MANAGEMENT: Preparing for the Upswing
Recent Gauteng Business News
- SA Spends R80 Billion Recapitalising State-owned Enterprises
- SMART Helping Transform Classrooms and Learning in SA
- Baker McKenzie Wins International Law Firm Of the Year at African Legal Awards
- New Partnership to Deliver Contact Centre Solutions for SA
- Peace Foundation Awarded a Stake in JHI Properties
In recent months, analysts have observed that many organisations are reporting that their staffs are working at near- or full-capacity levels. This demand level will almost certainly increase when businesses start detecting resurgence in demand from customers, a more stabilised economic climate and a far-healthier lending environment from which to access credit.
As these improvements translate into new IT project demands to help businesses identify new revenue and profit opportunities, companies will need a way to manage the already high project load with a new wave of projects. However, waiting until that new demand arrives will be far too late to appropriately meet it.
Companies should identify emerging opportunities and prepare for the inevitable economic recovery now. There will be a lag in time between the point at which the economy begins to grow again, and when its officially declared to be growing again, companies simply can't afford to wait for an official declaration before they begin planning for better times.
The business world is now in a ‘wait and see’ mode. The reality, of course, is that you can’t ‘wait and see’ forever. Even though companies should be exercising the necessary caution and ensuring the next move fits in with your overall objectives, it may be wise for CIOs to explore new opportunities and technologies.
It makes sense for early adopters of technology to partner with a managed services provider. Typically, SaaS models are available for trials and businesses can, for example, take advantage of early adopter programmes, which are usually offered in the spirit of partnership.
Business News Sector Tags: Management|