The Insider is a blog that touches on a range of business issues that have been present in BC. I came across the blog and found an article by Tony Wanless on the need for the reinvention of businesses.
Wanless describes how businesses have been operating in the same manner because of inertia: what has been done to get things done is still used to get things done. However, as the world becomes more social, the way businesses are operated must also learn to adapt to a more social environment. What needs to be done, as stated by Wanless, is to focus more on employee skills and emotions in order to make businesses more “human”.
This post was interesting in the fact that it highlights the needs for businesses to be adaptable to its environment and that sticking to “intertia” is not what’s going to keep a business successful. It is interesting to think that how adaptable businesses are to changes is a potential determinant on a particular business’s success. It is a useful concept to understand as, due to technology, the world keeps changing quite quickly.