5 tips for effective business development with using of digital technologies:
1. One of the indexes, distinguishing everything alive from the dead is speed.
“Speed exactly is a defining factor for any predator, which frantically tries to catch the sacrifice equally as for victim try to slip away from its chasers.”
Nowadays the most serious players from any working area face with such fact that their business is in danger – more and more frequently start to use absolutely another methods in business management on market, based on untraditional models. According to the sensational prediction of Cisco company in the nearest 5 years, approximately 40% of the biggest companies, which comprise in the best 10, regardless from its working sphere will be substituted with younger players on their market.
2. Most of the enterprises simply are not ready to rely on such index as speed in their activity.
Nowadays the biggest companies in digital technologies using direction are really mighty, though they develop very slowly. At the same time, digital technologies using gives a great benefit to small but flexible companies and exactly this puts in perils existence of these giants. All the young companies which try to use the digital technologies advantages are not burdened with updated systems, and also they don’t need to think all the time about how they can minimize own risks, being under constant pressure. They’ll easily embed completely new methods which will let be different between competitors profitably. Nowadays, all the large corporations for surviving have to look at their business from another side opposite from usual.
3. Faster than all the rest develop those, who hides from strange eyes.
Most of the companies which think about the digital technologies introduction, first of all, want to improve the visible part of a business, paying the attention to usability and developing websites or mobile app. Of course, it would be nice, except it, to think about opening the call-center, either the network of retail shops or full-fledged custom software – any factor will play defining a role in your business promotion in general. Companies have to have the aim to make their own business more flexible, what can be achieved thanks to the introduction, for example, Agile. Don’t think that it’s necessary to embed new technologies, deleting all and everything, counting the total value, which you should pay for such wishes – just start using, for example, software development technologies.
4. Real flexibility can be achieved only at the expense of the ability to change the movement vector.
One of the leading roles even in software development plays the abrupt changes, what usually use new players, confusing the large companies. It’s obvious, that changes are not really easy for any business – it concerns not only new companies but also software development one. Wherein the larger is a company, the harder it will carry these changes. But rectilinear development as waterfall model will never lead to innovations and that’s why huge companies require to look at their own development from the different sides and always be ready to sudden vector’s changes and own development. Remember that recourse optimization is a key in innovations and abilities to be a step straight.
5. Your business has to be an organic whole.
Only thanks to an optimal correlation between speed and a great coordination movement business are able to develop with quick temps. It seems to most of the company’s owners that in reality, their whole business is a totality of processes which aren’t connected with each other. In business purposes for every separately taken part of collective can’t contradict to common aims and if we talk about the necessity to embed the digital technologies and systems then it has to be on account of contemporary purposeful actions of the whole company’s staff.