Why You Should Consider SharePoint as a Business Technology Solution, part 2

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StrategyDriven Tactical Execution Article
 
In the part 1 of this topic, the likes of communication, organization and information was discussed as some of the reasons every business owner should consider using SharePoint. In this article, the focus will be on the pros of using SharePoint as a business technology solution.

Four Advantages of SharePoint

Experts at Domains4less.co.nz say that SharePoint reduces costs by consolidating intranet, extranet and internet sites in a single platform – either internally or through the use of Cloud technology. Training costs can be reduced by using SharePoint to deliver training materials to teams, customers and partners via a password-protected website, accessible from anywhere. Resources, time and effort are saved with SharePoint’s collaboration and productivity capabilities, which allow companies to focus more on higher business priorities.

Useful SharePoint Tools

Often, the reason why companies are reluctant to switch to SharePoint is because they don’t imagine how they can apply it to their business to provide tangible benefits. While there are many tools associated with SharePoint, the following generally feature the most easy to understand applications for business operations:

CRM Tools

With SharePoint, companies can more easily implement a strategy to manage their company’s interactions with customers, distributors and sales prospects. The CRM tools provided by SharePoint can help with marketing efforts, customer service and even technical challenges. CRM data can be shared with customers, partners and distributors, allowing them to send requests, track status and view information. Content management features can be extended to your customers and you can create secure central documents that they can both view and edit.

Calendar

A SharePoint calendar will keep users abreast of events, meetings, deadlines, milestones, and other important dates to remember. Users remain focused and teams are more consistent when everyone is aware of notable calendar events. Customers can also stay abreast of company or product events via e-mail updates. You can even overlay a SharePoint calendar with Outlook calendars (or other SharePoint calendars) so you can filter events or view them simultaneously.

Workflow Solution

Regardless of their size or scope, all companies have workflows that dictate an activity pattern, enabled by the systematic organisation of resources, defined roles and flow of information in a tangible process that can be documented and learnt. Using SharePoint, the workflow is defined as the automated movement of documents or items via a sequence of actions or activities, related to a business process. When applying SharePoint business logic, you can attach workflows to instructions that specify and control the actions that occur in any given document or article. Subsequently, this can simplify the costs and time needed to coordinate common business processes.

Dashboard Instruments

SharePoint lets you create a project panel to help users synchronise and perform tasks. You can view and filter elements such as project details, project documents, project activities, project problems, project calendars, project milestones, lessons learnt from the project, the risks of project, and project modification orders, amongst others. Effective use of the dashboard can help you monitor business metrics, analyse the causes of any problems and improve business intelligence to aid decision making. You can customise the SharePoint panel so that essential tools for managing content and users are readily available.

Is Sharepoint Adequate For Your Business?

There are valid business reasons to use SharePoint, but it’s up to each entrepreneur to carefully analyse their business credentials and calculate the actual cost of ownership. In general, if effectively implemented, SharePoint should reduce costs, save resources and ensure accuracy, whilst delivering tangible benefits for the business, including improved productivity, better decision-making and greater innovation.

Why You Should Consider SharePoint as a Business Technology Solution, part 1

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StrategyDriven Tactical Execution Article
 
SharePoint divides the different areas of a company and provides tools to connect them in a meaningful way. However, many businesses are cynical about Microsoft’s swiftly rising SharePoint tool. This could be because they’re not entirely sure how it can be applied to their business operations. Therefore, the goal of this article is to define SharePoint, analyse its uses and help you apply it to achieve a positive return on your investment.

What is SharePoint?

Microsoft SharePoint is a multipurpose web application platform that makes communication, collaboration and content management more fluid and effective for many businesses. The SharePoint platform collaborates with information exchange, enterprise research implementation, business processes and business intelligence to simplify operations, increase productivity and ultimately save time and money. The three main components of SharePoint are communication, information and organisation.

Communication

SharePoint’s communication capabilities improve the way people work together, enabling teams to be aware of who did what, when and with what documents. Essentially, it helps to share and distribute information in order to improve teamwork. You could also install virtual machines, Artificial intelligence equipments, bots and the likes, but do not neglect the power of SharePoint.

