Implementing an all-in-one platform: 5 pitfalls to avoid to maximize your savings
Executive summary:
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.