Business success has become an ambiguous term, given that there are many changes taking place simultaneously.
The basics of “business as usual” also seem to have been uprooted.
There are two major factors influencing the shift: digitalization and globalization.
Assuming all businesses are already aware of this, we’ll move to more specific initiatives to consider.
Offer Diversity and Inclusion Training
Pioneering diversity is always a good idea and with remote work bringing together people from different corners of the globe, the matter becomes even more important.
Cross-cultural training, in particular, is recommended.
On top of the usual training methods, you may also want to consider eLearning design software, also known as Learning Experience Design (LxD).
Basically, LxD is a mixture of User Interface Design (UxD), Interaction Design (IxD), and Content Strategy (CS) that serves targeted chunks of information.
Empower Frontline Teams
Frontline teams are in dire need of assistance, training, and proper tools.
This category of employees is the most difficult one to retain, so proper planning is paramount.
Start with offering AI solutions for contact centers and more.
Tech has evolved so far that there’s literally no serious business that doesn’t deploy a chatbot for starters.
Highlight Safety Topics
Safety should never be taken for granted. If you’re dealing with construction, all the more reason to reconsider novel approaches and technologies, some of which we’ll mention hereby.
One novelty to the field is AI. Artificial intelligence can help with streamlining facility maintenance. Specifically, it can help businesses operate all kinds of machines remotely and use sensors to navigate various tasks.
The name of this particular AI technology is the Internet of Things (IoT). The IoT software compares current performance data with historical data, making sure that assets are functioning properly and reporting to facility personnel.
Among other uses, it is capable of:
Establishing baselines for asset performance indicators
Determining upper and lower limits of asset performance
Collecting utilization data
Transmitting data to AI-empowered software
Another suggestion is to use drones. Nowadays, this technology is pretty much established and can provide a couple of benefits. Drones provide real-time data recording, which can improve project efficiency dramatically.
Commercial drones, commonly deployed in construction projects, come in two shapes: fixed-wing drones and rotary drones.
Fixed-wing drones fly higher, which makes them suitable for surveying and mapping. Rotary drones can hover, which makes them suitable for photography, aerial inspection, and structural scans.
Other notable examples of construction tech that can increase safety include 3-D Printing Houses, BIM Software, and LiDAR.
Choosing the right softwareis a matter of strategy; thankfully, there are many useful tools out there.
Plan Leadership Succession
Successful businesses are prone to making one critical mistake: disregarding succession.
Simply put, key leadership will one day be replaced, so it’s paramount to have a viable plan set up before that happens.
What is a leadership succession plan?
In simplest terms, it’s a plan for transitioning leaders without disrupting daily business operations. As such, the plan should identify key positions and target individuals suited to fill them.
Simply allocating the role isn’t anywhere near enough. You’ll need to outline the steps leading to a successful transition to complex responsibilities. A succession plan should pinpoint the risks linked to leadership transition and devise efficient ways to address them.
Typical candidates are versed in company values, culture, and long-term strategy.
Brainstorm Shipping
Shipping, now, has always been unpredictable. With everything going on these days, it has become even more impossible to predict.
That’s why you should consider deploying streamlined software for delivery management and brainstorming your present procedures.
Compare Shipping Services
This should be the first logical step but some businesses simply go wrong about it. Namely, they compare only prices.
This is a huge no go, since we know how unreliable shipping can be.
Of course, that doesn’t mean that the most expensive option is preferable; just that price range and quality of service should be balanced out.
Here are the factors to take into account:
Delivery service type — the size of packages, the number of packages, etc.
Delivery speed
Security — compare different shipping services' security policies
Range of deliveries — if you’re dealing with oversized packages, look for delivery services that offer additional benefits in this regard
Delivery costs — double-check with the service provider
Professional overall experience — delivery services that are professional and easy to work with should be given priority
Shipping Accuracy
To measure shipping accuracy, divide the number of orders delivered timely by the total number of shipped orders.
Aim for a 99% accuracy and keep in mind that human errors are the usual culprit of poor shipping performance.
Pay Attention to Shipping Labels
Further out, ensure that all shipping labels are detailed. The finest of shipping labels include:
Recipient’s name and delivery address
Company info
Package weight
A handle with care warning for fragile orders
Audit Incoming Inventory
Next on, audit incoming inventory from the first- to the last step. Use the following checklist:
Scheduling deliveries
Double-checking the labels
Count the products twice
Confirm that all new products are stored properly
Sign proof of delivery only after verifying the contents of the shipment
Overall, the success of our days seems to be defined by the fast deployment of new tech and proper training that will make your teams stand out.
