Much like the evolution of systems design, IT-enabled process change ebbs and flows over time. We see this in history as each technology revolution brings with it a refactoring of business operations.
With the rise of client/server computing in the 1980s, and the introduction of database servers and visual development tools like PowerBuilder, “business process re-engineering” became all the craze during the 1990s.
By 1993, 60 percent of the Fortune 500 developed IT systems to automate mundane tasks like insurance claims processing or AP invoice/purchase order reconciliation, channeling the mandate of technology-led business transformation in Michael Hammer’s infamous 1990 HBR article, “Don’t Automate, Obliterate.”
Twenty-odd years later, we’re about to see another “flow” of transformation thanks to resurgent interest in artificial intelligence and the emergence of the AI-powered business application. What’s different this time around is the transformation will be driven bottom up by rank-and-file employees, making it potentially more disruptive than any “flow” of process change that came before. What are AI-powered apps, and what do they have to do with business process re-engineering?
As a business owner, you know one of the keys to keeping employees productive is ensuring they aren’t wasting time. Time tracking and management software prevents wasted time, cuts down on projects slipping through the cracks and helps make sure deadlines are being met. Many of the software options include features that help track and coordinate projects, monitor employee hours and manage sick leave, vacation time, overtime and holidays. Time tracking software can also track other activities, such as presentations and meetings. In addition, some packages can produce invoices and integrate with accounting software.
Our sister site, TopTenREVIEWS, does extensive in-depth reviews of time tracking and management software. Here are the Top 3 recommendations for time tracking and management software:
Many small business owners and entrepreneurs pride themselves on being able to wear several different hats and juggle many different balls at the same time. But is this really something to brag about?
Identifying the Signs
As the leader of your organization, it may not be wise to spend your time micromanaging all the details that go into running your business. Your time could likely be better spent on big-picture strategy such as casting vision and direction for the company. Here are five signs that you need to hire an assistant so you can spend more time on tasks that add value to your business:
Read the Signs.