The bottom line is: Connected companies are 21% more productive and 17% more profitable. A connected company isn’t simply one with good morale — it’s also a business powerhouse where communication, transparency, collaboration and innovation come together with the common outcome of building a stronger company. And connecting your company can be surprisingly simple.

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77% of companies feel that email is an inefficient tool.

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Bart Zuidgeest CEO @ NextNovate

1. Efficiency creates connection

Connected companies are successful because they find new ways to engage and enable their employees. For example, 77% of companies feel that email is an inefficient tool — but most still use this decades-old technology. Connected companies, on the other hand, invest in platforms and processes that help their employees engage directly with their work and teammates. The overall result is less time and money spent on inefficient processes and more time in productive work flows.

2. The right information at the right time

Building a connected company is about sharing information — but leaders in any business can tell you that part of the challenge is finding ways to make knowledge-sharing more efficient. Connected companies use collaborative, open platforms that help employees access the right information at the right time. They use tools with searchable, accessible databases that reduce the amount of time spent hunting for information. And they empower employees to participate in two-way conversations with other work teams and company leadership.

3. Turning connection into productivity

Once a company becomes connected and starts to benefit from increased efficiency and team collaboration, productivity is a natural outcome. Connected companies are five times more likely to be high-performing businesses, and 56% of CEOs who have implemented connected company platforms have already seen profits increase. These investments build a powerful, durable advantage that consistently put connected companies ahead of the competition.

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