The business climate is very uncertain and we don't know how long this will last. One of our customers reported his worst week of sales for over 20 years. One thing is certain, most people are going to batten down the hatches and spend as little as possible for some time.
"Make do and mend" will be the watch words, we will have little money available for new investment . In the short term this could be a good thing for all of us, if we can survive, by forcing us to take stock and look at what we have and use our assets better.
Practically every business with an IT system does not make use of the tools available, the time is right to make your investments work harder for you. Now is the time to find out what you can do for yourself or with the minimum of help from others. We should challenge each other to find ways to make the tools we already have work harder, for now and the future.
Tuesday, 28 October 2008
Subscribe to:
Post Comments (Atom)
1 comment:
Traditionally in the western world, when times are tight we have the habit of cutting budgets. One of the first casualties is the training budget. People still see training as an expence rather than an invetment in thier people and business.
As stated now is the time to make sure that we are getting the most from our investment in equipment, software and business processes, the trouble is you only know what you know, often you do not know what you are unaware of. To ensure that you are getting the most is to ask others (consultancy) or learn (Training). So I believe that now is the time to increase your training budget not cut it.
Post a Comment