Follow the discussions of M.Azim Ulfati

Looking ahead, speculate what the pending issues in business will be 15 years from today.

Based upon your answer to the previous discussion, determine how these pending issues will affect you and what you can do to prepare.

I speculate that rapid technology development will present huge opportunities to save cost and develop new technology-based services that will make your development more attractive or your enterprise a better place to work. But it is important to know that the flip side of this coin is technology obsolescence. In particular for large, multi-year development projects, whether it is a real-estate project or a large enterprise project, technology obsolescence is a big issue. 

And also online relationship business will develop where people would shop online and that would decrease workforce at the same time.

We all know that business will be moving from a world of mass marketing, global advertising and brand awareness to a world of one to one relationships-one in which clients will interact or communicate with what they want to and suppliers will survive only by their knowledge of their customers and of their preferences and intentions.

Let it not remain unsaid that the biggest barrier with shopping is the time and inconvenience [of going] shopping.

Based on my personal opinion, pending issues, which will affect me, will be development of technology every week, month and year.

For example, consequently, if you plan for today’s technology in your project, by the time you come to completion, the technology and infrastructure planned for will most likely be outdated or in a worst case no longer available and supported. You may find also that you have planned for the provision of a technology-based service, which has long since been displaced by a cheaper, more powerful successor.

There fore I would prepare my self and my team members in my business in order to learn the updated technology programs and put them in use of our self and business.