Technology is one of the driving forces of the industry. It has the ability to completely overhaul established processes and give people something new to work with. In the world of business, technology has always played a significant part in progress. In fact, it is the utilization of technology—both proper and improperly—which has led to the rise and fall of several industries.
That being said, we wanted to take a look at the particular aspects of business which has changed completely and even quite drastically because of technological advances.
Communication is one of the biggest things that have been changed by technology. The norm used to be talking through landlines which were subjected to the availability of the caller or receiver. It was also affected by weather. In a lot of times, there would be pieces of information that needed to reach someone else but they had already left for the day or cannot be reached.
Technology has allowed people to stay connected practically 24 hours a day. The advent of mobile devices, the internet, and instant messaging has made it practically impossible for anyone to miss a message.
Back in the day, logistics was handled manually. There needed to be log books, someone assigned to those log books so that they could not be tampered with, and finally, having to collate the date from those log books to quantify and clarify the progress of the logistics processing.
This required significant amount of time and effort. It also did not help that it was also subject to human error. Technology has made it possible to keep track of logistics remotely and information was channeled simultaneously.
In terms of managing employees, technology has made it quite different to how it was around forty years ago. Back then, all the files were on paper and kept in hundreds of file cabinets. Employees often needed to either wait for a summons or set up an appointment in order to see the boss.
In today’s world, files are digital and can be summoned after a few clicks of a mouse. Technology has made it easier for employees to simply send an email to express a concern and the bosses would be able to address it privately.
Technology is something that will continue to evolve because everyone is already convinced that there is always something better to shorten or even boost the efficacy of already existing tasks. Even gamblers have gotten into this trend as well. They are no longer confined to gambling halls. Technology has made it possible for them to gamble from home and even use gambling software to improve their game.
Do you think technology has changed certain aspects of business completely? Which changes have you personally felt?