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The Fatal Cost of Inaction In Business

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We live in a rapidly evolving world of continual innovation and change. So how are you keeping up?

Not so long ago, it was impossible to set up a business without a landline and a Telstra account.  Which you’d wait 20 days to get connected. 

Now you’d be mad not to set up your business without a mobile phone, internet access, computer, printer, assorted Apps, and a Fitbit to ensure you get your 10,000 steps every day. And you have to keep your ear to the ground to keep up-to-date with the next cloud-based technology.

Of course, Millenials are used to the idea of business acceleration.

Growing up with a rapid cycle of technology has left them open to new ideas and highly adaptable to change.

The MIT Technology Review’s fascinating piece ‘Can Technology Fix Medicine?’ highlights how data capturing technologies have driven rapid investment in health-care information technology – including over 100,000 health Apps on smartphones.

It’s staggering to think of how quickly this revolution has come about.

From the old world (scattered data, inconsistent reporting) to the new (big data), in just a few years, technology is innovating our centuries-old system of healthcare. 

If you’re not evolving your business, you can become redundant very quickly.

If global companies like IBM and Samsung are capable of rapid action, so can your business. Accelerating great ideas in business is nothing without resilience and adaptability. What are you doing to keep ahead?

Ideas Accelerator is a clear and accountable process that helps people rapidly act on their ideas, help get concepts to market faster, engage customers, and be more profitable. Contact Paul Wilson here to turn your ideas into action.