There Is No Future In The Status Quo

There is no future in the status quo . . . Just ask Sears, Blockbuster, Novatel, Blackberry, Nokia, and the list goes on and on!

There is no future in doing things the way we have always done them! Status quo always ends in irrelevance and obsolescence!

As business leaders we need to continuously challenge ourselves and our organizations to innovate and improve. We need to shake up our industries and stop doing things because we have always done them that way. Rather, we need to start doing the right things smarter, more cost effective, more rapid, and error free!

For example, in the project engineering world, projects have continuously escalated in cost over the years. We have all heard of projects that started at $X billion and ended up costing 2 or 3 times $X billion! Now there are many reasons for this (refer to my mega-project article) but one of the major reasons is that we are simply not challenging the status quo. Instead, we doing things the way we have always done them . . . it seems more comfortable that way because change is uncomfortable!

Although an engineering project today has basically the same objectives as an engineering project 20 years ago, how we get from start to finish needs to be fundamentally changed! Engineering companies need to step back and re-evaluate their businesses to remove legacy mindsets, legacy tools, and outdated processes while implementing new and relevant ones.

Take the automation engineering world as an example. It is undergoing dramatic change because of technologies like:

How to Use the Cloud to Empower Your Business

Pretty much everyone today is aware of “the cloud” and associated┬átechnologies. From iCloud to Dropbox, Amazon’s personally tailored Kindle library to Microsoft’s Office 365. Cloud enabled software and services are all around us and growing in functionality and usage.

Also, new products and services are continually entering the marketplace. From smart refrigerators in your home that monitor food consumption and automatically order refills through your cloud based grocery profile, to “Wikipedia like books” that contain and share every reader’s markups, notes and cross references.

The cloud is here and consumer adoption is massive and growing!

The Cloud is a Huge Business Opportunity

In case you haven’t noticed, this is a huge opportunity for businesses to get a virtual lock on a customer! Cloud based business models can secure a solid stream of income for a long period of time by offering a compelling and valuable service.