How Digital Transformation Can Make Businesses More Efficient
By the end of 2017, it is projected that 8 billion devices will be connected to the Internet. Still, despite the fact that we’re more connected than ever before, employees are often less physically present than ever. In 2016, 43% of employed Americans reported that they spent at least some time working remotely, up from 39% just four years prior.
This means email alone is no longer sufficient. As DevOps and Agile production strategies continue to gain footholds in and out of the tech industry, more and more companies are undergoing a digital transformation, revolutionizing the way their employees communicate and collaborate with one another. While digital tools are occasionally a hard sell to employees, they offer considerable benefits to companies, from reduced costs to increased productivity. Take a look at some of the advantages your business could enjoy tomorrow by undergoing a digital transformation today.
Improved Time Management
According to a recent survey by McKinsey, employees spend 28% of their time at work managing email and another 20% searching for information, be it from coworkers or the company intranet. This includes scouring email threads for project details and tracking down the employee who last edited a document — it’s simply an unproductive use of employees’ time.
Empower employees to better manage their time by implementing digital tools that automatically sort inboxes and organize internal information. Additionally, chat features and other social tools can make asking and answering questions easier — think Facebook, but just for your company (and far more professional). Streamlined, intuitive digital tools can make massive email threads, cluttered inboxes, and complicated databases a thing of the past.
Focused, Engaged Employees
Recently, Aon Hewett reported that employee engagement has trended down across industries and regions. Productivity has been negatively impacted, which means that efficiency — and earnings — have taken an unavoidable hit. Unengaged employees also mean higher rates of turnover, further impacting your organization’s bottom line.
Although there are many ways a businesses can increase employee engagement, enacting a digital transformation has the potential to boost productivity and personal satisfaction. And, companies whose employees are focused and engaged reap appreciable benefits. Employees in an engaged workplace environment were found to be 21% more productive than their unengaged counterparts. Engaged employees also performed nearly 1.5x better than disengaged employees when measuring value per share. All of this equates to increased revenue across the board, as well as happier employees who are likely to stay with your company longer.
So, how can companies leverage digital tools to boost employee engagement and sharpen focus? Again, it all comes down to communication: tools that empower employees to connect and collaborate instantly will increase engagement, as well as those that facilitate mentor relationships, promote constructive feedback, and increase transparency between teams.
Steps Toward a Digital Transformation
Too many companies talk about undergoing a digital transformation in business without committing to action — but while your business weighs the options, your competitors are likely already taking steps toward more productive, communicative, and collaborative work. There are many out-of-the-box solutions available on the market that empower employees to work faster, smarter, and more efficiently. Chat tools like Slack, Chatter, and Yammer are options that can make a sizeable difference with minimal investment.
For many companies, though, a “one-size-fits-all” solution simply won’t cut it. Depending on the size of your company, your industry, and your business model or organizational structure, you may need different digital tools. If you want to usher in a meaningful digital transformation in business at your workplace, consider partnering with Exadel. With our unmatched development experience, we work with your team to deliver exactly what your company needs to succeed. Our solutions are guaranteed to increase productivity and engagement seamlessly — you won’t even remember what work was like before your business went digital.