4 minute read
Cost-saving tech that enables businesses to meet ESG targets.
from TBtech July Edition
by Launched
However, while the pandemic saw a rocket in popularity for platforms such as Zoom, no alternative has been offered for strategy. We can meet online, we can collaborate remotely, but how do we facilitate better decision-making, capture inputs and track the outcomes of these meetings? With an emphasis on remote working yet increased collaboration, advances are needed to enable teams to work remotely, together, across continents and timezones, both for person-hour saving and reducing our carbon footprint.
In today’s interconnected business world, teams need to work together in real-time, share ideas, and iterate quickly. Powerpoint and Excel typically require manual sharing of files, leading to version control issues and delays in communication. Furthermore, strategy development requires integrating data from various sources and analyzing it holistically. With single-purpose tools, data often remains siloed, making it challenging to get a comprehensive view of the business and industry trends. This can lead to incomplete or inaccurate insights, potentially resulting in suboptimal strategic decisions. Another limitation is they do not adapt well to changing strategic priorities or evolving business needs. Making significant modifications or restructuring a presentation or spreadsheet can be time-consuming and error-prone.
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Strategy Platforms For Business
When a team in the UK confers with their Asian counterparts, time zones are crossed and notes are taken, but storing the outcome of the discussion all in one place can be time consuming, inaccurate and laborious, and the risk of losing or burying a crucial piece of input is high.
If only there were a platform where teams could strategise together, spanning time zones and continents, which allows for the recording of individual team member’s input, and enables everyone to work cohesively on the same strategy.. A step up from sharing documents, and adding to calendar, what would change our tomorrow would be a business innovation that allowed companies to do this.
One of today’s most exciting technology innovations, NMBLR, does just that.
NMBLR is a first-to-market collaborative strategy platform which works to enable teams to work together across geographical locations and time zones. We can all appreciate that cross-functional collaboration ensures that not all ideas originate from the very few, thus teams using NMBLR can be confident that everyone involved can participate in the creation of new ideas, which improves engagement on all fronts. And there’s no need to travel!
ESG Targets are a huge part of any business framework, and the ability to work in a refined and progressive way and actually reduce a company’s carbon footprint is immeasurable. Not only does NMBLR reduce the need to travel, it removes the waste of post-its, flip-charts and notetaking as all updates and actions are recorded chronologically and assigned to their members. When we look at ESG we must look at the whole picture, what we need is a removal of paper waste, the electricity that powers the printers and shredders, the fuel for travel and the man hours retracing steps that have already been takenremaking mistakes where lessons have already been learned.
A comprehensive strategy platform is essential for any business progressing into digital transformation and looking to be ahead of the game in their industry. When adopting a digital strategy platform to streamline man-hours and production costs, teams should consider whether the platform offers mobile accessibility, enabling team members to access and work on strategies on the go, fostering flexibility and productivity. Another important consideration is looking for robust collaboration features that enable real-time collaboration among team members, allowing them to work together on strategy, share insights, support their contributions with evidence and provide feedback easily.
Pharma And Beyond
NMBLR was built by digital experts Neverbland and using 30+ years of MacLennan’s experience developing strategy for global corporations in Life Sciences and Pharmaceuticals. The companies’ focus is currently on small to mid-sized pharma/ biotech companies to enable them to bring innovations to market more swiftly, productively and for greater commercial success, but will soon be rolled out across other business sectors.
NMBLR facilitates hybrid working like nothing else. Teams from all corners of the globe can strategise as if they were in the same room, and a digital trail is recorded every step of the way. It is set to transform how global business develops their commercialisation strategy and was recently listed at number 2 in the 50 most important Health Tech innovations.
Innovations that cut costs for a business as part of a long-term framework must be agile and reactive. Take video conferencing solutions for outside-of-home offices for example: Outsideof-home offices are evolving to accommodate post-pandemic working; instead of open-floorplan designs for lots of people, they are being transformed into social spaces and smaller meeting rooms. The office is becoming a place to discuss the work, not do the work. Video conferencing technology has responded - one can now bring video conferencing to private homes, huddle rooms and large conference rooms.
WHAT MAKES AN INNOVATION STAND OUT?
During a recent webinar, What makes a health tech innovation stand out?, it was interesting to hear from investors and designers about what they seek and strive for when assessing a new innovation.
An innovation needs to create value as perceived through the eyes of the stakeholder. This will truly form an innovation that shapes our tomorrow.
NMBLR has been hailed by many testers as revolutionary, and it is already being used by global pharma bodies, a sign that its future core value could prove immeasurable.
For any innovation, only once its true value is assessed and validated can creators move forward to bring something to market that will truly have an impact on our future. It is exciting to see how strategy platforms will develop in coming years. I encourage you to watch this space!