Implementing an all-in-one platform: 5 pitfalls to avoid to maximize your savings
Choosing an all-in-one platform is a strategic move that leads to better outcomes and efficiency. It helps executives maximize savings and reduce the cost risks of redundancies, among other benefits.
However, implementing an all-in-one platform is complex with hidden challenges. These are not just stumbling blocks but critical pitfalls that executives need to recognize and sidestep.
The top five pitfalls that often ensnare executives are:
- Excluding diverse feedback: by including only peers’ and not teams’ feedback in your strategy implementation, you jeopardize the alignment of the platform with your organizational objectives.
- Prioritizing cost over efficiency: while selecting the least expensive platform might seem like a cost-saving move upfront, hidden expenses often surface later—manifesting as lost productivity, costly workarounds, or even the need to replace the platform down the line.
- Limited testing: insufficient testing can lead to unforeseen challenges, inefficient workflows, and team frustration. These setbacks can create a domino effect, hampering productivity across the entire organization.
- Neglecting change adoption: failing to make sure your company gets properly trained to adopt your all-in-one platform can amplify mistakes, escalate employee dissatisfaction, and even drive up turnover rates.
- Underestimating data security: negligence in this area can lead to negative outcomes, such as data breaches or compliance violations, which can result in reputational damage, financial losses, and legal liabilities.
Then, to sidestep these obstacles:
- Seamlessly gather insights from your team, regardless of your company size.
- Scrutinize your options with a focus on efficiency and quality, not on cost.
- Ensure that every team rigorously tests the platform for streamlined workflow and easier digital adoption.
- Invest time in thorough research before committing any new all-in-one platform.
- Ask the right questions and more importantly, ask for team feedback.
Implementing an all-in-one platform is a complex thing to do, especially on a large scale. Undeniably, it has its perks.
For instance, companies with all-in-one platforms can reach considerable business outcomes and maximize savings. Despite these advantages, the journey isn't always smooth sailing.
Hidden as seemingly beneficial practices, certain pitfalls can undermine your performance and outcomes.
It's crucial for CEOs and executives not only to identify these deceptive practices but also to learn strategies for sidestepping them.
In this article, we will introduce five of these practices, and their possible effect on a company’s structure and processes, if applied.
Why is implementing an all-in-one platform crucial?
We already have an entire post dedicated to the benefit of implementing an all-in-one platform. Understand that today, embracing digital adoption is no longer optional—it's imperative.
Besides the fact that many top executives around the world have begun implementing these strategies since late 2021, you also need to understand why you should join in.
Therefore, here is a list showing the reasons you absolutely cannot skip this digital adoption, regardless of the challenges:
- It is a decision that leads to better outcomes and efficiency.
- It helps executives maximize savings and reduces risks.
- It facilitates cross-team collaboration, which eventually boosts team feedback and engagement in the company.
- It improves asynchronous work and saves time.
- It prevents other unnecessary costs in the business.
All-in-one platforms also provide additional benefits, but you can explore them in greater detail in our comprehensive article referenced above.
Understanding the significance of the platform is just the beginning. Now, let's delve into the hidden challenges you may encounter as an executive during your all-in-one platform implementation journey.
5 pitfalls to avoid when implementing an all-in-one platform
Sailing smoothly today doesn't guarantee calm waters tomorrow. But sometimes, even a minor oversight can snowball into a major setback down the line.
Seasoned C-level executives have navigated these treacherous waters before, offering invaluable insights to help you steer clear of similar pitfalls. While there are many other challenges, here are the five most common ones with the toughest consequences:
1. Excluding diverse feedback
In a large company, managing hundreds or even thousands of employees can be a challenging task—yet, here's the game-changer.
Neglecting input from employees across various levels and departments is a critical mistake when implementing an all-in-one platform. While it may be tempting to consult only senior leadership, remember that a diverse range of employees will be using the platform you choose.
By limiting input to top-tier management, you risk missing valuable insights that could have broadened your perspective on various aspects.
When you fail to incorporate team feedback into your strategy adoption, you risk getting reduced buy-in, potential resistance, and a platform that doesn't align with the actual needs of the organization.
So what should you do instead?
Learn to collect feedback easily from your team, regardless of your company size. If you are unsure where to begin, research digital templates that you can adopt for a faster and easier team feedback process. Fortunately, there are over 30 different forms of these templates on the Klaxoon visual platform, ready for use.
2. Prioritizing cost over efficiency
Investopedia once published a survey about which is better for companies: to reduce costs or to increase revenue.
Guess what won? Quality and efficiency.
It's understandable that executives want to cut costs in certain areas, so they look for the cheapest, or rather, ‘the most cost-effective’ method to achieve their goals.
Choosing the least expensive platform without evaluating its effectiveness and alignment with your unique business requirements can result in operational inefficiencies.
It may save money initially, but hidden costs can emerge in the form of lost productivity, costly workarounds, or even the need to replace the whole platform down the line.
What you should do instead is to scrutinize your options, and decide based on efficiency and quality. Ask yourself these questions:
- Will this tool help my company achieve its objectives?
- How secure is the implementation of this solution?