Content is stored in a central repository instead of being distributed throughout the organisation; this facilitates access, allocation, control and exchange. Tasks are assigned and team members receive automatic notifications accordingly. Any upcoming events are easily available and sent to the relevant parties. Meanwhile, blogs and discussion forums provide a platform for sharing information and ideas.

Information

SharePoint allows users more control over information. Content management is more fluid and effective for companies, keeping it in a centralised and synchronised position for all members to access. Here, information is stored in a secure and private place, where it can be shared with team members, customers or assigned partners. With efficient input / output management features, users can add, edit and delete the same documents, whilst maintaining version control.

Organisation

The organisation as a whole is also improved through using SharePoint. Content can be added as a table or list, in which users can easily search for and assign tasks. By storing the content in a manageable database, it becomes much easier to access and share. Utilising the calendar tool, an event can be created and stored alongside related documents, while automatic notifications can alert interested parties about any upcoming events or document changes. Data can be accessed on mobile devices with internet access, so that all parties can have the relevant information at their fingertips, no matter where they are in the world.

In short, SharePoint is a collaborative tool that improves the way in which colleagues work together by providing tools that facilitates information flow between users and departments.

How Can A SharePoint Solution Help Your Business?

Increased Productivity

SharePoint aims to increase productivity via a range of features and tools that provide the relevant information for the right people at the right time, eliminating unnecessary activities through automated processes. Team projects are best managed using centralised workstations and workflow solutions that keep members informed about the status of activities, deadlines and milestones.

Best Decisions

The decisions made by any business consequently determine its future. Successful companies know how to gather, save and study vital trade and marketing statistics to attain efficient, tactical, strategic and active information to facilitate better decision making. SharePoint services enable organisations to quickly respond to a changing market and fast-changing business needs by easily accessing readily available information.

For example, a project panel allows users to view and filter information about the company and project, so they can get an overview of a particular business problem at their fingertips. Subsequently, accessing and distributing correct business information allows a company to make more effective decisions about its future.

Unlocked Innovation

StrategyDriven Tactical Execution Article
 
Innovation is a process whereby new ideas are created and applied successfully. Innovation can help businesses improve productivity, reduce costs, be more competitive, find new customers and increase profitability. A company that fails to innovate will lose market share and won’t succeed.

SharePoint is an innovation assistance tool that helps unlock creativity through discovery and information exchange. SharePoint discussion features allow users to share ideas, as well as offer experience and create customised solutions for specific needs. For example, a user can start a blog for a private company to share ideas with a team that’s visible only to those who have access.

How to Run Your Business in the Most Cost Effective Way

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Running your company in the most cost effective way possible should be your number one priority right now. If it’s not, that suggests there’s something wrong. So why is this so important? Most business owners assume that things are being run efficiently and cost effectively, but that’s often not the case at all. Making those kinds of assumptions as an entrepreneur is almost always a bad idea.

You’ll be surprised by the many ways in which your business is probably throwing money away right now. It’s something that you can’t let continue because the sooner you look into it, the sooner you’ll realise that you’re throwing away resources unnecessarily. We’re not going to look at some of the things you can do to make your business operate in a more cost effective kind of way.

Outsource Certain Minor Things

There are are some things that you simply shouldn’t waste time and money hiring people to do. For example, something like data entry is something that’s very simply and very mundane. That’s why you shouldn’t be afraid to outsource certain minor issues and problems that might be present inside your business. Make them problems for someone else to deal with.

Put Stuff in the Cloud

The cloud offers you a fantastic way to save money because it’s all about switching stuff from your servers and putting them up in the cloud freely and easily. You don’t have to worry about running servers and paying for the electricity that powers all this stuff. It’s something that’s definitely worth considering and looking into if you haven’t had any experience with cloud computing and storage just yet. So it’s about time you started putting more stuff in the cloud.

