Team Collab

Why ESM Should Be Part of Your Business Strategy

August 22, 2022
Praecipio

You need effective communication across your organization’s departments to boost productivity and service delivery. Managing workflows, operations, and complaints in a growing workforce can be challenging, especially when dealing with siloed teams. Rooted in IT Service Management (ITSM) principles, Enterprise service management (ESM) is one of the most effective frameworks for managing collaboration and improving efficiency across IT and non-IT workflows. 

The Service Desk Institute found that in 2021, 68 percent of organizations employed ESM strategies and that 80 percent of those organizations accelerated their digital transformation in 2020 with the help of ESM processes and tools. This widespread use of ESM is driven by its ability to manage and encourage corporate collaboration by providing an efficient portal for real-time communication and resource monitoring — ultimately boosting productivity.

Benefits of Adopting ESM in Your Business 

There are numerous advantages to adopting ESM, but today, we’ll discuss five of these benefits.

Reduce Operational Costs

Having many support personnel on the payroll will inflate the cost of running your business. ESM has incorporated tools like chatbots, virtual assistants, and smart analytics to significantly reduce the number of staff required to manage employee and customer issues. Additionally, automation can reduce maintenance and training costs by making workflows more efficient.

Improve Customer Experience

Satisfied customers are the key to meeting business objectives. One way to improve customer experience is by offering fast and real-time responses to inquiries. It’s difficult to guarantee a fast response time when your company is over-dependent on human interaction. 

ESM technologies use artificial intelligence (AI) to handle basic customer inquiries and complaints, helping to ensure that no customer issues are missed and that customers have access to support when they need it. Additionally, using ESM can help to ensure that all of your teams play an active role in delivering value to your customers and that the customer experience is treated as a top priority across your organization.

Improve Department Efficiency

When the departments in your company operate efficiently, the overall productivity of the enterprise increases. ESM provides effective collaborative and communication tools that can be used among departments, reducing or eliminating the need to manually print and distribute memos or reports.

 ESM also helps in task monitoring to keep up with project specifications and due dates. You can use project management tools backed by automation to handle corporate tasks, including scheduling and resource monitoring. This can greatly reduce unnecessary human errors and oversights and minimize the time and financial investment in performing repetitive, manual management tasks.

Reduce Siloing 

ESM helps to reduce or eliminate siloing among teams in an enterprise. One of the leading causes of overall low productivity and performance in the enterprise is poor interaction among team members. When teams work independently vs. collaboratively, status reports may not always be communicated, and business objectives could hold different weights — or shift entirely — from team to team.

ESM offers a fast and efficient interaction among unit members. Using a central line of communication helps different teams interact with each other and offers a space to share relevant documents, analyses, and workflows. Plus, our experience shows that employees like working collaboratively within a single system.

Improve Incident Management

Managing emergencies and unexpected challenges is difficult, but it’s easier when you apply ESM capabilities. ESM tools like Jira Service Management have AI-enabled capabilities and automation incorporated into the management processes. This means that incidents are quickly flagged and the appropriate mitigation protocols are initiated.

Conclusion

In today's fast-paced business world, teams everywhere are experiencing growing pains due to disparate tools and delayed decision-making. ESM enables organizations to break down silos, drive business agility, and deliver high-velocity service experience, leading to increased customer and employee satisfaction. 

If you are ready to modernize the way your business operates and improve how teams collaborate, Praecipio can help. Contact us and we can put an ESM strategy in motion for your organization. 

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