It’s no secret that the future of business is global. When directors and C-level executives were asked to identify the most important factor in meeting the needs of their employees in the future, 65% said global connectivity. Research by Ricoh, A new perspective: Ricoh Document Governance Index, found interesting trends in the way businesses are coping with the challenges of the future.
The larger the business, the more important global connectivity became, with the ability to share that information in a global, mobile and collaborative way, also topping of the agenda.
When asked, 91% of business leaders said that increasing amounts of data was the biggest factor impacting the way they manage business-critical processes. So the greatest challenge ahead for businesses will be managing these volumes of data in the most effective way.
Are European businesses managing this? The research says no, with 82% of employees and managers saying the way they worked was out of date, and that this prevented them from being as effective as they could be. This figure rises to 89% in larger businesses.
If the greatest challenge ahead is global connectivity, then business leaders would be well advised to address this now, and look carefully at streamlining their processes soon.