Reggie, the Chief Revenue Officer of Incredibuild, is leading the global business expansion efforts amidst a period of economic uncertainty. The focus has shifted from spending money to save time or be more productive to the paradigm of “doing more with less.” Efficiency now translates sharply into dollars saved, emphasizing the difference between efficiency and reduced spending. Business leaders must find a way to do both effectively.
Transparency is crucial in times of turmoil. Addressing concerns and questions openly with team members about the company’s health and its impact on their positions is essential for preserving talent and setting a course for the future. Business leaders must be upfront about challenges, discuss root causes, brainstorm solutions with the team, and develop new metrics to adapt to the present situation.
In uncertain times, leaders must resist the temptation to completely overhaul processes and instead focus on fine-tuning what is already working. Team members can share existing assets to ease the burden and help the company refocus, leading to increased productivity with fewer resources and lower costs. By reusing build artifacts and sharing resources globally, teams can reduce repetitive tasks, shorten development cycles, and cut hardware and cloud resource costs.
Efficient deployment of teams, the use of sophisticated project management systems, and a focus on balancing speed with cost-effectiveness are crucial in boosting efficiency. Business leaders need to set clear ROI KPIs for each project and track delivery to keep themselves honest. Incorporating new infrastructure and methodology paradigms into processes moving forward will make them scalable, repeatable, and standard practice across all teams.
In conclusion, business leaders must be transparent with their team, examine current systems and infrastructure, identify areas for improvement, reduce unnecessary tasks and costs, and implement these changes throughout the organization. By doing so, they can continue to meet customer needs on time while reducing spending and enhancing employee satisfaction. The Forbes Business Council, a prominent organization for business owners and leaders, offers growth opportunities and networking for qualified individuals.
