Cutting costs won’t make your business cut thru the recession
The organizations that will best overcome a recessive economy are to invest in accelerated product development and hyper scalability. Cost…
The organizations that will best overcome a recessive economy are to invest in accelerated product development and hyper scalability. Cost optimization alone is an outdated strategy that worked well when the economy was way less digital. So how to accelerate?
For example, adopting Headless CMS and Composable Architectures can accelerate value generation and increase business resilience. Here is how this strategy affects the business, operations, talent, product and risk management.
Business
A modern stack-like headless CMS combined with the proper composable architecture can improve customer experience and provide scalability while reducing cost and vendor lock-in.
Operations
Modern architecture can significantly reduce infrastructure & maintenance costs, improve performance and allow teams to focus on delighting customers rather than firefighting.
Talent
Hiring costs drop as modern stacks, good architecture, and good code quality improves talent retention and increases team morale and productivity.
Product
Teams can optimize for time-to-market and time-to-value, as the content is now a single origin in the headless CMS solution. It also means fewer reviews and approvals cycles and can be reused across multiple channels and products. In addition, composable Architectures enable teams to choose the best tool/vendor for each need: search, analytics, data warehouse, personalization, CRM and other needs.
Risk Management
Content from a single source of truth means that compliance and legal teams can centralize the approval workflow and be directly integrated into the value generation chain within the organization.
Other levers, like Design Systems and Cloud Native, can be combined to further optimize a Headless and Composable strategy. Design Systems can double down into adoption incentives to improve on-brand and on-time deliveries. At the same time, a more broad Cloud Native approach can drive better customer experiences and increase value generation.
The equation for increasing business resilience amidst a recession grows complex in a dynamic market where embracing digital is no longer an option but a requirement. Hence the strategies that don’t prevent the business from moving forward but rather accelerate the path to value are the critical factors for the solution where the expected result is growth.