What have been the business management trends in 2019?

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seonajmulislam00
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What have been the business management trends in 2019?

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The technological revolution continues to transform businesses, and it does so with a series of innovations that reflect the desire to improve and adapt in many companies. This year, the implementation of different software at the business management level has marked the main business trends.

New developments have opened the doors to possibilities that were inaccessible in the past, drawing a promising outlook for the immediate future. Today we want to recapture the most cutting-edge rhythms and solutions of 2019. Key strategies to achieve excellence and maximum efficiency in an increasingly demanding context.

business management
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Process automation
Reducing work times, minimizing errors, controlling results; there are cameroon number data many advantages that companies have seen in automating tasks. Tools such as Work Project -for time management and cost savings-, Flow -to improve the efficiency of Outlook and other applications through workflows-, or UiPath -a robotic automation system that allows the creation of a complementary workforce to employees-, have drawn an incredibly dynamic and changing panorama.



Data-driven and the conquest of big data
The orientation of management processes towards data has become a priority objective for those companies focused on a customer-centric approach . This contextualization and personalization of communication has also been accompanied by the extensive analysis that big data is making possible .

The 2019 Digital Maturity Report in Spain prepared by Minsait reflects that 46% of companies already have strategies geared towards this type of metrics. 9 out of 10 businesses see the future with optimism, and tools such as Hadoop or Apache Storm are becoming the support for these expectations.



Corporate social responsibility and concern for the environment
Throughout 2019, the importance of sustainability for companies has become increasingly evident. The environmental crisis reflected in the negotiations held by the main emitting nations at COP25, coupled with the democratization of information that social networks have provided to consumers, mark an important turning point for the development of business policies in line with fair positions.

According to the 6th edition of the SERES-Deloitte Report , investment in CSR projects and actions in 2018 already exceeded 1.2 billion euros, and 84% of companies included SDGs (sustainable development goals) in their social strategies. And what will happen in the future? Transparency and diversity and equality policies will lead the way.



Artificial Intelligence is here to stay
Since its emergence in 2016, AI has gradually been introduced into the business world. Not only are large companies taking part in this technological revolution, but in 2019 SMEs have found an optimal path to obtain the opportunities offered by this field.

Tools such as Tamr stand out , with its ability to integrate and analyse large amounts of data through machine learning , or the personal assistant Gluru , which uses its AI to manage the work schedule in the most efficient way. 7 out of 10 Spanish managers believe it is optimal to continue investing in AI in their business strategies, as stated in Accenture's Built to Scale report .



Dashboard in decision making
Setting goals in the most efficient way possible has become the ideal ground for the proliferation of dashboards ; leaders and managers have become attached to this visual and schematic planning that allows them to obtain reliable progress data, and make decisions in a more direct and effective way. Knowing tools such as Cyfe or Chart.io in 2019 is an almost obligatory goal for companies that seek to be more competitive.
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