time in the day to channel energy into developing larger creative ideas.

Need help taking advantage of growth opportunities?  Jiwa can take the admin off your shoulders, so you can focus on what matters most to your business.

For more information, contact us today.Ph: 1 800 00 5492