Understanding the external forces which impact your business is much more difficult than staying in touch with internal trends. To stay in touch with the industry trends requires discipline and time and may or may not directly impact the bottom line. To stick your head in the sand and ignore the trends will have your staff busy and diligent while using the expensive enterprise software even as your company is headed down a dead-end.
Assembling your management team once a quarter to review industry trends and asking the serious questions will keep your team up to date.
Here are the best six questions to ask in regards to your industry:
- What is taking place in your industry that may help you?
- What is taking place in your industry that may hurt you?
- What new technologies are being created that might impact you?
- How will the future of your industry be different?
Each answer will have data attached and will become a catalyst for better discussions vs a scenario where blame is passed person to person.
The enterprise software solution will keep a team busy but understanding and adapting to industry trends is essential to success.
These questions are but a few in the Complete Enterprise (ERP) Self Assessment which includes over 300 questions. You can download the complete ERP self assessment here: