Developing a business growth strategy

One thing that all organisations have in common is the desire to be successful and drive growth. To do this there are a few factors that need to be assessed if you are to develop a feasible business growth strategy.

People

Your people are your most important asset when it comes to whether your business is a success. When we are looking at a growth strategy it is important that all your people are on-board with your plans and are willing to rally behind to make it work.

people workplace growth strategyWithout the support of your people, and indeed senior members of your organisation, you won’t have the enthusiasm and willingness to change/adapt current ways of working. This is especially true when you are introducing new systems that incorporate mobility and automation, simply because some people don’t like change. Working with your team to ensure everyone knows the reasons why you are changing the ways of working, and the benefits that it will bring for everyone is the first step you should be taking when looking at a growth strategy.

Processes

“This is the way we’ve always done it though” is something that we hear a lot. If a process has been working for you enough to get your business to where it is then that’s great, but there is always room for improvement. In the fast-paced world of SMEs it’s imperative that you are looking at your processes to identify any areas that can be optimised, whether this be reducing paper-based admin tasks, or reducing the likeliness for human error.

Competitor analysis

What are other people doing well and how are they doing it? Learnings from key industry players are important as they have often taken the initial risk and used their time and budgets to iron out any kinks in their systems/processes.

If you are unsure of whether something is right for you then you should always carry out research and speak with expert advisors. There are a multitude of case studies online, and any reputable consultant will give you a free initial consultation that should answer some, if not all, of your concerns.

Technology

Having all of the above in order is a great starting point. But if you don’t have the right technology in place to execute your strategy, and most importantly support your ongoing growth plans, then you really are just firefighting issues. Having a system to enable cross departmental collaboration, improve business efficiencies and drive business growth is at the heart of your growth strategy and, as such, shouldn’t be a decision that is rushed in to.

Sage 200cloud screens

Sage 200cloud is a perfect example of what technology can do when it is used as part of a growth strategy. Having a

single system to manage finances, customers and end-to-end supply chain allows you to get quick business insights as and when you need them. As it is such a well-recognised and established software there are also a multitude of partner add-ons that have been specifically developed for Sage 200cloud; including industry specific solutions.

Join us for a free half day workshop, in collaboration with Sage, to reflect on your current ways of working and recharge your growth strategy. You will hear from expert speakers from DCS, Sage, Sicon and Draycir, and have the opportunity to ask questions specifically related to your business.

Find out more and register your place here.

Related Posts
dcs Solutions pick up Sage 200 Online Partner of the Year Award

The Sage 2014 Business Partner Awards took place earlier in February and we’re proud to announce the event saw dcs scoop the inaugural Sage 200 Online Partner of the Year Award. Following the annual Sage business partner conference, which focused heavily on the cloud technology revolution and the benefits of such systems to the end user, this...

Read More...
SAP Business One 9.2 enters general availability

It’s been quite a while since we first announced the pending release of SAP Business One version 9.2 and highlighted many of the great new features and functionalities due to be delivered by the system’s latest iteration. An even more extensive and heavily assessed Early Adopter Care Program (EACP) than previous releases was put in place...

Read More...
Sage 200 and Windows 10

Many of you will already be aware that, Microsoft has released their latest version of the Windows operating system – Windows 10. Earlier this year, Microsoft launched an initiative where the majority of Windows 7 and Windows 8 users could upgrade to the new software free of charge by registering for an automatic download. The...

Read More...



dcs_new_icon

Subscribe to the DCS Solutions Newsletter

Join our mailing list to receive the latest news, views and updates from our team.

You have Successfully Subscribed!