Change is an integral part of business growth

By Kevin Lindsell, IJYI
One of those constants in life is ‘change.’ In business it can take many forms: technology, market conditions, customers, structure, etc. and the ability to adapt and implement it is crucial for a business to remain relevant and competitive.
Published in Suffolk Director Magazine Spring | Summer 2023
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Software Development : IJYI

As one of the biggest drivers of change in recent years, technology advancements mean businesses must continuously evaluate and adopt new tools and systems to remain competitive. This can include implementing new software systems, upgrading to new hardware, or adopting new methodologies for managing data. For example, the rise of cloud computing has changed the way businesses store and manage data and has made it easier for organisations to collaborate and share information.

Changes in consumer buying behaviour, such as an increased preference for online shopping, can drive businesses to adopt new strategies for reaching and serving their customers. Changes in the competitive landscape, such as the rise of new competitors, or the decline of established players, can also force businesses to adapt in order to remain competitive.

Evolution and technology

As businesses grow and evolve, they often reorganise to align with changing goals and priorities. This can involve restructuring departments, creating new roles, or streamlining processes to make the organisation more efficient. In some cases, businesses may choose to merge with, or acquire other organisations, to gain access to new resources and capabilities. Such organisational changes often require significant technology change projects.

Feedback from our own teams using tools like OfficeVibe, can help us understand how to improve their well-being and potentially save time and costs.  It can also open conversations about possible changes that may not have been considered. 

Currently, the news is focused on other external factors such as economic conditions, government regulations, and geopolitical events. Things such as a recession can lead businesses to adjust their strategies to reduce costs and increase efficiency, while changes in government regulations can impact the way businesses operate and affect their bottom line.

Clear vision and strategy

Implementing change can be a complex and challenging process for businesses, and often involves overcoming resistance from employees and stakeholders who may be comfortable with the status quo.

To be successful, it’s important for organisations to approach change in a strategic and systematic way. This may require the development of a clear vision and strategy, communicating the reasons for the change to employees and stakeholders, and ensuring that everyone is on board and understands their role in the process.

With the domains that IJYI is familiar with, we’re often implementing or changing a software tool that our clients and their employees will be used to working with every day. In IT, change is inevitable in ensuring that software systems are kept up-to-date, maintainable, supportable and secure.

Effective change management goes hand-in-hand with continuous improvement. Businesses need to be open to new ideas and feedback, continually evaluating and refining their processes and systems to ensure they remain effective and efficient. They also need to invest in training and development programs for employees, seeking out new technologies and tools that can help drive improvements.

Change is an integral part of business, and businesses must be prepared to continuously evolve in order to remain relevant and competitive.

Change is an integral part of business growth 1

Kevin Linsell is CEO at IJYI Ltd.

E: info@ijyi.com
Or visit www.ijyi.com

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