getty Managing your business in uncertain times is like beating the most difficult level of a video game. It makes you want to quit, yet at the same time, you can treat it like an opportunity to level up. When facing economic challenges, CEOs tend to cut costs. In fact, 52% of C-level executives have already started reducing their costs, and 19% of them decided to stop hiring new people. But wait—is cost-cutting the perfect solution for business growth? Not exactly. Making your company succeed in tough times requires two actions: reducing business expenses and investing in technological solutions that help you optimize and automate business processes. Business Cost-Optimization With The Four R’s Strategy IT infrastructure is an essential part of any business. And if managed well, an optimized infrastructure ensures cost savings that can be reinvested in business growth. A good rule of thumb is to start working on the infrastructure and operations optimization process, focusing on the 4 R’s. • Reduce: This step involves reviewing the number of facilities, services and charge options your company has to avoid extra spending. • Replace: Think of moving the entire IT infrastructure to the cloud since it provides flexibility and […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
