In order to survive a disruption, businesses must adapt on a continuous basis. It is necessary for businesses to change even if they currently dominate their respective markets in order to remain competitive. However, 75 percent of business transformation initiatives fail, primarily as a result of the lack of a systematic strategy by most organizations. We assist our customers in overcoming the odds against them.
Most CEOs rank company transformation as a high priority. And they are fully aware of the high failure rates of corporate transformation initiatives. Despite this knowledge, far too many CEOs depend on anecdotal information to enhance their chances of success.
It has never been simple to increase the efficiency and efficacy of operations. However, due to supply chain disruptions, trade volatility, shifts in consumer expectations, and the growth of digital operations, which have upended services and industrial processes, being an expert in operations management has become even more difficult in today’s environment. As a result of these changes, corporate executives across all industries are asking themselves, “What will the future of operations look like?” And how can we be successful in this new environment?”
LSS assists these leaders in taking a radically different approach—one that is based on actual knowledge of what really leads to a successful transformation. Most importantly, an LSS study of hundreds of conversions indicates that beginning the transformation process preemptively—when everything seems to be in order—provides more long-term benefit than changing reactively.
Key Drivers of Change
Growing your business requires a solid foundation, which is determined by the four factors listed below. When addressing these, your team must develop a structured plan for growing these pillars, as any deviation from the plan may result in an unfavorable outcome.
Technology is like nootropics for your company's development. It may help you complete work more quickly, save money on labor, and simplify procedures. The difficulty comes from determining which technological solutions are most suited to your particular company objectives. Alignment with the different aspects of your company plan is critical. When selecting technology partners, consider ROI from a variety of perspectives.
When business executives plan for sales expansion, they often concentrate on how to attract new consumers. While increasing brand recognition and expanding your client base are essential, you must also strive to improve sales potential with your existing consumers. Look for ways to increase your earnings with existing consumers, such as add-on sales, customer loyalty programs, and referral business.
Growth begins well under the surface. Your workers' desire to assist you to achieve your objectives is determined by how they view you and your company's mission. As a leader, you must pave the path for everyone to succeed.
Business growth does not happen in isolation. All of your workers must have a consistent foundation of knowledge from which to develop their own growth. This necessitates the use of an online training platform that can satisfy your requirements now while also growing with you in the future. By teaching online, you can guarantee uniform information transfer to all employees while also customizing learning approach for each individual.
SOLUTIONS THAT WORKED
Imagine automating all of your social media outreach and only collecting Leads in your database. That is exactly what our innovative LinkedIn automation system works for you. LSS has a proven track record in creating new technologies and services for its clients. Using technology to expand outreach to potential clients and automate initial communication.
“Through extensive market research and automation, we are able to achieve fast growth.”
LINKEDIN AUTOMATED OUTREACH
It is vital for any business to generate new leads at all times, but in some industries, there are specific channels through which you can target customers who are consistently active. There was a significant decrease in demand for rental vehicles during Covid-19; however, other factors contributed to a significant increase in demand for used cars. This meant fewer opportunities for rental brokers and carriers, while the dealership revenue segment saw an increase in opportunities.
Several LSS clients have been in this situation, where their core rental business has been paralyzed and they are looking for alternative revenue streams.
According to our team of consultants, the most active social media dealership groups on the internet were discovered through a market analysis, which revealed them to be Linkedin. As a result, a custom automation tool was developed that allowed for the identification and automated outreach of specific clients while also allowing for the customization of messages.
The client was able to establish long-term relationships with a new customer segment by using this tool. This resulted in repeat business as well as a better understanding of the market and its activities.