RPS Technology Ltd

Management and Business Consultants in Stanmore (Middlesex)

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42 Merrion Ave
Stanmore
Middx
HA7 4RT

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About

We offer our clients Change Management and End-to-End Business Transformation consulting services. We specialise in advising and supporting organisations in transforming their business, from the process re-design through to innovative execution, with a consistent focus on sustainable results. Our innovative solutions are scalable to our client’s size and cost effective. We help our clients whether they are undertaking a major strategic change, facing an organizational challenge or are looking to become operationally more efficient and effective. We have put together best practices to enable businesses to succeed in the downturn by tailoring our solutions so that existing resources within an organisation are repurposed rather than making further investments which take time to generate adequate returns. We help our clients to derive maximum value from their IT structures and systems so as to improve their organizational fitness and efficiency. We work side by side with our clients in transforming them to bring about sustainable performance improvement. Our mission is to provide expertise and counsel rather than resources. With this philosophy we provide identifiable business benefits in the most economical manner.

Why the Recession is Good News

Recessions always spell gloom and doom for companies with redundancies, bankruptcies, collapse of giants and a crippling credit crunch. But one man's misfortune is another man's opportunity.The recession presents companies with the opportunity to cut out inefficiencies and unproductive investments and processes. During a boom, all sorts of uneconomic propositions find funding and the recession provides companies with a chance to recycle these or simply to shut them down.The recession is a time to concentrate on profitable endeavours. Eventually strong businesses will face reduced competitions and better opportunities for growth.During the recession companies not only start to watch their cash flows like a hawk but higher calibre staff are available at affordable rates and employee turnover fall due to job scarcity, customer service standards will improve as suppliers are desperate to retain their shrinking customer base and the government become more business friendly to save their own necks.Recessions force businesses to think and work harder. They become more innovative so as to remain competitive and stay afloat and lessons are learnt better than during the good times. The recession is also a good time to start a new business as the gaps in the markets widen when business go down under and generally want to get things done cheaper.Indeed, many entrepreneurs got started by being woken from their torpor by redundancy and the realization that they enjoy the freedom and independence of self-employment.But downturns aren't effective if the necessary restructuring cannot take place. Businesses have to be ready to change and take the necessary bold steps to reap the benefits of survival. The recession is an exciting time for business to make their mark and capitalize on the ocean of opportunities. A downturn can be the making of the best businesses, as the changes implemented at this time can make businesses much stronger in the long term.

Spending to Save

Bollinger Shipyards of Louisiana, a major marine-construction and repair company with a global clientele, was mired in the steamboat era when it came to information management. Each of Bollinger's business units maintained its business records manually generating a hefty paper trail. For every part they ordered, employees had to fill out an eight-section purchase order. Those orders added up fast. Each patrol boat Bollinger built for the U.S. Coast Guard contained about 4,000 parts.So Bollinger invested $3 million in a business software which revolutionize the way they operated. It had nine shipyards working on old-fashioned systems on a Thursday and had them switched over in every area by the following Tuesday. The impact on Bollinger's operations was very dramatic. After two years of using the software, the company says its generated total savings of $7.05 million. Bollinger spent the money during flush times, but CFO Michael Ellis says he would do the same thing today. And plenty of other companies are following his lead. The rallying cry of the old economy was "Spend it while you have it." In good times, companies rushed to build plants and invest in R. and D. Then when the economy cooled, they froze their budgets and tried to slog through. But the New Economy has rewritten the rules. Even in the midst of the recession, companies are showing that carefully targeted spending on new technology--from business software to computer-storage hardware--can boost the bottom line, often within just a few quarters, by increasing efficiency and lowering costs. In today's economy, there's a new rallying cry: "Spend to save"Companies are still opening their wallets whenever they are confident that they will see a return on their investment within a year or two. Among the strongest sellers today are products that help companies store and use data more efficiently, manage supply chains and inventory better, meet the needs of their best customers and find new customers on auction sites. Every software vendor company has client success stories. i2 contends that its 9,000 implementations of e-business software around the world have produced some $16 billion in growth and cost savings to its clients. However not every investment in technology proves to be as fruitful and beneficial. An independent research by one of the Big 4s, which was carried out among 134 major listed companies in the UK, US, Africa, Australia and Europe, found that 56% of the organizations surveyed had to write off at least one failed IT project during the first 18 months of implementation. The average loss incurred by the businesses surveyed was £8 million per failed project, whilst the largest single project failure reported cost £133 million. The survey also found that inadequate planning, poor scope management and poor communication between the IT function and the business were the most commonly cited reasons for failure. The important message is that what we are doing today is not working. We can either continue doing what we are doing even though it isn't working (the traditional definition of insanity!) or start doing something else.So why do IT investments fail?Investing in business technology is often seen as a magic wand that will eradicate an organization's problems by business leaders, as opposed to understanding that business technology only enables an organization and helps to eradicate your business problems.The golden rule successful companies follow is finding the balance between what a business technology can do and improving their readiness to change, by reengineering their existing business processes to cope with the change, thus accelerating the rate of return from the investment made.It is important to remember that technology issues are part of a wider business issues and every business issue uses a technology solution.Only by investing in improving your operational efficiency and effectiveness and by becoming fit for purpose first, can you guarantee a successful IT investment.Many times companies still continue to fail in unlocking the true potential of their existing investments because their IT investment is not aligned to their current business processes. Therefore the mantra in this recession is to invest in realigning your existing investments. Amid today's economic slump, smart business leaders know that it can be just as much of a mistake to spend too little as too much.

Specialist Services

We are passionate about providing scalable out of the box solutions to our clients and love a good challenge. Our clients rely on us during difficult times and we promise to deliver results utilizing their existing resources by freeing bottlenecks and easing the flow of information. We ensure that our clients can pass this advantage onto their own clients and customers thus improving their revenue sources and increasing and accelerating the rate of return on their change initiative and investmen

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