5 Ways Technology is Transforming Business 

With the constant development and progress of technology, it’s no surprise that business is evolving alongside it. The way we do things now is so different from the way we did things 20 years ago. 

Indeed, the one thing we can rely on when it comes to technology is that change, and progress is constant – it’s all about embracing what’s new and making it work. Business has a lot to gain from technological advancements, and these are 5 of the most significant ways in which technology is changing business. 

1. Communication and Sharing Information

One of the most significant influences that technology has had on business is enabling communication on a far larger scale than before. Indeed, this has changed the face of business and the ways in which companies can operate. Extended communication has allowed for the democratisation of information like never before, encouraging the sharing of intelligence and innovation and pushing for collaboration that would never have been possible in the past. 

2. Remote working

Different jobs and industries have varying requirements when it comes to being in office or having the ability to work remotely. However, one thing’s for certain and that is that technology has allowed remote working to become far more common and effective. 

Indeed, with efficient means of communication and the fact that most people have internet access at home, in restaurants and all over, the idea of a traditional office or workspace has changed drastically. The possibility of working remotely can increase productivity and be an overall positive for employee health and happiness too. 

3. Boosted Efficiency and Productivity 

To put it simply, technology just makes things easier and quicker. Things that used to take forever can now be done in an instant with no more than a click of a button. Increased productivity is a win for business in general, because time is money. If you can afford to spend less time on something while still producing the same – if not better – results, your business is sure to be more successful and profitable in the long run. 

4. Cloud-Based Data

Moving away from paper-based records to having almost everything on the cloud has changed the face of business in a plethora of different ways. Not only are physical records risky in terms of potential damage, but they also take up space which costs money, and the organisation of such records is time consuming, difficult and involves more risk. 

These days, having most of your data on the cloud means that it’s safer, in some ways, and easily accessible from anywhere at any time. Of course, cybersecurity risks are always a concern, but overall, using the cloud is a massive advantage for business. 

5. Improved Access to Information

With the way in which technology has progressed, anyone – or those with permission, at least – can access information and data from anywhere at any time. Whether that’s information specific to the business or by means of the internet where you can also easily find everything from new shoes to an online casino sign up bonus, this opens up so many doors and allows for endless possibilities going forward. 

One of the most challenging parts of being a manager is maintaining productivity among team members. According to the Interim VP of engineering, Trevor Harwell, it’s becoming even harder and harder to increase the overall team performance. Harwell, who has always been fascinated by technology for many years, believes that technology could be the solution managers need to ramp up productivity in the workplace. By simplifying simple tasks, improving communication, and automating repetitive tasks, managers can help their teams work more efficiently. Here are the five ways by Trevor Harwell managers can use technology to increase productivity.

1. Use engagement software to get teams involved

An efficient employee engagement software provides you with an outlet to recognize employees that go above and beyond. As a manager, you want to ensure that your employees enjoy working with you by appreciating their efforts, training, and giving positive feedback. Trevor Harwell recommends investing in software that allows your coworkers to work together, encourage one another and even appreciate their colleagues for helping them with specific projects. This helps promote a more robust culture of coloration and teamwork, which motivates employees to give their best.

2. Bring employees together through efficient communication systems

Effective communication is crucial for team productivity, yet many companies don’t see the need to create reliable communication systems for their teams, says Trevor Harwell. They end up dealing with significant losses due to poor or lack of communication. With so many technological solutions available for communication, managers can improve communication among their teams. Some reliable communication software includes Slack, Flock, Chanty, Zoom Treat, and Tribe.

3. Organize workflows with the cloud-based project of task management software

Working with computers means constantly dealing with computers breaking down important files, losing important documents, late submissions, and low internet speeds. All these can be detrimental to your company’s productivity. That’s why Trevor Harwell suggests using project management tools and saving all your projects in the clouds, which makes it easy to access the same documents using different devices. That means if a computer breaks down, nothing stops.

4. Track productivity with reliable time tracking tools

If you can’t measure your productivity, it’s impossible to improve it. To help increase performance and productivity in your workplace, Trevor Harwell recommends learning your work clock and creating a realistic plan. He suggests identifying the common distractions among employees to determine productive hours and using time tracking tools to improve efficiency and productivity. He also advises addressing all employees’ problems, including their mental health, leave days, work-life balance, remote working, and work breaks to ensure they are comfortable at work.

5. Declutter your digital workplace

Proper planning and organization plays a significant role in productivity. When you and your employees work with a well-developed plan, you can complete projects on time and efficiently—clutter and, on the other hand, limit the ability to focus. According to Harwell, the best way to declutter your digital space is to break down your projects into smaller bits and award every employee with a specific task. You can do this by creating a structured spreadsheet with employee names and tasks. This makes it easy to follow up and know which tasks are complete and which ones need more effort.