If you ask many of today’s business executives, you’ll find that there’s a serious problem with legacy business models and hierarchical structures. They tend to be moribund and slow-moving, at a time when businesses are forced to change at lightning speed.
Traditional bureaucratic structures and organizational models have been around since the advent of industrialization. They’re based on fixed roles and rules, geared toward market stability and long-term budgeting and planning. They’re well-designed for environments that evolve slowly, over decades.
However, today’s business climate demands speed, agility and rapid innovation. For many businesses, the majority of their products did not even exist 5 years earlier. Yet legacy approaches and bureaucracy are often ineffective at cultivating these qualities. Instead, they tend to maintain the status quo.
What, might you ask, does this have to do with ID Cards?
ID card production is just one of a zillion business decisions that are made day-in and day-out by corporate executives. Today, each of those decisions needs to be made with the key objective of increasing, rather than reducing, the adaptability and the agility of the organization. Since ID card production can now be outsourced at a competitive cost, it is another example of how businesses can avoid the inflexibility of traditional in-house production.
New digitally-enabled companies that challenge the legacy models are dramatically outperforming traditional corporations. In fact, according to an Accenture study, they’re achieving more than double the market capitalization per employee of incumbent companies. They’re succeeding with fewer employees, leveraging flexible online, on-demand services. Every single company today needs to embrace this new paradigm, and determine which of these new-age services are appropriate to their business.
Why not consider employee badging as a starting point?