The goal of any business is to inevitably turn a profit. As this venture pushes forward the link between profit and productivity becomes ever clearer.
This ever evolving landscape in the realm of technology has raised many interesting questions that business owners have to answer every day. None is more important, however, than when is it the right time to adopt new technology.No matter the timeline there is one inescapable fact – adopting new technology has several benefits for a business. However, rather importantly we might add, simply buying a fleet of new notebooks and investing in new software is not enough to bring about profits.
The study found that businesses that adopt advanced technologies are more productive than those that don’t. However, businesses that also invest in strategic training are even more productive than those who simply adopt the technology, but don’t invest in training.Research has shown that promoting wellness in the workplace optimises an employee’s potential for engagement at work. This highlights the importance of not only company culture, but consistent and regular training as well.
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