Happy 2018! We’re excited about this New Year, knowing it’s so full of new ideas. As you examine all of the promise and possibilities this year holds, it seems like the perfect time to step back and think about your business. It’s always easy come into a new year and fall into the rut of doing the same things over and over again and not thinking about where you’re going strategically. That’s why we want you to take the opportunity to explore solutions to your organization’s biggest problems. It’s not for the faint of heart, but this blog will provide a road map you can follow to get there.
Start by setting goals and strategies for your business. As you complete these tasks, you’ll find common things that shake out of those exercises. With each universal discovery, you’ll also find where Quick Base can help operationalize and implement the plans beyond a piece of paper. Here are three examples:
- Implement a new process. Quick Base is great at developing a process and driving people to use and track that process. As an example, we worked with a large financial institution. After a goal setting strategy session with them, we figured out they needed to improve their processes around tracking. Consequently, they were able to improve their tracking by using Quick Base to monitor their inventory and calculate the value of financial models — something that could have never been accomplished using software off the shelf.
- Reporting. Nothing beats being in the know, and Quick Base is an excellent resource for capturing data points and giving real-time information. So, if you’re looking for new key reports to manage, you should turn to Quick Base. Here’s another personal example: we worked with an hourly consulting firm that realized they weren’t hitting their profitability goals. Their new strategy was to use real-time reports to track their employees’ time and utilization. What the reports revealed were distinct patterns for certain employees, empowering them to make some important staffing decisions. They ended up promoting the people who stayed utilized and removed those who weren’t, resulting in major cost savings.
- Collaboration. Quick Base helps you actively collaborate with clients so that everybody is on the same page. In essence, it lets you change the way you interact with customers. As proof, we offer another quick case study. We worked with a different financial services firm that wanted to collaborate with clients to decide if/how they were going to lend to them. We decided to help them build a portal where they could upload real time information, letting them interact with them toward a single objective. Plus, the client could check the status of their loans, creating a win-win for the lender and their clients. At the end of the day, Quick Base allowed them to create a new client experience built on active collaboration.
Use these three ideas in conjunction with Quick Base to help you achieve your business goals for 2018 and beyond. For more information on strategic management, check out our previous blog post on the subject. And, as always, if you have any questions, please feel free to ask us for help!