Embrace Green Ideas

Running your business in a green way is one of the shortest and most obvious ways to make your business more cost effective and efficient. If you install water limits so that water can’t be wasted, you’ll save money. If you produce some of your own energy reserves, you’ll save money. And if you cut the amount of paper and cardboard you use, you’ll save money. When you go green, you save; it really is as simple as that.

Keep Modernising Your Advertising and Marketing Strategies

If you’re still persevering with advertising and marketing strategies that are well past their sell by date, you’re only going to run into disappointment sooner or later. Those strategies will produce ever diminishing results, and they’re not cheap. The modern ways of reaching people via targeted online ads and social media content is much more cost effective. So if you’re still living in the past, it’s time to drag yourself into the future.

Choose Tools and Components That Reduce Wastage

Depending on what kind of sector and industry you’re working in, there are all kinds of tools and components that can help you to make less. If you’re working in manufacturing, for example, you can use a flow meter to help keep things safe, secure and efficient. There are plenty of other examples of similar components that you can make use of in your place of work too, so this is something for you to look into.

Travel Around Less

Business travel can be really expensive, even if you’re just travelling across the city. Of course, you do still have to do a little travelling in order to run a successful business, especially if you want to go global. But you certainly can minimise the amount of travelling you’re doing by embracing conference calls and things like that. With modern tech, you don’t need to travel to discuss things with your clients, partners or suppliers, so why waste the time and resources?

Be More Careful During the Recruitment Process

Your recruitment process is something that you should definitely try to perfect as soon as possible. This is a cost effectiveness issue because it’s all about making sure you hire the right people the first time. When you hire the wrong people, it can unbalance, undermine and massively damage your business. It can set you back years, so it’s vital to get it right the first time.

Your business is going to have to operate in an efficient and cost effective way if you want it to be a major success going forward. No business succeeds if it’s wasting money on a continual basis, so it’s time to get things in order and make your business even more profitable and sustainable than it is already.

Benefits And Challenges Of Lean Manufacturing

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Lean thinking is all about doing more with less. Therefore, lean manufacturing is about reducing or eliminating waste across the board, from customer service and design to distribution and manufacturing. It is also commonly referred to as lean production. There are many benefits associated with lean manufacturing, as well as numerous challenges. Read on to discover everything you need to know.

The short-term and long-term benefits of lean manufacturing

As mentioned, lean manufacturing includes production planning, scheduling & control, and there are a number of benefits that come with readdressing these areas and eliminating waste. This includes improve employee morale, as your team members will feel empowered and like they are contributing. Moreover, lean focuses on reducing uncertainty in the workplace, which can also make employees more secure and confident in their role. Other benefits of lean management include a safer working environment, the creation of more space, and problem elimination. After all, lean manufacturing is all about forcing you to attack issues head on until they have been eliminated. Aside from this, you can expect total company involvement, as well as easier management because everyone knows what they have to do and when they have to do it. And that is not all! Other benefits you will realise include manpower reductions, increased efficiency, improved visual management, and improved quality.

Challenges you may face

As is the case with any change in business, there are going to be challenges you face along the way. Once lean manufacturing has been implemented successfully, it will all be worth it. Nevertheless, you do need to be aware of the challenges that you will come across so you can manage them effectively. The first challenge is resistance. After all, most people do not like change. They like to live in their comfort zone. This is why you need to make sure that everyone is aware of why this change is going to be implemented and how it will benefit them. Some of the other challenges you can face include initial labour increase, upkeep, and cost. This is not to say that lean manufacturing is expensive. After all, it is all about reducing waste. However, redesigning equipment and such like is going to cost money at first. Nevertheless, it is all about seeing the bigger picture and ensuring that you are going to be making cost savings overall.

Hopefully, you now have a better understanding regarding the short-term and long-term benefits that are associated with lean manufacturing, as well as the challenges. Lean manufacturing is something more and more companies are embracing today, and it is not difficult to see why. However, you do need to make sure you have the correct approach.

