Cutting business spending is one of the most challenging decisions that companies face. While it's true that you can cut spending without negatively impacting your operations, employees, and customers, loyalty and engagement take the biggest hit. If you're a business leader tasked with reducing your organization's budget, read on for strategic ways to cut spending
Many thriving businesses discover opportunities to build rather than buy software which drives their business. If the available solutions don't match your growth or align with your business’ ways of working, outsourcing software development is a practical way to overcome these challenges. But before you sign that contract with a software vendor, consider the pros
By Boris Korenfeld, CTO and Tech Executives Advisor at Sphere Partners This is a summary of the critical concepts from Measure What Matters by John Doerr. We strongly recommend that you read the entire book - however, if you are pressed for time, the basic concepts are summarized nicely in this post. Measure What Matters
Staff augmentation is one of the most effective ways to scale operations, drive innovation, reduce costs, and improve time-to-market. Therefore, it's quickly becoming the preferred hiring model for many businesses, especially in the aftermath of the coronavirus pandemic, and it’s here to stay. According to research, the global IT outsourcing market was worth 92.5 billion
Change is the only certainty in business: markets fluctuate, innovations disrupt operations, and customer needs evolve. Organizational change requires competent leadership and strategic planning to implement. Unfortunately, successful change management is often out of reach. Data shows that about half of all change initiatives fail, and only 34% of businesses report a clear implementation success.
A company’s employees are one of its most important assets. And now, businesses have more choices than ever. With the rise of technology and remote work, they no longer need to limit themselves to a geographic location and can tap into a worldwide talent tool. A growing number of companies choose to outsource critical tasks
By Boris Korenfeld, CTO and Tech Executives Advisor at Sphere Partners Winston Churchill once said, “Never let a good crisis go to waste.” Churchill's insight can be applied to the rapidly deflating tech bubble. While the previous decade fueled amazing investment and innovation, it also created overvaluation, irrational exuberance, and misallocation of resources: Engineering headcount
By Jeb Buddecke, Director of Enterprise Applications at Sphere Partners The latest Acumatica Summit held on January 29 to February 3rd just ended—and I was privileged to take part in this grand event this year! The Summit is always a productive and inspiring event for everyone in the ecosystem. Customers, prospects, resellers, ISVs and Acumatica
In the wake of a possible global recession, some of the world’s top tech companies such as Facebook, Meta and Microsoft are laying off thousands of employees due to unsustainable growth plans and dwindling profit margins. And, many other companies are following suit—looking for alternative ways to maximize their development resources at a more affordable
By Jeb Buddecke, Director of Enterprise Applications at Sphere Partners Ask any organizational leader about their business, and they'll tell you what their company does: their products, services, vision, market share, and expected growth. But do these leaders know how their companies get things done? This refers to operational efficiency, which means delivering high-quality products/services