Industrial and Information Age Thinking
New technologies keep changing business plans so our business plan should be clear, concise and well thought out plan in a dynamic changing market.
“Thus, many … were particularly concerned with leadership, people problems and team spirit.” - Many times your project success–traditional or e-business–depends on the leader and how he/she leads their team. It’s all basically human management or “psychological methods of people manipulation.”
In a traditional business, managed teams are limited by physical, geographic locations. This is different on the web. And we now enter the age of un-managed teams.
“If you can find a way to explain how you will control project costs using a bottom-up approach then it would be easy to convince not only entrepreneurs but big corporations also.”
“…the chasm between Industrial Age thinking and Information Age thinking…How will you control project costs using a bottom-up approach?…you needn’t worry about monitoring and controlling costs with the Information Age solution.”
I just understood that because your production costs are minimal with digital media.
A paradox: “You control the costs in an Information Age solution by not controlling the costs.”
And another:
“…Industrial Age projects have a reasonably predicable environment to work in. There may be constant change…intense competition but systems are designed to work within a known or estimated range of predictability where there are adequate tools, techniques and methods to cope with the variables….In the Information Age, chaotic and disruptive changes cannot be avoided; they are the norm rather than the exception.”
So, how can you have solid plans when the environment constantly changing and is dynamic?
And one last quote:
“In the fast-changing chaotic environment of the Internet, the controlled and regulated systems of the Industrial Age are like the Titanic.”
They will sink if they are not ready for the changes.
Resource:
Small, P., (2000), The Entrepreneurial Web: First, think like an e-business. Great Britain: Pearson Education. (pp 246-251)