Improving the Efficiency of Your Business

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Countless businesses around the world are operating on a daily basis, with some proving to be more successful than others. Though this is down to things like marketing strategies, sales numbers, and top investors, even these indicators can be boiled down to having an efficient workplace. Higher efficiency leads to a business that is far more likely to succeed, and so it’s best to refine your workforce from within the office to see just how much this can help. Finding ways to do this can be hard, but you can start with small and easy improvements which will ultimately have an immeasurably valuable impact on the efficiency of your business.

Remind employees of goals

It’s almost like having a lesson objective up on the board during class time, but it works in the same way. Whether it be an email at the beginning of the working day, or a brief meeting as soon as everyone gets into work, having a daily reminder of what the goals in the company are for the day can keep workers on the right track. It will also help to clear up any potential confusion over what an employee’s tasks are and will prevent any greater misunderstandings happening further down the line.

It’s important to note that this will keep you as the leader from setting goals that are impossible to achieve in a day’s work, or which can be completed within a few hours. Having a physical reminder of what the workplace goals are will ensure that you can set them to match the fluctuating needs of a business. It will also introduce some variety into working patterns in the daily running of your company, which will keep your employees’ eyes on the prize. The trick is to set goals that are just outside the comfort zone of an employee, so as to challenge and push them to reach their potential.

Invest in better ways to communicate

You might have excellent goals and a foolproof business plan, but sometimes these can become lost when you are conveying them to staff. This could be down to things like overcomplicated jargon, or not using the correct vehicle by which to share these with your workplace. Either way, these factors are both things that need to be addressed. To start with, go over your goals and business plans with a trusted colleague or advisor to make sure that they are easily able to be understood by others in the office, and beyond. It may sound great in your head, but it isn’t your employees’ fault if they’re not able to grasp exactly what it is that you want. Breaking it down in a way that everyone can understand will help clear up any confusion you may be feeling, too.

Once you’ve done this, make sure you have a good way of communicating information to your staff, as well as potential clients outside the office. Having faster internet connectivity, a great landline provider, as well as a regulated email system can all markedly help with this. At the crux of it, companies now rely on the internet to communicate more than ever. To ensure you have the best of the best, and to look about bringing some extra funds in for your business, it’s a good idea to look into having a mobile tower lease.

Implement on the go training

Training is something that takes up a large chunk of time and resources of a company, which can often hinder any progress. Not only does it remove valuable workers from the office for an extended period of time, but it’s not even clear whether the training will positively impact the business. Traditional training requires staff to have training days, with large amounts of information being given out to staff, who are expected to take it all in during the allocated training slot. Not only has this proven to be ineffective, but it can certainly create a working environment characterized by high pressure, which will put workers off.

The key to solving this is through on the go training, where staff can learn at their own pace, in a place that suits them. You could even make use of mobile learning, so that they can do it from the comfort of their own phones, and so that training is not restricted to the workplace. This will not only make it more fun, but will enable the worker to embrace the newest technological requirements. By letting them train in snippets every day, the information becomes more digestible, and they will be better able to use it in a practical scenario.

Track progress

This type of training also makes it far easier to track the progress of workers, which you can do using internet software, or by checking in with staff at the end of every day. It may seem like a lot of work to put in from the start, but it will reap its benefits in the long run. By tracking progress, you will be able to see who is underperforming, and in which areas, and you will be able to spot any trends in the workplace that could be better improved in the next batch of training exercises.

However, progress isn’t always negative, and you can also use it to see just where your business is meeting its targets. This will help you take through a range of tried and tested strategies that you can rely on in the future. More importantly, you can use this information to see who deserves the next promotion, and who can be trusted with new responsibilities.

Reward hard workers

A happy workplace is known to be more efficient than an unhappy one. Incentivizing workers can be one of that hardest parts of running a business, especially on drab days where the hole office seems to be lagging. Though the easy option is to punish staff for not working that hard, the best option is to get to the bottom of why this is the case, and to offer support and extra training where needed. Not only this, but by introducing a rewards system for performance and behavior at work, employees will be more likely to reach for the higher goals, and will be able to see the same potential in them as you do.