Happy July 4th!
As we take time to reflect and celebrate the past; it's also time to look at the needs for the second half of 2015.
As the famed consultant Peter Drucker astutely said: “What is my business today versus what should it be in the future?”
If indeed your strategy has been successful to date, then the question becomes: How can the business model and its execution improve?
As the economy migrates to a more "Technology Enabled Economy”, the application of technology competencies will be the critical success factor for business. In fact, at Ephor we profess that your investment to become a technology enabled business will dictate whether you are a marketplace winner or loser.
Find a few of our strategies and principals of success outlined in the following Ephor Group reports:
- Healthcare IT and service providers that can bundle or unbundle their capabilities based on the customer needs are growing.
- The Business Process Outsourcing (BPO) value proposition is evolving from a once labor arbitrage-centric coupled with shared services economies of scale, to competency centric capabilities.
- The software development cycle, once stated in terms of years is now spoken of in terms of months and weeks, and also once dependent upon direct sales now relies on alternative distribution portfolio and multiple channel routes to market.
The application of technology, coupled with the costs and pace of competition, means that only the most effective business models will be able to cross the chasm and create wealth for the founders, employees, and shareholders.
As you plan for the second half of 2015, I urge you to “Declare war on mediocrity and all of its attributes. Win the war on mediocrity; and any economic, competitive and all exogenous factors become opportunities not barriers to success!”
Again Happy Holiday and We Wish You & Yours Only The Best!
The Ephor Group Team
P.S. Read more from Ephor Group online at:
http://www.ephorgroup.com/SolvingtheValueEquation.asp
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