Why It’s Time to Throw Out the Term “Strategy” in 2017

Technology has redefined strategy. Strategy should no longer involve technology—rather, technology should bring the potential of strategy.

The term “buzzword” does not even do justice to the place “strategy” holds in businesses across the globe. In fact, strategy has become a term so sacred, so cherished, and so coddled by the masses that it cannot be dismissed in the conversation of any boardroom in America.

Even if what you’re saying is incredibly stupid, using the term “strategy” will redeem your image in the eyes of those who judge you so ruthlessly. But is strategy a term that is so deserving of this power?

In fact, the world’s most powerful tech company, Google, has taken a contrarian stance on the issue, claiming its strategy is to have no strategy whatsoever. What can be learned from this scenario, exactly?

Well, strategy, quite simply, is stupid. Things change far too quickly to ever justify the time it takes to come up with a strategy, and this is especially true in the world of small business. Even in industries like construction, services, and property management.

The success of any given “strategy” is its degree of adaptability and how readily it can be changed to fit the ever-adjusting contours of this complex, chaotic, and opaque world of business.

2017 Document Management Technologies Are More Important than Strategy

There is so much information and so little time for humans to process it that trying to form a strategy without technological intervention is like trying to beat a contemporary computer at its highest level of difficulty in a game of chess.

Even the super grand masters of our day will always lose to a computer at the highest level. Why? Because a human being can only absorb the circumstance of the board in one un-directed consciousness, whereas on every of the 64 pieces of the chess board, a computer has millions of transistors that can calculate and assess the best available moves.

The human being, no matter how skilled, practiced, or competent will be able to keep up. If we have historical evidence of this fact dating back to the 1997 chess match played between the at-the-time World Chess Champion, Garry Kasparov, and IBM’s super computer, Deep Blue, the gap has only widened in the past twenty years.

The consensus at the time was that nobody in history could’ve played a better game against the machine than Kasparov, yet he still lost.

Great, But How is This Example Transferable to the Business World?

It means the greatest strategist in the world cannot compete with what is now considered to be a mediocre computer.

You may be the greatest human resources strategist, or the greatest financial strategist, or the greatest operations strategist in the world, but the average Joe using the right technology in a business context is going to blow you clear out of the water.

He’s going to take your customers, steal market share, and put you out of business. If it sounds too brutal to be true, believe me, it isn’t.

Because the dollars in your wallet, as made up as they are, are now more about time and information than they are the Federal Reserve’s printing of them. And assuming technology is the backbone of information and time in today’s business climate, we can only draw one unassailable conclusion about its importance.

2017 Document Management Technologies Are the Only Thing Small Businesses Can Rely on To Shape Strategy

Large enterprises may be able to skim by with manpower when competing with smaller players in a market, but they will be challenged by small businesses who can use technology to shape their strategy.

Essentially, 2017 document management technologies for the small business is an equalizing force in the market that will ultimately have a positive effect on consumers and businesses alike: it improves the efficiency of internal processes, reduces the cost of making products, and strengthens competition to reduce prices in an array of industries.

Where do most companies hold their information? In files. Where do they place these files? In irretrievable places where the information remains largely un-leveraged.

Document management technologies don’t just solve this problem—they make it impossible for those using it to imagine what it’d be like to go back to the “old way” of doing things.

Although 2017 document management technologies are often confused with cloud storage, they are so much more. The metadata in eFileCabinet makes the technology work at the speed of thought, but without the human errors commonly associated with said thought.

eFileCabinet customers, for instance, are mostly owners of or members of a small business in the accounting, financial, manufacturing, services, technology, real estate, insurance, property management, or human resources industries. The rewards they reap? More closed deals, enhanced efficiency, simplified workflow, and a less stressful way of doing business.

2017 Document Management Technologies Role in the Future of Strategic Business

Instead of beginning with a problem and tackling it through discussion, Gartner has reputed to spread the belief that 2017 document management technologies will be as pervasive as email, but far more effective in forming strategy.

Therefore, document management will harness information in a way that equips its users to make informed business decisions that will help them outpace large competition and reduce their own overhead in the form of costs, and even preventative costs in the form of business protection and longevity.

eFileCabinet is not Dropbox, nor is it M-Files, nor is it Lacerte. It’s far more pervasive, intuitive, and readily available to challenge the document management challenges of our era—challenges that not only pique the failure of business but also the curiosity of those who strive to be better and survive.

Nobody knows the power of technology until they understand how to use it. Just avoid being that techno-phobic person and give it a try. Our online product is available for a free demo, and it can be used in its entirety for as little as $50 per month—a small price to pay for business continuity, security, and profitability.

By | 2017-05-09T15:58:43+00:00 February 14th, 2017|
Subscribe to the Blog That Solves Office Problems

Free Demo

Request a Demo

Discover eFileCabinet

Chat with us about your needs and we’ll create a free guided test drive just for you.

Demo Form Arrow