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In today’s world, it seems like there’s always a “next best thing” in technology. We’re inundated with new ideas, software, programs -- all claiming that they are the way of the future, solve your problems and that if you don’t get on board, your company will lag.
New technology can open a world of possibilities -- it can make things easier, faster, and allow for innovation. That said, you can have the best technology in the world and not get value out of it, while another company can have older technology, but utilize it properly and get significant value. Currently, there’s too much focus on technology and expecting it to deliver value on its own. The reality is that there’s much more to it. If you don’t break down company silos, establish well-designed processes interconnected through data, and manage that data across your organization, you are missing out on the value that can be unlocked. Breaking Down Silos. Breaking down silos across the business and IT, and within IT, is imperative to a business’ success. Often, there are silos across separately purchased applications, custom-developed applications, integration teams, data warehouse teams, analytic teams, and more. If your organization does not manage across these technology functions, this can lead to: ● A web of overly complicated, redundant, and/or interconnected technologies ● Inconsistent, conflicting, missing, and/ or low-quality data ● Inability to move fast with technology and/or challenges with creating data visibility to the business Businesses today are made up of people, processes, technology, and data, which are all interdependent. To be successful with technology, you must understand the fundamentals and how it affects your teams across the organization. Business leaders need to have these same understandings to break down silos, and functions must collaborate in the organization’s best interest. At Ardent Mills, the premier flour and ingredient company, we take a “people, process, and data” approach first, and then determine the technology required to enable it. This has naturally led to breaking down barriers, a more collaborative environment that spurs innovation, and ultimately helped the organization and our customers’ best interest. Establishing Well-Designed Processes For a business function to operate at its best, well-designed and interconnected processes must be established. When these aren’t set up, it leads to difficult to use data and inability to make advanced insights – both are critical to digital cross-functional collaboration.To be successful with technology, you must understand the fundamentals and how it affects your teams across the organization.
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