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Predict profit with more confidence
Schedule a callWork silos happen across every industry. There’s been a lot of talk over the years about what to do about them. It generally boils down to either breaking them down or finding ways to connect them.
But which method is better?
In construction, the reality of work silos is more pronounced by having field and office teams physically separated by not just distance but actual work methods. Working in an office makes for a very different work style and methodology than working out at the job site.
When there is this separation between vital areas of your business, it can be difficult to ensure everyone stays working towards the same goal.
Work silos create excellence
1. At the end of the day, companies don’t want to destroy the work silos that have been developed over time. The main reason: they allow for departments to become highly specialized and experts in their field. There’s a laser-sharp focus to the team that benefits from clearly defined work and goals.
But having highly specialized departments that don’t collaborate is a problem.
2. There is no success for a project management team that has little to no insight into the current financial status of the business and vice versa. The financial team needs up-to-date project information in order to forecast future project needs and business budgets correctly.
Build networks between departments
3. Collaboration is key. Businesses run better when the left hand knows what the right is up to. But it can be hard to bridge departments together that are busy working to achieve their individual key performance indicators (KPIs).
That’s why it’s time to shake up the old guard and change how your business operates.
4. Allow teams to work across the business rather than looking for a list of approvals to come from the top down. Your C-suite can set the targets and the vision for the business, and your departments can work collaboratively to achieve the company goals.
Now your departments have the same goal and will need to rely on one another to reach it.
Automate your business
5. Automation helps to build these networks. Imagine a world where your project manager inputs a change order into their PM system and your finance team has immediate access to it. No pulling reports, no waiting for emails, and no more double data entry.
That world is here if you want it. Briq is a financial automation platform built for the construction industry that facilitates collaboration across all departments. Our platform connects to the financial, operations, and project management software you use in order to allow your company to be run on accurate shared financial information.
Want a deeper dive on how to connect the work silos in your construction business? Download the latest guide here.
Interested in learning more about Briq? Let’s set up a demo.