Post written by
Daniel Wesley
Dan Wesley is a leading expert in the field of personal finance and founder of CreditLoan.com.
When it comes to evolving tech at my company, I’ve seen it all. Every six months I find myself rethinking how we operate because of some new phone, gadget or software update. Even though I don’t purchase the latest phone model every six months — which has saved hundreds of dollars — I have learned that what works at home doesn’t always translate to the office.
Many employees carry around two phones; just as many people have both business and personal computers. That means employers constantly monitor use, spending, upgrades and repairs. It can be confusing for employers to know which tech to adopt and which to pass over.
Keeping Up With The Electronic Joneses
Employers need to stay updated on the latest tech to maintain company relevance — especially while companies are forced to protect themselves from evolving threats. Sometimes that means free updates from Microsoft. Other times, it means a new building alarm system, new computers or a new security installation.
As technology ages, it becomes easier for hackers to exploit. And someone is always itching to crack the code. Whether it’s a physical or electronic intrusion, the business becomes exposed either way.
But sometimes the biggest threat isn’t from an actual individual. For instance, when my wife worked at the Home Shopping Network in Florida, the company had multiple broadcast locations in the area to make sure that hurricanes and severe weather wouldn’t take the network off the air. Tech-centered businesses must be ready to respond to emergencies — because even insurance can’t buy back your time.
Technology can make the difference between growth and stagnation — even when things are going well. Top talent expects top tools and training. If you can only offer employees outdated laptops and paper timecards, everyone from developers to designers will run the other way.
Follow these tips to stay informed on the latest solutions to avoid falling back into the business tech Stone Age: