Workflow and Business Efficiency — 5 Strategies You Ignore at Your Peril

Emails alone don’t cut it as an efficient way to communicate with team members. You’re not still depending on email, are you? September 13, 2018 5 min read Opinions expressed by Entrepreneur contributors are their own. An inefficient business can cost you a lot more than just growth — it can affect your revenue, too. According to a report by IDC, your business runs the risk of losing 20 to 30 percent of your revenue due to inefficient systems. Related: Logistics Workflow Management : A Spot Market Overview Unfortunately, many companies still struggle to implement the right systems to improve their workflow. Others have it worse, because they have no systems. In those situations,projects take ages to be completed, more time is spent on menial tasks and teams never seem to get enough done during work hours. If that describes your company, your company’s profits may start to plummet, too. Every successful business, then, has clearly […]
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