Leveraging IT for productivity and growth: Jay Holstine

Helping business leaders reach new levels of productivity, in the midst of great change, was the focus of Jay Holstine’s CEO peer group. The Dallas-based Vistage group, from non-competing industries, enables these 18 CEOs to hear expert speakers, and share ideas with each other. “Our workshops feature industry experts, providing new data, resulting in lively discussions among the CEO peer group,” Holstine said. “In our recent workshop members discussed ways to advance efficiency, in order to direct capital to areas where it can provide strategic growth options, and increase enterprise value. “Cross-functional IT integration was a topic that gathered a lot of interest,” Holstine said. “Particular CEOs shared that the digital integration across functions is helping their companies gain productivity far beyond simply improving each department individually. Optimizing all their operations systems is more than just automating routine work. Many of the interactions are simplified, and mistake-proofed, from communications and orders, to incorporating logistics to expediting deliveries,” Holstine said. “Most agree that Integrating areas of IT can help coordinate customer requirements, overall planning and supply chain. And several CEOs discussed the offloading of assets like transportation fleets, warehouses, IT servers, as digitalization optimizes their overall business models.” “Our group sees these improvements in productivity as a better path to growth, than merely cutting costs. The tools for IT integration are now so much more affordable, that companies are investing in it to stay competitive,” Holstine said. “One of the members pointed out that these types of improvements can really enhance enterprise value, to position a company better for funding expansion with outside capital. Providing several quarters of improvement gives potential investors and buyers confidence that these efficiencies are sustainable, and not just short-term measures taken as transaction-related show. “While identifying the best efficiencies that fit each CEO company, is what we focused on in this workshop, in every meeting, our CEOs depend on the shared wisdom, great research, practical experience, and ideas, that help their companies succeed,” Holstine shared. https://linktr.ee/JayHolstine https://www.trepup.com/jayholstine https://jayholstine.mystrikingly.com/ https://jayholstine.blogspot.com/ https://soundcloud.com/jayholstine https://issuu.com/jayholstine https://www.xing.com/profile/Jay_Holstine3/portfolio