- What do the trusted reviewers have to say about this tool?
- Can my team integrate it seamlessly into their workflow?
- Does the solution offer seamless scalability and interoperability?
3. Carrying out a limited testing phase
Another pitfall is deploying the platform only in a few teams for testing. The common reason this happens is to save costs. Most executives aim to maximize savings by deploying the platform in a few isolated teams for testing.
In one sentence, it’s a risky attempt.
You might think you’re saving time and money, but in the bigger picture, you’re putting your chosen strategies through inadequate testing.
Inadequate testing can lead to unanticipated issues, inefficient workflows, and team frustration. Further, the negative impact can ripple across the organization and slow down processes. Also, it could erode confidence in the new system, which is even more destructive.
Then, what is the smarter approach?
Prioritize quality and efficiency—these investments yield long-term dividends. Rather than rushing the evaluation by involving only a select few teams, make sure the platform undergoes comprehensive testing. Of course, you can progressively implement the platform in one team after the other, but ensure that in the end, everyone adequately tests the platform for smoother workflow and easier digital adoption.
4. Neglecting change management
Interestingly, small businesses may not encounter this issue as frequently as their larger counterparts, primarily because they have fewer employees to manage.
In a large company, executives face the daunting task of making quick, impactful decisions while overseeing a diverse workforce spread across multiple departments. Indeed, we’ve addressed the need to ask for team feedback before incorporating a tool, but another pitfall is taking on the tool that’s been agreed on without effective change management.
You must ensure that every staff in your company completes the process of preparing, training, and equipping for a successful adoption of the change within your organization.
Overlooking, underestimating, or failing to invest in comprehensive change management strategies can be detrimental.
A relatively minor error can have far-reaching consequences, such as:
- Team resistance leading to disruption of established routines.
- Reduced productivity and delayed task returns.
- Increased errors and employee frustration.
- Increased employee turnover which ultimately leads to more labor costs, strained business, etc.
So, what's the answer? The key lies in seamless team communication.
It’s highly crucial that you develop and implement a change management strategy that will help all your employees get on board with the latest development, much more smoothly and with minimal disruptions.
5. Underestimating data security
The final pitfall happens mostly in the heat of the moment when executives are in a hurry to finally implement the platform, although data security should be one of the top priorities that will guide your choice when selecting the right all-in-one platform for your company.
Neglecting data security protocols can have disastrous consequences, such as data and compliance breaches, exposing your company to reputational risk, financial setbacks and legal repercussions.
So, what's the best course of action?
You might have cross-checked the platform as stated in the second pitfall above. Nonetheless, it is paramount that executives employ a team of experts to check the all-in-one platform for any security hiccups.
In general, when you avoid all these pitfalls, you guarantee yourself, your company, and your staff a smoother implementation of your all-in-one platform. You’ll also be moving toward improved team collaboration, increased efficiency, and better overall results.
But before we wrap this up, you must know that avoiding these pitfalls does not mean the job is fully done. There are still some challenges that you’ll come across on the way.
However, these challenges don’t mean your chosen platform isn’t working well. It only means that you’re facing some challenges that need to be addressed through continuous adjustment, monitoring, and evaluation.
What other challenges may you encounter?
The following are some difficulties you could face during digital adoption alongside tips on how to overcome those challenges.
You might have done the needful to implement robust change management. But that doesn’t mean all your staff would be fully engaged to join you on this new journey. People operate at different speeds and so do your employees.
Again, if you have avoided the pitfall and you’re still facing this difficulty, there’s no cause for alarm. You only need to help your employees better understand the need for this adoption. With some of Klaxoon’s visual platform tools, you should be able to overcome this challenge rather easily.
Another challenge could arise when there’s a delay in the benefits mentioned above. Executives often anticipate immediate ROIs, especially regarding the maximization of savings.
But the truth is that results never come in at once. Opting to jump into another boat or to stop the process will be a big mistake, so it’s better to have patience and continue tracking the results.
Nonetheless, you also need to ensure that the delay is not happening for a different reason. There are always signs that show your digital transformation strategy is going well, so use these signs as a guide.
Finally, the common characteristic of all-in-one platforms can also become an obstacle in itself. It takes a long time to implement an all-in-one platform and for many companies, the journey never ends.
But, if it also takes very long to see the results, doesn't that mean testing becomes a challenge?
It is important for you to test every platform before you adopt it fully into your business strategy. But at the same time, the results could take months or even a year before it becomes visible.
So, does that mean you have to sacrifice all these months while testing different all-in-one platforms?
The answer is no. Time is money and it is essential for executives to master the art of saving time in a business.
That's why it is recommended that you get it right from the onset. Take your time to research adequately before adopting any new all-in-one platform. Ask the right questions and more importantly, ask for team feedback.
When you do this, you'll be able to save time, and costs, and also overcome this obstacle.
Among the many all-in-one platforms for team collaboration and savings maximization, feel free to take a look at Klaxoon Visual Platform. With many reviews, testimonials, and digitally innovative features, this tool stands as one of the best collaborative all-in-one platforms to help you work seamlessly and efficiently.