When it comes to business growth, there are a lot of things that can get in the way. In order to thrive in today’s competitive environment, an organisation needs to be agile and innovative, operate efficiently and make better decisions than its competitors.
There are four key barriers that get in the way of firms achieving meaningful business growth:
- People work in departmental or geographical silos
- People can’t find the information they need quickly and easily
- People can’t communicate effectively with other parts of the value chain
- People don’t have access to the right resources to meet customers’ needs and expectations
In an organisation where people work in silos it often leads to poor communication and information being fragmented, with customer needs not being met as a result.