Vision: How to Prepare for the Unknown

Business Agility Vision

When you can’t predict the future, how can your technology investments support your long term strategic vision without restricting it? Vision means preparing for the unknown, with agile enterprise software designed for change.

Is your software ready to tackle the unexpected?

New markets, customers, products, competitors and ways of working. More than ever, businesses need to plan for a very different, more changeable future. Planning for the unknown means being open to the possibilities of changing markets and business culture, and being ready to make the most of new opportunities.

This is why we believe that vision is one of the foundations of business agility: the vision to choose and deploy adaptable software tools when you need them, without upheavals.

Vision in 60 seconds

Vision: the ability to prepare for the unknown and keep your company agile enough to respond to the unknown threats and opportunities that lie ahead. Discover the key challenges for enterprise software investments in this sixty second video.

IFS Business Agility: Vision in 60 seconds

Vision in Depth

Agility begins with a vision for where new opportunities lie in the long term, knowing what to do about them and how to prepare for them.

Too often enterprise software limits your options. But your core software should support long-term strategic change, rapid shifts in the market, variations in customer demands, and new ways of doing business. In fact, the bond between business strategy and technology investments should be one of the strongest in your company.

What are the biggest challenges facing your long-term enterprise technology investments?

Preparing for the unknown

Business today isn’t just about being ready for tomorrow. It’s about being prepared to deal with an increasingly unpredictable future. Elastic strategy, processes and infrastructure investments are essential.

Enterprise technology should not dictate a rigid path to a fixed goal, or involve paying for redundant capabilities to address scenarios that may never happen. Unfortunately, this is often exactly what enterprise technology does. Modular technology – built to easily add new capabilities or functions – sidesteps this problem. Modularity allows organizations to easily add new functionalities to address new markets, new products, and new processes when required. This could help a business quickly capture a market opportunity, integrate a company after acquisition or adapt to new revenue models or services.

Realizing value from investments rapidly

Lengthy enterprise software implementations impede growth, and lead to technology becoming a determining factor in business vision, rather than helping enable it.

Modular technology comes into its own here again. By adding specific elements as and when required, technology investment can keep pace with business vision, running in parallel and adapting to new needs, trends and delivering value.

Converting skills and knowledge

Too much organizational information sits beyond the reach of technology. And in complex, technical businesses, the knowledge of the specialist teams and employees is an organization’s greatest asset.

A key challenge is how to convert skills, knowledge and ideas from individual, human capital, into structural capital that benefits the whole business.

Technology can facilitate this kind of knowledge transfer. Whether providing access to centrally stored information like engineering and show order data, manuals on assets or repair scenarios or a single system to track project dependencies, the right software can ensure an organization’s greatest asset – knowledge – isn’t lost when employees leave or structural changes occur.

Customer and supplier relations

The growing digitization of everyday life has changed how consumers think, act and engage with organizations.  Project- and asset-based businesses are under real pressure to transform how they serve and interact with customers, suppliers and partners.

Rapid access to knowledge about these relationships is only possible with systems that can manage and present a view of the whole interaction chain, from sales through to purchase and ongoing support.

New working cultures and practices

Adaptable people and culture are essential in enabling organizations to work towards a strategic vision that is itself constantly changing.

In order to capitalize on these changes to create business advantage, organizations must have the systems, processes and culture in place to facilitate transformation as and when it occurs. This could be small transformations like automating tasks for operational workers, or larger changes, such as adopting new technological policies like Bring Your Own Device - being driven by the new generation of employees.

Learn more about how to realize vision when facing these agility challenges in our white paper: Planning for Change.

Imerys

In order to stay ahead of, and take advantage of, rapidly changing industry trends, Imerys has recently upgraded its IFS business solution.

IFS Agility in Action

Planning for Change: Five Agility Challenges for Enterprise Software Investments

In a volatile business landscape, how can your company ensure your technology investments support your needs today, as well as in an unknown tomorrow?

Read our White paper

How IFS software helps organizations prepare for a changeable future

Modular from the ground up, IFS Applications is designed to make it easy to add new capabilities quickly. This means you can make deep, structural change as soon as your business strategy and market requires it, without pause or delay.

Read our White paper

Software and the future of business agility

Discover how flexible enterprise software can give you true business agility and let you thrive now and in the future.

Read our white paper

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