We all know that the economy is not as robust as it was two years ago. That is a fact. It seems that the immediate reaction when the economy slows is to cut back on “non essential” items. The question is, what is essential and what is not.
The obvious answer is that items that directly produce revenue are essential and everything else is not. Often the ECM strategy for an organization is to “limp along” with the status quo and not to spend money on upgrades, updates or even education.
The down economy will not last forever. Would it not be wise to position ourselves to take the best advantage of new opportunities when they arrive? One of the best ways to do this is to study the ECM environment and to learn about new trends, new solutions, and new methods.
When the economy rebounds, organizations who have prepared will be able to move quickly and move ahead of the competition by deploying new and innovative ECM strategies.
Educational events abound. Many are very expensive and should be examined in terms of their potential value. However, there are values in the arena that should be taken seriously. These events offer “best of breed” presentations on a variety of ECM and management related topics.
A good example of such an event is the annual Nexus conference sponsored by ImageSource www.nexusecm.com Nexus is a two day event that provides information on all aspects of ECM including Software, Hardware, Project Management, Records Management, Business Analysis, Planning, and Return on investment. Attendees learn about Capture and Integration and to participate in general discussions about ECM. Additionally Nexus provides an opportunity to network with ECM peers.
This post may seem to be directed at organizations that may or may not fund education for their employees. But the same ideas apply to the individual. If the company won’t fund you, think about investing in yourself. Wouldn’t it be advantageous to be a few steps ahead when the job market expands?
Think ahead, do you want to be stuck with the status quo, or do you want to be poised to take advantage of a rebounding economy?
Senior Account Executive