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How to drive business efficiencies

with minimal investment

With businesses and economies across the planet being disrupted by COVID-19, it’s now more important than ever to look at ways your business can maximise your business efficiencies - without breaking the budget.

Here are five ways you can do this:

 
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1. AUTOMATE ANY TASKS YOU CAN

E.g. Chatbots, 24/7 capabilities, online recruitment tools, email automation/CRM

Benefits
Save time, reduce costs, eliminate errors.

 
 
 
2. LEVERAGE TECHNOLOGY TO
IMPROVE YOUR OPERATIONS

It’s not just about investing in new technologies, but investing time into integrating them into your business. Here are four ways :

  1. Facilitate user adoption
  2. Use communication and collaboration tools
  3. Get the right equipment
  4. Measure customer satisfaction.
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Nearly nine in 10 Australian organisations adopted new technologies to improve their business continuity during COVID-19.

 
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Technology tools supported 3.2 million workers who would otherwise have been unable to perform their roles in compliance with social distancing rules - including about 1.6 million who may have been unable to complete any work at all.

 
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The study found that many Australian businesses intend to continue to use new digital tools and practices after COVID-19 has passed. Almost one in seven firms said technology tools were essential to continued operations.

 
 
 
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3. EMBRACE REMOTE WORKING

Working from home as the new normal.

Benefits
Improve work/life balance, decrease cost, improve productivity.

 
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A study by Swinburne University suggests, three out of four managers believe their staff will do more remote work after the pandemic than before it.

 
 
 
4. IMPLEMENT A GOOD PROJECT
MANAGEMENT SYSTEM

E.g. Monday, Asana

Keeps everyone on task and meeting deadlines, and allows team members to communicate about projects and goals. This is even more important if staff are working remotely.

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And finally, consider outsourcing ...

Outsourcing can save your business up to 70% on employment costs compared with hiring locally.

 

Want to learn more?

Why not contact us for a free business consultation today.
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