New Business Practice Has To Be Built On Internet Business Due To Developments Over The Last 5 Years
February 5th, 2010 | by Sydney |Market forces have constantly dictated that the performance and nature of the work place balances. If you agree that the principles of supply and demand will make certain that the right, or required, products and services are provided by successful organisations, then the impact of the Internet Business development may well change the accepted economic paradigm.
Conventional business models are based on a separation of function which for arguments sake resulted from the mechanisation of industry during the Industrial Revolution. In order to improve efficiency the work place “scientists “ such as FW Taylor argued that separation of tasks would improve production rates. Consequently the specialisation of function (innovation, design, production and sales) would be designed to make certain that the upmost opportunity for suppliers and retailers was achieved by encouraging rivalry at both ends of the chain (in producers and retailers).
This model designed around silo’s is now in danger from the worldwide web, the very nature of the ability to share knowledge instantly has had the effect of bringing together those conventional silo’s. It is now perfectly possible that a collection of designers can get together, design an item or service online, in real time. If the harvest is a product then via 3D printing technology that product can be processed and advertised via a website. An entire supply chain can effectively Work From Home producing goods and services via Online Jobs.
This sort of activity will have an affect on the world of work as we see it today, Online Jobs will be the rule as opposed to the exception as design, manufacturing and assembly, sales and marketing and distribution are all feasible through a broadband connection. Conventional barriers to entry in markets, such as accessibility, market intelligence and skill sets will become less of a problem as a start up Internet Business can, without any problem source appropriate skills online and have no need to co-locate a group who can all in actual fact Work From Home. Any market is easily reached when sales pitches and client contact is made through effective use of today’s communication technology. Business forums and blog sites can also grant useful local and regional business information through discussion with firms already working in that market – obviously there is an issue around sharing information that could be useful to your competitors.
There is no doubt that the procedures of production as we understand them today will still be necessary for some elements of manufacturing and production, it would be almost impossible for a local supplier to construct a car and for an internet business sales team who work from home to sell it. It would also be silly to imply that some of the more technologically advanced products we use on a daily basis could be designed over the internet by a group who had never met. However there are millions of products which are simple in design construction and production which could be produced in this way. Who knows, some of them may even gain from design development as hundreds of much smaller groups take a look at those designs and insert their own individual input to them.
