Why SMEs Need To Change

Why Change ?

Disruptions in technology, changes in market conditions, more flexible and agile product/service delivery models, and world’s economic trends are forcing businesses to either reinvent themselves to succeed or fade away.

Major considerations that usually revolve around any transformation process studies suggest, are that business owners are always sensitive to two key factors, Staying in business and Remaining profitable.

Nordic countries are reaping the benefits of new ways of working as has been seen in the television series screened during July 2015 on channel 4 about theLEGO group who challenge conventional business models and are transforming their business.


The Benefits of Business Transformation

Business transformation must add VALUE to the business and this is achieved by improving the longevity of the business. In the digital economy businesses must manage three key elements “people, process, and technology “ even more effectively. Business Transformation seeks to create improved capabilities for the business by aligning these elements with radically changed business visions and strategies, operational processes, working patterns and cultures, information and how it is used, to meet long term objectives i.e. the products or services that will make the business more competitive.

Competitiveness manifests itself through one or more improved capabilities:

  1. Enable the business to harness collaboration and higher levels of ownership to spur innovation, enhance growth, and drive dramatic improvements in productivity that increase revenues, reduce time to market and lead to better and faster development of products and services.
  2. Provide customers with radically improved products and service standards increasing their levels of satisfaction, loyalty and faith in the business.
  3. Reduce costs and improve processes, adapt faster, develop greater flexibility/agility resulting in a slimmer fitter business ready for up and coming opportunities and challenges both foreseen and unexpected.

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We are Social Business Technologies Consulting specialists in delivering Business Transformation services. Use SBT Consulting to develop and manage your transformation projects and we will design you a bespoke solution. We recently worked with a Local Government customer on a Special Educational Needs (SEN) reforms project providing business analysis and project management expertise. SBT Consulting can provide you with Certified Management Consultants that can help your business in the current disruptive business environment answering questions like: Why the business needs a consultant to do what you can be done in-house, help develop plans to manage and introduce changes to their business and competitive consultancy fees that are value for money ! We can help your business to Improve the bottom line (profits), Avoid the pain of change, Implement change successfully, Contribute to the social responsibility agenda, Create value that is hard to replicate by competitors, Ensure your money is being well spent and Generating more repeat or new customers.