This article is originally from Business Insider, sponsored by Verizon.
There are so many factors that go into making a business successful, from hiring the right talent and developing a product roadmap to managing real estate, technology, and finances.
And if just one of those things falls through the cracks, everything that leadership has been working to build can come crashing down.
With so many moving parts, business leaders must remain laser-focused on the core qualities of a successful company.
By pursuing a set of clearly defined guiding values, business leaders can ensure that their organizations remain on the right path, even as employees, technology tools, and office space come and go.
Here are some things that should be on your list of priorities.
Whether you’re a consumer-facing or business-to-business company, keeping customer data secure is of the utmost importance. Between lost business, reduced productivity, and security investments, one study estimates that cybercrime costs businesses an average of $11.7 million a year.
Technology companies like Verizon have teams of security experts to protect against cyberattacks across its 4G LTE network, processing more than 1 million security threats daily. On top of strong user-authentication technology, Verizon ensures its customers’ safety by installing firewalls, implementing procedures that guard against unauthorized access, and monitoring its networks around the clock.
2. Teamwork and partnership
Every great company is better than the sum of its parts. In a study of more than a thousand companies, Babson College and the Institute for Corporate Productivity found that high-performing firms are 5.5 times more likely to incentivize collaborative behavior. This is likely because collaborating enables you to tap into a larger pool of talent and lets each person focus on what they do best. But it’s important for teams to have the right tools to collaborate.
When companies use Dell enterprise products with Verizon 4G LTE wireless built in, they can work hand in hand with Dell’s team of Small Business Technology Advisers. These experts collaborate with businesses to assess their tech needs, provide solutions, and deliver future-proof technology that grows with the company — and they’re easily accessible by online chat or phone.
Business moves faster today than it ever has before. This means it’s never been more important for executives to put their employees in a position where they can complete their tasks as quickly as possible.
Because of this, many companies choose Verizon, the largest, most reliable 4G LTE wireless network. With Verizon, employees can download emails in less than a second, an e-book in four seconds, and a five-minute video in 27 seconds.
Productivity is the name of the game for businesses of all sizes. If employees aren’t completing projects and driving tangible results, you’re not going to be in business for very long.
Companies can boost productivity by equipping their teams with Lenovo’s ThinkPad X1 2-in-1 Yoga laptop and tablet. The device’s powerful eighth-generation Intel Quad Core processor delivers 35% better performance than the previous generation. And with dual Intel Thunderbolt 3 ports, the ThinkPad X1 Yoga enables faster data transfer up to 40 GBs over USB-C, four times the data and times the video bandwidth of any other port type.
5. Employee satisfaction
It’s always important to make sure your employees are content with their work. Positive workplace environments help companies attract the best talent, and happy workers have been found to be 12% more productive than the average employee. Things like recruitment bonuses, career growth, and paid time off for volunteer work are some of the things that help to keep employees happy.
By focusing on these five values across their various departments, business leaders can build growing, sustainable firms that are ready for continuously evolving future. All it takes is some planning and some follow-through.