The New Era of Digital Strategy: Staying Leaner Longer

It’s a far too common mistake: When a business is in a growth phase, leadership often feels an urgency to visibly manifest this growth. One of the most tangible ways to do this? Hire new employees. 

In today’s landscape, however, the mantra “more is better” has been debunked. For many businesses, the optimal way forward isn’t necessarily through expanding teams and accumulating resources, but by staying lean and agile for as long as possible. 

In this post, we share five reasons why staying leaner longer is the way to go.

1. Less Risk & More Flexibility

First and foremost, a leaner strategy gives you greater control over your finances. Instead of investing heavily upfront, you can allocate your funds more intelligently. Want to pivot your project direction? No problem. With a lean team, you can adapt without suffering from an over-committed budget or workforce. Moreover, resource flexibility enables a seamless swap-out of roles during a project’s life cycle, ensuring that you deploy the right talent at the right time for the right task. 

2. Less Onboarding Time

When you have a leaner team, you save valuable time in the onboarding process. In place of your standard onboarding process for new employees, here the focus is primarily on the project. This reduces the need for a lengthy orientation, thus leading to quicker initiations and faster results. 

3. Lower Expenses

A one-size-fits all approach to employee training and development is quickly becoming obsolete, with many companies planning to create custom learning programs to help employees tailor their skills for the exact needs of their companies. However, prioritizing employee training and development can be an expensive and distracting endeavor that takes time and resources away from delivering top-notch solutions for your business. Without the need for extensive employee development, you can allocate your funds to where they’ll bring the most return on your investment.