flevyblog

Flevy Blog is an online business magazine covering Business Strategies, Business Theories, & Business Stories.
MANAGEMENT & LEADERSHIP STRATEGY, MARKETING, SALES OPERATIONS & SUPPLY CHAIN ORGANIZATION & CHANGE IT/MIS Other

4 Best Practices for Upgrading Business Tech

Editor's Note: Take a look at our featured best practice, IT Strategy (30-slide PowerPoint presentation). The key drivers of Information Technology (IT) or Management Information Systems (MIS) value are an organization's IT mindset and its ability to execute. Today’s best practices show that IT value can be maximized when enterprise IT investments are aligned with business goals and IT execution is [read more]

* * * *

Most modern businesses now incorporate advanced technology within their systems to improve operational efficiency. These tools also help them interact with their target customers by sending them personalized promotional messages that target their pain points. Furthermore, they can instantly boost their online presence, allowing potential stakeholders to invest in expansion.

Since entrepreneurs need to ensure that all automated business processes are working, they have to assess the performance of their existing tools. As they go through the tech evaluation, they might find that some devices aren’t responding anymore, or others may result in low productivity. Once they discover these issues, they might consider upgrading them by replacing them or updating the software version.

This article provides four best practices for leveling up your organizational technology.

1. Establish a Strategic Plan

Before implementing tech and system upgrades, you should first identify which processes need it. You must determine who you can trust to make the necessary upgrades, why those systems require enhancement, and when you plan to launch these upgrades. Also, you must identify what procedures you’ll use to upgrade these systems, including the estimated expenses of this project.

Another essential thing you must consider in developing a strategic plan is assessing the risks of this upgrade initiative if they fail. In addition, you should measure how your employees and clients will respond to these changes so you can find ways to help them. After outlining a well-defined strategy, you can figure out how to alleviate risks before they can impact the activity and the entire organizational process.

2. Invest in Cybersecurity

With the wide usage of modern technology, organizations become vulnerable to cyber threats. Since issues like worms, viruses, and ransomware can reduce a company’s profit, organizational leaders must secure their technology. Doing so ensures that confidential business information becomes restricted from cyber criminals and suspicious outsiders.

IT support St. Louis and those IT companies in your local area can provide entrepreneurs with cybersecurity protection, so businesses can effectively protect their sensitive data from attacks. Moreover, you can instantly monitor the productivity of your in-house and remote employees as they use your company tech and prevent an internal breach or data theft. As a result, by implementing these measures, your organization can follow regulatory compliance, eliminate violations, and reduce operational downtime.

For instance, if you require your online customers to input their confidential data on your platform, you should add two-factor authentication. In addition, you must encrypt your business information and equip your device with antivirus software to prevent third-party infiltration. Furthermore, you must conduct background checks on each user and software that will connect with your system to eliminate threats.

3. Create a Modern Website

A company’s professional website helps businesses deliver their brand messages to their ideal audience. Since most of your customers will rely on the trustworthiness of your products and services, your website needs to present a positive image to your visitors. For this reason, prioritizing your website should be one of your primary objectives in upgrading business tech.

If your company doesn’t have a website yet, you should consider outsourcing a website developer who can help you with its design to make it appealing. Alternatively, if you already have one, you must modernize this channel by enabling it with the most advanced features to encourage your visitors to continue browsing. Then, you need to conduct an in-depth analysis of recent website trends annually to ensure that you’re taking advantage of all valuable features.

4. Replace Outdated Equipment

If most of the computers inside your business establishment are old, you must consider replacing them with new ones. These computers need upgrading because most can’t keep up with the latest operating system (OS) updates. If you continue to use them, chances are they can’t accommodate updated websites and software, which reduces employee productivity.

Another essential piece of equipment you must consider upgrading is the telephone machines. Since this device is the lifeline of your existing clients and suppliers, changing them will help reduce negative feedback to your customer service. With an automated phone system, you’ll enable advanced artificial intelligence (AI) to answer your clients’ calls and forward them to your virtual receptionist.

