The future is an important topic in all aspects of life and has been a matter of speculation for as long as mankind has existed. Likewise in the world of business – just walk into any bookstore and you will be astounded by the range of futurists predicting and speculating on the changing nature of business and management. The list of best practices for organisations of the future is as long as Plastic Man’s arm.
A general topic covered in each and every one of these books is change and the increasing speed at which change happens. But, change happens – as it always has. The world is in a constant state of flux, change and uncertainty is a way of life, not a definition in a book.
Will business in the future be different? Yes. Will we have to do things differently to survive? Yes. Will organisations and individuals have to spend a lot of time, effort, and resources to cope with change? Yes. Will we be able to handle change, now and in the future? DEFINITELY! So what’s new? Nothing really, the human race has always been able to adapt, and where they couldn’t, they found new ways of doing things or used technology to fill the gaps left by their inability to adapt. In other words our ability to adapt, create, andinnovate will be our weapon against the scourge of change – as it always has been.
And what does the future hold for us, we can only speculate.
New forces in the world of business:
There are some definite forces at work that is changing the nature of business. Some of these forces are:
- The impact of HIV/AIDS on both the local and international economy
- The escalating importance of intellectual capital
- The impact of information technology and the Internet
There are however a host of other factors impacting on this life …