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How Information Silos are Hurting Your Business

One of the biggest hurdles to an organisationu2019s operations is information silos. When silos aren't addressed, they can cause disorder, chaos, and waste within your company, impacting every part of your businessu2014from staff performance to profitability. Learn how to eliminate these information silos and get your organisation back on track to success.<br><br>Read more: https://www.linkedin.com/pulse/how-information-silos-hurting-your-business-mitch-m-

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How Information Silos are Hurting Your Business

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  1. HOW DO INFORMATION SILOS IMPACT YOUR BUSINESS? Besides impacting the company culture and increasing operational costs, there are several ways information silos can affect your business. If you ever find yourself facing the following challenges, you are potentially facing the effects of information silos.

  2. NO ONE-VIEW When data and information are fragmented across the business, it is difficult to get one homogenised view. Instead, you need to piece together the details from the various departments like a jigsaw puzzle.

  3. DIFFICULTY IN MAKING STRATEGIC DECISIONS Having multiple sources and questions between departments can cause inconsistencies about which set of numbers is correct. Validating and gathering the information can waste valuable time and delay decisions, resulting in missed opportunities and financial losses.

  4. TIME WASTED Speed in an organisation is a massive asset. However, inefficiencies within a company can cause it to slow down to a crawl. This is often due to resources wasted on tasks that offer little value.

  5. WHAT CAN YOU DO ABOUT INFORMATION SILOS? One of the best solutions is implementing an integrated business management system. It creates a unified data and technology environment from which everyone within the company can retrieve the information they need to succeed in their role.

  6. An IBMS provides the organisation with a single source of truth, removing conflicts and disagreements surrounding data validity between departments. It also reduces the time to gather information allowing you to make strategic decisions quickly to meet customer needs.

  7. BREAK THE SILOS WITH CONTINUSYS IBMS Register for a free demo to see how IBMS can eliminate information silos in your organisation. Look for the registration link in the comments. www.continusys.com

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