This link has been bookmarked by 13 people . It was first bookmarked on 22 Sep 2008, by Takuya Homma.
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29 Sep 08
Luis OopshFifteen years ago, only the big retailers could afford intelligent cash registers that tracked inventory and produced detailed daily reports. Nowadays cash registers are just PCs with a different user interface, and the smallest mom and pop retailer can t
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25 Sep 08
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22 Sep 08
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These technological advances have led to the rise of "micro multinationals" which can leverage creativity and talent across the globe. Even tiny companies can now have a worldwide reach.
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According to the U.S. Small Business Administration, "small businesses represent 99.7 percent of all firms, they create more than half of the private nonfarm gross domestic product, and they create 60 to 80 percent of the net new jobs."
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We just have to ask: what can big companies do now that small companies can't currently afford?
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- Today, only the largest companies can afford to hire consultants and experts. In the future, even small companies will be able to purchase on-demand expertise and other services via the Internet.
- Today, marketing intelligence are costly reports describing data many months or years old. In the future, small businesses will have access to real-time data on market conditions.
- Today, only the largest companies can run expensive experiments with their advertising campaigns. In the future, even small business will be able to run carefully controlled marketing experiments that will enable them to better reach their potential customers.
- Today, only large companies can sell products in many countries. Tomorrow, businesses of any size can use online services and outsourced logistics to buy and sell in every corner of the globe.
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Tom WoodwardThese changes will have a profound effect on the global economy. According to the U.S. Small Business Administration, "small businesses represent 99.7 percent of all firms, they create more than half of the private nonfarm gross domestic product, and they
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paul jones* Today, only the largest companies can afford to hire consultants and experts. In the future, even small companies will be able to purchase on-demand expertise and other services via the Internet.
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