Without the right tools there is no scalability: how to accelerate business growth?
For businesses, growth is one of the main objectives. But, which digital tools are needed for business scalability?
Common knowledge claims that “practice makes perfect”, but even the most experienced master will have a hard time putting in practice all that they know and sharing it with others without the right tools.
In a business world guided by digital transformation, work tools have turned into an accelerator of a big part of growth plans.
Specially because team development and management have a close relationship with business scalability.
But, what kind of work or tech tools should be considered in team development?
What Is scalability?
By intuition and definition, scalability is the capacity to adapt to growing demands. This quickly takes us to think about business needs and growth plans.
By being a term borrowed from technology and digitization, for many experts, scalability is a special attention point for rapidly growing companies, because it’s related to the ability to improve performance and costs.
How is it related to growth and training?
With this in mind and thinking about how work teams work in a context defined by digitalization, rises an special connection to training.
Employee training is a sort of “insurance” in order for your plans to scale your business remain on the same page.
By ensuring that everybody is in sync, — with transparency in your business plans, as well as a fully prepared team at the level your operation requires — , your company can begin to see the expected scalability results.
Far from being a cliché, it is true that employees are your most valuable asset.
Investing in them does not only solve the costly challenges of staff turnover or client retention, but also impacts other basic growth aspects such as productivity, adaptability and, therefore, improves metrics like sales cycle and profit.
Translated to key figures:
- Having a highly committed team can produce up to 21% rentability increase.
- 7 out of 10 sales teams think that training is effective for business objectives.
- According to IBM, inside Best Performing Organizations 84% of employees are receiving the training they need compared with 16% in the worst performing companies.
Digital tools for your company’s growth
If you are convinced that by putting in motion a new stage of scalability in your business your teammates will be your best ally, the first step is creating a suitable training.
This doesn’t have to be expensive or complex.
International enterprises like HSBC, Citibank y Johnson Controls, and even educational organizations like Carleton University or government offices with more than 6,000 employees like Yukon Office have turned to a digital solution that simplifies training processes and team scalability.
Apprendo makes these possibilities approachable through digital tools of easy implementation and the simplicity of a social network.
Accelerate your business scalability with the right tools
Discover all the possibilities Apprendo offers your company to improve your team’s development, create better training strategies and allow your business to scale
Author: Alexandra Ortiz