The rat race is back on! The governments of the world are intent to get back up and running, so they are increasingly trying to implement regional lockdowns when needed, instead of national. In short, that means the global economy is open once again. So, in order to get back into the fray, first, you must be able to speed back up to where you were.
All your invoices, imports, purchases, sales, cash flow and employee challenges must be resolved quickly. The daily functions of your enterprise must be brought up to speed and made reliable and consistent once again!
These teams do as their name suggests, they innovate. However, they will usually consist of people that are from your company and those that are outside of the company. You want new thinking but also, a grounded background of what you’re capable of. The specialist innovation team is going to be made up of incredible thinkers, such as risk managers, research and development, market researchers, engineers, product designers, etc. The team must be encouraged to work in a dramatically different way. They have to set a timetable which will put them on the pathway to achieve a goal. But, once they can estimate delivery, they should be allowed to meet together upon their timeframe, experiment outside the business, be given their own space to test and evaluate, etc.
The Boost in Speed
Internet speed is critical in a business. It’s right up there in terms of reliability and functionality. Your system can only operate to it’s true potential if you have an excellent broadband internet service. They won’t have any hidden charges, no install charge, but they will help you with your cash flow. However, the main features will be fast, super-fast and ultra-fast. The download speeds will be between 75mbps to 400mbps, the upload will be from 15-20mbps. This boost in speed can work wonders for large teams that are operating from the same router. The need to upload and present pitches for sales teams, will be speeded up by this boost. You can also use cloud systems that have multiple software and firewalls, with ease.
Whenever there is a central power vortex, decisions tend to be made a lot slower. This is why great armies of the modern age, give their generals and sergeants more autonomy, as moving people, reacting to tasks as they arise and being able to funnel funds where they are most needed, is done much quicker. But, how do your decentralized leadership? You have to set out guidelines of what your managers and directors can and can’t do. Giving them more autonomous powers in finances, project management and communications, can speed up your business almost indefinitely.
Speeding up your internet can open a whole raft of doors. But not being power hungry, can speed up the little things that add up to a giant leap forward in progress and adaptation. Invest in innovation teams when you are frozen for ideas.