8 Business Metamorphosis Facts
Coming off the post COVID pandemic years has accelerated the global economic shift towards eight key business metamorphosis facts across nearly every sector.
Business Automation of labor, manufacturing, finance, retail, services
Remote work changes the relationship of business to labor in paradigm shift
Cyber-attack disruptions targeting finance, energy, food, security, travel
Social unrest with technology empowering individual objectives
Climate Change impacts and Healthcare challenges as variants persist
Supply Chain automation with autonomous delivery of goods and services
Fintech drives capital results higher cost of labor, taxes, social obligations
Ubiquitous knowledge with mobile devices and Human to AI interfaces
The eight metamorphoses require business leaders to adapt to new economic and social model concepts, while still delivering ROI and sustainable profits. The most cost efficient formula to achieve maximum global potential includes;
Peaceful Global Collaboration x Robust Innovation = Prosperous Singularity
The redefining of corporate earnings and profits, balanced with social and environmental community obligations is adopted as the enhanced new sustainable business model.
Individuals benefit empowered with the technology to pursue a more prosperous entrepreneurial lifestyle choices that often create multiple income streams.
New business plans benefit from more equal access to capital in Fintech with laws, oversight guidelines for block chain financing options and crowd source funding apps. Individuals gain secure opportunities in affordable education, moderate interest rates, better wages and job mobility. While inflation may be persistent long-term with higher cost of goods and services.
As global business competition accelerates, a core focus on early childhood education is critical to sustaining healthy economic growth in communities.
The ability to manufacture products locally using 3D Print applications is changing the way products are manufactured, delivered and business ROI cost models.
Multiple challenges arise as a result of 8 metamorphosis factors including;
Business versus self empowered individuals ability to perform tasks or create products
Local economic challenges with digital e-commerce greater competition
Developed countries challenged, as technology drives emerging countries
The ubiquitous ability to learn a high level skill and fulfill a professional task is transformed by the lower cost of online education, social network information sharing and skills job training apps that deliver open access to knowledge. While human to AI robot machine organic interface, robots and future biotechnology implant apps spark the age of cyborg.
For example, according to Forrester Research, a business realizes a nearly 60% increase in long-term productivity using a collaborative model. And on-average collaboration saves a business $8.8 million USD total by migrating to an all-encompassing platform. This micro-scale example, provides tangible benefits able to transform large organizations and groups.
The ability to collaborate peacefully, resolve disputes has never been so important to create innovation, self-empowered lifestyle choices. While open authentic communication is critical to develop strong partnerships and is a key element to success with a healthy balance to offer greater ownership for a "sense of buy-in" that delivers a sustainable prosperous singularity.
Copyright December 1, 2022 © J. Dean www.socialcontentservice.com