Emerge Stronger

The last 18 months have been challenging for most firms, yet recent data suggests that over 50% of the current Fortune 500 companies were actually founded in down economic periods.  In a nutshell, these firms innovated, found opportunity to do things a better way and forged new directions.  It is not enough to simply wait for things to generally improve – they won’t.  A lot of great material is being posted about “the new normal”.  Business conditions have profoundly changed and this is not simply a cycle.  There are great opportunities out there for companies to chart a new course and find better ways.  The first step in that process is to understand the current state (what is really going on).  We continue to see a number of companies that are failing to see the opportunity for cost reductions, reduced risk, capital preservation and greater employee benefits that can be realized through more effective mobility management programs.  These are not difficult to find, it simply requires initiative and someone to champion a change.  The results can be tremendous and it is great to see how many companies are embracing the new normal.

 

We are also seeing wonderful advances in technology which will help improve the reporting and substantiation processes.  These advances will have tremendous time savings for mobile employees and also ensure greater accuracy of information provided….all at your fingertips.  What steps have you seen or has your organization taken to emerge stronger?  

 

Greg Harper

President

Runzheimer International

 

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Comments

[Valerie Myer]

Your statements could not be more on target and are being proven all across the country. I recently travelled to Texas to examine mobility costs across a very large organization that was "certain" they had their mobile device costs under control. After some further review and benchmark analysis, we were able to help the client uncover hidden wireless costs that were in excess of $100,000 of what our benchmark data exposed. Because of "not knowing" and having the desire to Emerge Stronger from this economic slump, the client was able to reinvest and reaffirm their strategy for 2010.