What Insights Can Businesses Continue to Carry Into 2022?
Posted May 20, 2022 in Articles
Each year, we publish several articles with practical advice for business owners and entrepreneurs. Last year was no exception. While 2020 was dominated by issues related to the COVID-19 pandemic, in 2021 we were able to start focusing on the future once again. Here is a look back at some of our top Insights that we believe businesses should carry with them through 2022 and beyond.
Does Your Company Need to Become More Agile?
Agility means enhanced efficiency, and more efficiency means more profitability. So, could your company become more agile? In this Insight we discussed a Harvard Business Review (HBR) article that examined corporate agility in three key areas: (i) finance, (ii) funding, and (ii) information technology. We shared our thoughts on what it means for a company to be agile, and we provided some tips for company leaders who are interested in reevaluating their business operations with agility in mind.
Learn more: Does Your Company Need to Become More Agile?
What Does it Mean to Engage in “Strategic” Procurement?
In this Insight we discussed another HBR article—this time examining the concept of “strategic” procurement. The article focused primarily on digital solutions for streamlining the procurement process, and many of the technologies underlying those digital solutions remain valuable to businesses today.
Learn more: What Does it Mean to Engage in “Strategic” Procurement?
7 Technology Trends Shaping 2021
In 2021, our annual “Technology Trends” article focused on trends in artificial intelligence (AI), location independence and “zero trust” cybersecurity—among other areas. All of these areas remain highly relevant in 2022 and are likely to remain relevant for the foreseeable future.
Learn more: 7 Technology Trends Shaping 2021
Should Your Company Have Its Employees Come Back to Work?
Early in the pandemic, many experts were saying that the corporate office was a thing of the past. While this prediction has largely proven to be misguided, many companies are seeing lasting value in maintaining a larger remote workforce. While most companies have already made the decision about whether to have their employees come back to work, the general principles we discussed in this Insight regarding remote workforces remain highly relevant as well.
Learn more: Should Your Company Have Its Employees Come Back to Work?
How Should Your Company Respond to a Down Market?
Companies will always experience ups and downs caused by factors beyond their control. It is how companies respond that determines their ultimate success or failure. We learned a lot of lessons in 2020 and 2021 that companies can leverage to overcome hurdles in 2022 and beyond.
Learn more: How Should Your Company Respond to a Down Market?
Contact Mithras Investments
Mithras Investments is a global consulting firm that helps business owners and executives make strategic and data-driven decisions. If you would like to know more about how we can help your business, we encourage you to call 305-517-7911 or contact us online to arrange a confidential consultation.