Is your business relying on inaccurate information?
“42% of workers are working with inaccurate information”. Thats a quote from a recent IBM advert, backed up by research done by Accenture.
This figure may shock you but my comment is - I’m surprised it’s so low!
Inaccurate information is usually not caused by a lack of data. Most businesses have data up to their eyeballs. More often it’s a result of systems and applications that are not integrated with each other or they are not in touch with the business itself. Of course multiple applications and points of entry bring the inevitable human error into play too.
If you are relying on information gleaned from a collection of spreadsheets and old access databases strung together with loose memories of where they cam from or how they were put together then you are probably in the 42%.
If you are using a more comprehensive application built for your business 10 years ago, or even 5 years ago, it probably has no connection with the way you run your business today, or more likely the way you wish you could run your business today. You are probably in the 42%.
If you have no software applications at all but run a business that supports more than two people, you are almost certainly in the 42%.
You could be making better decisions. You could be making faster decisions. You could be working more efficiently and saving costs. You could simply be making more money.
Talk to an expert sooner rather than later. Developing a new system to replace an old one, or at least integrating what you’ve got, is an investment not a cost. You WILL reap the benefits in your business and in your pocket.