Another important way to modernize business tech is by eliminating the need to use high-end copiers and printers. This strategy allows you to transform from a paper-reliant organization to a paperless system, contributing to environmentally-friendly initiatives. Once you do so, you can also help your employees effortlessly share sensitive documents through the cloud while your company saves from unnecessary printing costs. 

Key Takeaway

As a modern entrepreneur, you must respond to the ever-increasing requirement to protect and update your tech. You should consider following these four practices in upgrading your company’s technology. As a result, your staff won’t have to wait for their computers to work, and they can ensure that they meet their daily deadlines, which improves business productivity.

261-slide PowerPoint presentation
Unlock Success with the Complete Chief Information Officer (CIO) Business Toolkit Introduction In the rapidly evolving landscape of modern business, the role of a Chief Information Officer (CIO) has never been more critical. As the driving force behind a company's digital [read more]

Do You Want to Implement Business Best Practices?

You can download in-depth presentations on MIS and 100s of management topics from the FlevyPro Library. FlevyPro is trusted and utilized by 1000s of management consultants and corporate executives.

For even more best practices available on Flevy, have a look at our top 100 lists:

These best practices are of the same as those leveraged by top-tier management consulting firms, like McKinsey, BCG, Bain, and Accenture. Improve the growth and efficiency of your organization by utilizing these best practice frameworks, templates, and tools. Most were developed by seasoned executives and consultants with over 20+ years of experience.

Readers of This Article Are Interested in These Resources


170-slide PowerPoint presentation
This presentation is a collection of PowerPoint diagrams and templates used to convey 30 different IT-related frameworks, models, standards and methodologies. (Please note that these are diagrams and charts that are to be used in your own business or classroom presentations. These are not [read more]


 
41-slide PowerPoint presentation
 
 
21-slide PowerPoint presentation

About Shane Avron

Shane Avron is a freelance writer, specializing in business, general management, enterprise software, and digital technologies. In addition to Flevy, Shane's articles have appeared in Huffington Post, Forbes Magazine, among other business journals.




Complimentary Business Training Guides


Many companies develop robust strategies, but struggle with operationalizing their strategies into implementable steps. This presentation from flevy introduces 12 powerful business frameworks spanning both Strategy Development and Strategy Execution. [Learn more]

  This 48-page whitepaper, authored by consultancy Envisioning, provides the frameworks, tools, and insights needed to manage serious Change—under the backdrop of the business lifecycle. These lifecycle stages are each marked by distinct attributes, challenges, and behaviors. [Learn more]

We've developed a very comprehensive collection of Strategy & Transformation PowerPoint templates for you to use in your own business presentations, spanning topics from Growth Strategy to Brand Development to Innovation to Customer Experience to Strategic Management. [Learn more]

  We have compiled a collection of 10 Lean Six Sigma templates (Excel) and Operational Excellence guides (PowerPoint) by a multitude of LSS experts. These tools cover topics including 8 Disciplines (8D), 5 Why's, 7 Wastes, Value Stream Mapping (VSM), and DMAIC. [Learn more]
Recent Articles by Corporate Function

  

  

  

  

  


The Flevy Business Blog (https://flevy.com/blog) is a leading source of information on business strategies, business theories, and business stories. Most of our articles are authored by management consultants and industry executives with over 20 years of experience.

Flevy (https://flevy.com) is the marketplace for business best practices, such as management frameworks, presentation templates, and financial models. Our best practice documents are of the same caliber as those produced by top-tier consulting firms (like McKinsey, Bain, Accenture, BCG, and Deloitte) and used by Fortune 100 organizations. Learn more about Flevy here.


Connect with Flevy:

     
  


About Flevy.com   /   Terms   /   Privacy Policy
© . Flevy LLC. All Rights Reserved.