Force of Change from Advances in Technology
Technology is constantly creating opportunities to improve your business or otherwise making changes that affect you. Not only does technology impact you, but it impacts your suppliers. Your customers are looking for something new or of better quality that technology enables. You use it in your own factories to decrease your costs. Your sales and marketing team uses it to improve their efficiency, get your message out and better understand the needs of the customer. This force of change is one that you can use to your advantage, but it must be managed to achieve financial results.
Just think how technology has changed how you work in your office or in your car. Computer and communications technologies have dramatically affected our productivity. But, don’t let change be forced on you—force the changes that make sense.