Subscribe to BiziNet Digital
Name:     Email:    
BiziNet Logo

A Smart Business of Today and Tomorrow - Business Growth and Exit by Design

Eric Tjoeng
Eric Tjoeng

With the rapid changes in technology, global economy, government regulations, social trends and politics, the new business paradigm is “Adapt or Perish”.

If you are not aware of new and disruptive technologies, including internet of things, blockchain, smart cities, driverless cars, drones, robotic development, artificial intelligence, cloud computing, 3D printing and other external changes, your business future could be at risk. However, if you anticipate and adapt, they might turn into great opportunities.

Due to accelerated changes and disruption, in the World Economic Summit in Davos early this year, some leading experts predicted that 40 % of the American top 500 S&P Companies will not exist in 5 year time. Isn’t that alarming.

Failing to understand the implications and planning for the future of your business could compare to ‘Buying a VHS factory the day before CDs and DVDs came onto the market'. The impact of these emerging concepts also has the potential to affect your business as much as Kodak ignoring the opportunities and threats of the digital camera.

Businesses need to have the methodology and process to be engaged and inspired to have one eye looking at present and one eye looking into the future for a Smart, Successful and Sustainable Business.

Design thinking is a great method for practical, creative resolution to business challenges under rapid changes and uncertainty, with the intent of an improved future result and sustainability. By considering both present and future conditions and parameters of the business challenges, alternative solutions may be explored simultaneously for business growth and exit. Thus “fine tuning the business strategy and business model” to be a Smart Business of Today and Tomorrow is the most important first step.

In order to provide visibility regarding the possible financial outcomes of the best alternatives and to come up with an informed decision making for the best solution, “show me the money” step using scenario analysis financial modelling is a must have second step.

Lastly, as most business owners will agree, success comes from the successful “implementation/execution” of the selected new business model and actions required to grow and/or exit your business profitably and sustainably. Focusing on low hanging fruits and executing the required actions pragmatically and within the business means, measuring the results and taking the necessary corrective actions moving forward will be the key to success.

Are you a Smart Business of Today and Tomorrow?

At BGES, we assist our clients to be a Smart, Successful and Sustainable Business of today and tomorrow with our proven future proofing methodology and an enviable track record in producing exceptional results for business growth and exit.

We would like to offer you a complimentary meeting for your success. Email us: or call us on 1300 87 78 78 for this free offer.

Published on by BiziNet

Reader Comments

BiziNet Magazine Issues
BiziNet Magazine #109 - Nov/Dec 2021
BiziNet Magazine #108 - Jun/Jul 2021
BiziNet Magazine #107 - Apr/May 2021
BiziNet Magazine #106 - Feb/Mar 2021
BiziNet Magazine #105 - Dec/Jan 2021
BiziNet Magazine #104 - Oct/Nov 2020
BiziNet Magazine #103 - Aug/Sep 2020
BiziNet Magazine #102 - Jun/Jul 2020
BiziNet Magazine #101 - Apr/May 2020
BiziNet Magazine #100 - Jan/Feb 2020
BiziNet Magazine #99 - Nov/Dec 2019
BiziNet Magazine #98 - Sep/Oct 2019
BiziNet Magazine #97 - Jul/Aug 2019
BiziNet Magazine #96 - May/Jun 2019
BiziNet Magazine #95 - Mar/Apr 2019
BiziNet Magazine #94 - Jan/Feb 2019
BiziNet Magazine #93 - Nov/Dec 2018
BiziNet Magazine #92 - Sep/Oct 2018
BiziNet Magazine #91 - July/Aug  2018
BiziNet Magazine #90 - May/Jun 2018
BiziNet Magazine #89 - Mar/Apr 2018
Network Advertising
The Inflatable Event CompanyCommercial Flyer Distribution, B2B Flyer DeliveryFlyer Printing, Business Card Printing, Booklet Printing and Other Printing Services - BiziNet Printing