New Business Ventures in Maturing Environments Challenge Systems to Innovate
Efficiency can increase profit margin and control outgoing cash flow. So management resists new business ventures in favor of leveraging the value of past investments. Holding on to technology and processes that worked well in the past makes good business sense, until:
• materials that used to be easy to come by are now expensive or unfriendly to our environment
• processes become too ridgidly scripted, inspiring turnover, loss of talent, wisdom, and productive capacity
• it becomes taboo to say, “I think our customers don’t really like… What if we…”
High performing teams need vision, energy, expertise and wisdom to leverage the best we have today and grow into the future. A new technology that makes safety improvements possible. Diverse perspectives that produce new offerings. Mobile communications that increase on-time product and service delivery. Multifactor authentication to reduce risk of identity theft. Cloud technology that informs decision makers anywhere they are. People make innovation reality. How will your organization innovate this year?
Modern Day Modeling Innovates the Innovation Cycle. Key Operating Processes, Safety, Workforce Diversity and Customer Satisfaction together with Financial Returns. A Visual Roadmap is created, tested, analyzed and refined. Modern technology synthesizes information through physical and logical systems; tracking key performance indicators in concert to present results against expected payoffs. Innovate the Innovation Cycle with Sound CPA Insights.