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My Business Is Small – So Why Worry About Running Simple?”

Saturday, October 28, 2017

“My Business Is Small – So Why Worry About Running Simple?”
I hear this a lot from executives at small and even midsize companies. Most are focused on growth, growth, growth – as they should be, especially as competition intensifies. But many growing businesses eventually hit a wall of operational constraints that limit their ability to deliver goods and services, or branch out into new markets. They simply can’t grow anymore because their business is running on a patchwork of cobbled-together processes, organizational structures, and IT systems that can’t scale and adapt. It’s easy to think that business simplification is something you worry about after your business gets big enough to be complicated. Big companies are notoriously bogged down with overly cumbersome processes and locked into fragmented legacy systems and inflexible network architectures.  But there’s never been a better time for leaders of SMEs to think about business simplification. Run simple, and you can avoid this costly, frustrating scenario entirely – and keep the doors of innovation and growth open now and in the future.

Chart a Better Path to Sustainable Growth by Running Simple From an IT perspective, this means saying goodbye to deploying stand-alone apps and patching your infrastructure here and there to meet immediate needs. Because over time, it will become overly complex, rigid, and less effective. And it means building a flexible, scalable operational platform that can deliver on your corporate growth strategy. With the right platform, you can pursue growth while remaining resilient, adapting to market changes swiftly. So as your business grows – and you need to outsource non-core operations, support new business models, sell across multiple channels, and go global (with all of the regulatory, linguistic, currency and other complications that brings) – you can do so with ease. That’s the power of running simple.
And according to a Knowledge@Wharton paper, the benefits of business simplification are huge: better customer experiences and retention, higher profits, lower costs, greater employee engagement and retention, increased operational efficiency…the list goes on. They can also react faster to market changes and customer needs, lighten employee workloads, and accelerate time-to-innovation and time-to-market.


SAP solutions for SMEs make it easy for you to run simple. Easy to install and use, they are tailored to your specific business needs so they’ll work for you now – and as you grow.
Check out the complete Knowledge@Wharton paper here.
https://lnkd.in/ei7UeSE


 

 

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