Technology is constantly changing. Everything is getting faster, more widespread, and more immersive. Companies and organizations need to adapt their business model to reach their target audience if they want to stay relevant.
It is easy for any organization to become set in their ways. Often managers say, "We've always done it that way." This spells death for a company. If you don't adapt to a changing environment, then you will be left behind. As technology changes, you need to change your business model and methods.
Everything in life has an end. Knowing when to pull the plug can really save your business.
What if you could see the end of your life and make choices to avoid it? Would you do it? Should you do it? Is an artificially prolonged life worth living? The same is true for products. Keep selling a product past its popular life and your company becomes outmoded. The key to success is dropping a product before it dies a long and painful death.
Trusting complete strangers has become the norm and it is having a big impact on our economy.
Does having access to a car without the hassle of owning a car sound like a dream come true? What about designer dresses or jewelry? Well none of these ideas are dreams. The reality of the sharing economy gives people access to almost anything at a fraction of the cost of ownership. And it is all thanks to technology and our unusual trust in complete strangers.
More and more people are choosing Ubers for their emergency transportation needs over traditional ambulances.
Recent studies show that ambulance usage has declined in cities where Uber is widely available. What is the reason behind this trend? Are people more trusting of the ride service? Or are Ubers just more efficient? There are actually several reasons for the adoption of Uber as an emergency transportation service.
Ethan Hausmann is currently the Vice President of Marketing and Community Outreach for Successtar Enterprises LLC. He is an author, professional speaker, and seminar/workshop instructor. Ethan has extensive knowledge and experience in marketing, customer service, leadership, and other small business related concerns.