What are the Risks of Ignoring High Implementation Costs?
Ignoring high implementation costs can lead to several risks:
1. Financial Strain: Unexpectedly high costs can deplete resources and potentially lead to financial crises. 2. Operational Disruptions: Insufficient planning may cause significant operational disruptions, affecting productivity and customer satisfaction. 3. Employee Resistance: High costs without clear benefits can lead to resistance from employees, affecting the adoption of new systems. 4. Competitive Disadvantage: Failing to manage costs effectively can hinder a business's ability to compete in the market.