The Symptoms Observed in Current Business Trends

The Symptoms Observed in Current Business Trends

  • Managing corporations under the everfleeting turbulent conditions have led to the development of ‘Business Darwinism’ - the law of the ‘market jungle’ - survival of the leanest, fittest and fastest.
  • Businesses are forced to change direction at short notice, seeking any possible competitive advantage available at that point of time and most of the times this is what happens.
  • Product feature changes do not have a lasting effect to cope with changing market trends and have to be constantly re-examined.
  • Technology has taken the driver’s seat to push through this ‘change’. It provides for tools that are unprecedented and those that help you to be faster, efficient and also effective, notwithstanding that it needs to be steered by people.
  • Even newer technology is fuelled by people-initiatives while the best team becomes ‘a rock boat’ as the team-mates begin searching novel forms of gratification.