If you have a company that’s had two massive transition points—first a Tornado and then an Avalanche—you have two options. First, you may have to sell. Even worse, of course, you could simply go under, with nothing to show for all of your hard work. Your best alternative, though, is to follow the path of Devon Energy. In a previous blog, I told the story of Devon Energy: Having survived their Avalanche, merged with a [...]
Business owner, do these complaints sound familiar to you? Why is productivity down? Why are margins falling when revenue is soaring? My back office just can't keep up or give me good data It seems like my technology team is always fighting fires If so, it’s likely that you are going through one of the transitional phases of the Business Storm Cycle. Whether that’s the rapid growth phase of the Tornado, where sales are suddenly [...]
Once you have your processes and people where they need to be, your next step should be to define what technology you have and what you need. Just remember there are no magic bullets that will do all the work for you. IT is the backbone—but people and processes are the muscles and bloodstream. Each aspect of IT will need to go through an assessment. This lets you see where you have gaps and where [...]