As you may see that the world is changing very first, especially I would say that it is developing too first. If you cannot update and upgrade yourself in your field, you are out of it. The changing is the fastest in IT field. The new programming languages, software, script , devices and technology are being upgraded from time to time.
The business sectors are also tending to rely on IT support such as using computer instead of papers. We have to adapt the culture of email communication instead of phone line all the time. If your business is in the group of IT, you may need to upgrade second to second because you will get late if not. The competitors are beating you by their new technology, service, strategy. Beside we are trying to upgrade by relying on new technology, we should also create our own. Our own product means offering new service, planning a new strategy and developing a new product. For example, people never use their smartphones more than two years. They use a new one sometime within 6 months. It means people don’t like to live in old life style. They always want the new things, the upgraded things. Every product can be upgraded until they cannot reach to a limit and as far as you can.
Upgrade your product at least or develop a new one or do both. Philip Kotler, a Marking Guru from USA said if you are doing the same business with changing anything for five years, you are out of it. I would say it take only one year if you are running IT business without changing anything within the time.
Author: Aung Kham
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