Dec. 26, 2008
Is there a fundamental shift going on? The information age may finally be showing its true power. It allows place shifting, time shifting, and instantaneous communications, alerts, and data, that are having powerful effects on our traditional economic forces that we have only begun to understand. I found the following quote tremendously frightening and exciting at the same time.
Bits Of Destruction
This downturn will be marked in history as the time where many of the business models built in the industrial era finally collapsed as a result of being undermined by the information age. Its creative destruction at work. It’s painful and many jobs will be lost permanently. But let’s also remember that its inevitable and we can’t fight it. Technology and information forces are unstoppable and they will reshape the world as we know it regardless of whether or not we want them to.
Posted by matt in Power of Ten, Your Business Universe, Your Clients, Your Delivery, Your Strategies | 1 Comment
Nov. 25, 2008
It is easy to get the blues in a difficult economic climate. But if you look at the challenging environment through the lens of opportunity the bold can turn the downturn to their advantage.
Why in an economy of uncertainty would you freeze vendor onboarding? Isn’t now the right time to seek out more profitable vendor relationships?
Why would you lower or freeze your marketing budgets? Isn’t now the right time to grab market share from your competition?
Why would you decrease your IT spend? Isn’t now the time to invest in infrastructure that automates away inefficiency and redundancy?
Now is the time when you will identify and conquer your weaknesses and hone your strengths.
Now is the time to innovate, invest, take some risks and truly revolutionize your infrastructure, your partnerships, and your relationship with your customers to stay three steps ahead of the competition.
