2022 has been a disruptive year of ups and downs. As an outsourced IT service provider we're given a unique perspective into businesses and their challenges.
These are the top trends we have observed in 2022 working with SMB's across various industries.
It's hard to find a business that hasn't had a hiring challenge in 2022. Finding new hires (let alone good ones) has never been so difficult. Coupled with changing demands of modern workers, businesses are having to rethink their People & Culture strategies.
It's reported that up to 41% of Australians are considering a change of job in the next 3-6 months. In short, businesses must invest in people & culture if they want to attract the retain top talent.
Costs have been increasing across the board. Coupled with talk of inflation, interest rates & possible recession, businesses are concerned about rising financial pressure.
This presents a catch-22 as creating efficiency generally requires investment. Leading businesses are still being proactive despite the concerns; focussing on the potential gains & savings to be had vs. the likely reality if they are to do nothing.
Many businesses have done some flip-flopping on WFH. Early 2022 many businesses encouraged everyone back to the office, only to have them home in isolation a few weeks later.
There are some notable challenges to having people work from home. Nevertheless, there are solutions and ways to make it work, often far better than traditional office environments.
Even an office first based work environment must cater for the days people can't make it in. Failing to do so now will result in reduced productivity, resignations and difficulty finding replacements.
Data breaches have made many headlines in 2022, as a result, business leaders have renewed concerns for their business.
Less talked about than the breaches is the increasing movement towards greater compliance requirements and potential legislation that could pass in 2023. These changes are adding pressure to businesses to get more mature with how they approach data security.
Lagging behind these trends is likely to cost businesses a lot of money in 2023 and beyond.
However you approach cybersecurity, the most important element is adopting an appropriate level of security. This should be based on the level of exposure your business has. If you have trouble understanding this, you should seek professional advisory.
It's been an interesting year of emerging & evolving challenges. It appears that at least for the next couple of years, concerns around people shortages and data security will continue.
What's your business doing to stay ahead? The most successful companies we work with have a proactive approach to these challenges.
If you're interested, we'd be happy to meet to discuss your business and share our insights on the above topics. There's no pressure to proceed with any changes, we would equally gain value from hearing another perspective and learning about another business and it's challenges.
Simply give us a call or book a time directly here: https://calendly.com/ray-sweeney