BUSINESSES MEET THE DIGITAL ERA

Publish date:

• 23rd May, 2022

“ Bamboo is flexible, bending with the wind but never breaking, capable of adapting to any circumstance. It suggests resilience, meaning that we have the ability to bounce back even from the most difficult times. . . . Your ability to thrive depends, in the end, on your attitude to your life circumstances. Take everything in stride with grace, putting forth energy when it is needed, yet always staying calm inwardly.” ― Quote by Ping Fu. 

The above quote from China is very pertinent to the issue of businesses, their survival, and changing times.  Businesses need to be like flexible bamboo in order to thrive as scenarios change.  If they don’t feel the winds of change and become flexible, then they are likely to collapse like the mighty oak/teak tree. And yes companies are collapsing left, right and center. In this blog, we are looking at the survival of businesses by adopting the latest tech stack that propels them into the 21st-century digital era. 

Listed are ways that a business can be digital–ready: 

• Ring in the new, ring out the old. Over time some things become redundant and need to be cast aside to make way for new stuff (thoughts, relationships, products/items, and tech tools are some examples). It’s all about preparing ourselves / businesses for what works for tomorrow, instead of living in our comfort zones. As the Hindi saying goes “ Darr ke aage jeet hai “which is translated into English as “ There is victory after conquering your fears “.  Having a consultant who is well-versed in technology and can conduct an audit for your business and give you a detailed analysis of what you need and don’t is a good way to go. Codleo Consulting is an ideal partner in this venture for any business seeking to embrace tech tools. 

• Get inspired by digital native companies. This refers to companies whose genesis lay in technology and whose operations/existence is within the ambit of tech space. These companies are known to be very agile when it comes to innovation & adaptation. An important part of digital DNA is organizational agility, which empowers staff and encourages a mindset of experimenting, learning, and adapting. Agility improves if you predict instead of reacting, prioritise leading projects, and use the personal skills of employees to obtain the best total value. Examples of such companies include Amazon, Flipkart, eBay, and Google that everyone must be familiar with. 

• Foster a company culture where being open to new technologies is part and parcel. Digital transformation is a continuous process and never comes with an expiry date. Funds have to be set aside for the same expert team/vendor allocated to study, review and suggest changes from time to time. 

It’s time to get the ball rolling if it isn’t already. Be proactive and get a much-needed jump on your rivals to be customer-friendly and 21^st century ready. Contact us to know more. Ciao.

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About the Author

Arun Sharma

Arun Sharma, the Chief Operating Officer (COO), focuses on business expansion, product development, and strategic growth. His skills include project and account management, where he improves operations and boosts efficiency. With a growth-driven approach, he leads innovation and ensures projects are completed successfully. His strategic insights have been key to achieving steady results and building long-term client relationships.