The two benefits of modernizing business practices

Sep 9, 2019 Modernization
innovative solutions

The two benefits of modernizing business practices

It is difficult to perform one’s daily tasks correctly all the while taking the time to search and understand innovative solutions that would be able to modernize one or more of our business processes. So we do as we did before and, if possible, faster and faster, shifting the productivity challenge onto ourselves.

Via the “Ecosystems” application, Collaboration Capital offers operational managers the opportunity to identify and understand new solutions adapted to their business. These solutions are real technological and usage innovations that improve and optimize a business practice.

Thus, the person in charge of human resources, production, marketing, sales, or supply chain, etc. can identify solutions capable of modernizing his or her practices, in this way improving quality and/or performance.

The second benefit, often overlooked, lies in the link that sometimes connects the activities in the company’s value chain with the value proposition. A technology that can improve the execution of a task, the supervision of an activity, etc. generates a result that can be factorized to improve or extend the company’s value proposition to its market.

A connected object capable of delivering more information about a state or a process (thus improving the management of an activity) can very often provide another value, such as a guarantee or a service to the end customer who will delight in accessing information that can improve the understanding of his/her activity and therefore its management.

The improvement of a business practice, a process -component of the value chain- can increase the productivity of an activity. Not only does it reduce its cost, improve its performance, but also impacts the added value. And therefore the construction of the company’s result by sharing with the customer the results of this optimization.

Collaboration Capital also provides feedback from collaborations between startups and companies.

 

Leave a Reply

Your email address will not be published. Required fields are marked *