We live in a digital world obsessed with technology and innovation. Consumers are always looking for the latest products while savvy companies look to harness the newest technology for business success to boost efficiency and get a leg up on the competition.
There’s lots of hype around innovation, and it can be hard to separate what’s truly useful from the noise. Please read on to check out three ways that leading companies use new technology to drive efficiency and get results.
Here Are the 3 Ways to Harness Technology for Business Success:
1. Digital HR
Human resources play a crucial role for companies from before employees get hired to after their termination. Employees rely on HR to learn important practical components of their jobs, while businesses need it to keep their personnel on track and the company in legal compliance. Modern technology enables digital HR consultants to provide a full slate of HR services to companies without having the costs of in-house HR employees.
They provide top tier recruitment, retainment, onboarding, and outplacement services that keep businesses competitive and in full compliance with all local, provincial, and federal regulations. Get all the advantages of an elite HR department at a fraction of the price.
2. Artificial Intelligence
Artificial Intelligence, or AI, is exploding onto the scene, with companies across sectors rushing to implement the latest technology for business success like ChatGPT’s “generative AI” better than their peers. No examination of companies incorporating modern technology into their services and business offerings would be complete without discussing AI because that’s how pervasive it is, but it’s not clear how useful the technology truly is or on what scale.
AI consumes a ton of energy, with all its associated financial costs and outsized carbon footprint. On a local level, artists use it to augment their work, and coders use it to help solve mundane coding tasks that save them time. Leading tech companies like Google and Microsoft are betting big on AI, investing billions in it.
AI has existed for years but will grow more sophisticated in 2022. Time will tell whether AI is mostly a bust or whether it lived up to the hype.
3. Communication Platforms
Organizations need to stay in touch seamlessly, but not every issue deserves its own time-consuming meeting. Platforms like Slack, Google Chat, or Discord can be used to create the optimal groupings between colleagues so they can thrash out the details in small and large projects.
Such communication platforms make it easy for just the people who need to stay in touch to remain connected without wasting other people’s time. Of course, like with any technology, it needs to be used properly to maximize its potential.
If people send useless messages that don’t further any real work, even the most advanced technology won’t render that productive. But people can waste time in face-to-face meetings or emails, too.
Technology can do wondrous, dazzling things, but not all deliver real results for companies. Try to keep the above considerations in mind and the technology you implement should give you a considerable advantage.
