Uncertainty and instability have been key words to describe the outcome of a potential hung parliament and such an outcome would have had serious consequences for the economy and business in general.
The result of the General Election, however, means that the prospect of greater certainty over the future is now more likely. For it is certainty and stability that is needed for business to survive during the course of the next parliament.
So how can this state of certainty and stability for the business community be achieved?
For a start, greater adoption of technology will enable greater efficiency and productivity, yet this discussion was noticeably absent during the recent election campaign. Technology, however, can only be the enabler.
What is more important is the quality and availability of business intelligence relevant to your sector of the market. This will rely on the quality of its data and information and the manner in which it is collected and collated.
At the Microlise Transport Conference at the Ricoh Arena on the 20th May, examples of best practise in the collection, collation and presentation of vital business information were discussed.
Leading practitioners from the Transport and Logistics industry demonstrated how such best practices were the platform upon which greater certainty and stability are established.
Best guess will be replaced by know best but this transformation in business thinking requires a different skill set and a different type of business leadership.
It will not be sufficient for all the power to be held at the top of the organisation. In order to energise and engage all members of staff, it will be necessary to make sure that vital information is made available in real time to all. Especially those members of the organisation that have direct interface with customers and end users of products and services.
In a micro margin business you need to Microlise all aspects of your supply and demand chains. Only by doing this will you be able to “Macrolise” your value proposition!
Microlise products and services will enable you to undertake this process and make the transition to a more certain and stable future.
