Business at the Speed \u200b\u200bof Thought

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Uploaded: 14.03.2007
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Business at the Speed \u200b\u200bof Thought

Bill Gates

In the twenty-first century, the most important factor will be the speed: the speed of doing business and its rate of change. To keep abreast of developments and to anticipate future changes in time, organizations need to drastically improve their information flows.

Modern information flows that allow to organize business processes and to develop the right strategies, are impossible without the "e nervous system." Most organizations do not have enough information in order to properly understand the key aspects of its activities.

"Digital Nervous System" will help them to better understand their business and use this understanding to improve its effectiveness. That infrastructure, which is based on the flow of information will be in the twenty-first century "highlight of the program."

In the next ten years business has changed more than in the previous fifty. In preparation for the performance at the first conference of CEOs and top managers of companies in the spring of 1997, I thought about how the computer age will change the world of business. At first I wanted to devote my speech the wonders of modern technical thought, but instead decided to turn to the issues that constantly occupy the minds of the leaders of firms. How to use technological advances in the business? Where will this lead? And to help you stay "on horseback" in five years and ten? But first things first.

If in 80 years the quality of everything is solved, and in the 90 - re-engineering of business, the key concept of this decade - "speed". Here, the rate of change and the nature of business; here and on operational management of business processes; here and dynamics of changes in consumers' lifestyle and their requests under the influence of the increasing availability of information. The growth rate of the product quality and speed of improvement of business processes will be much higher, and for sufficiently large values \u200b\u200bof these parameters will change the nature of the business itself. If a company produces or distributes products, capable to respond to the market situation is not a matter of weeks, and in a few hours, in fact it has become a company engaged the services of these products on the proposal.

The basis of all these changes is strikingly simple: it is a stream of digital information. We have thirty years are living in the information age, but buyers are still looking for sellers in the old, since the bulk of the exchange of information between companies is still going on with the help of paper. Yes, many people use the potential of information technology - but only to control the basic operations: management of production systems, billing, accounting and tax calculation. All this - no more than the old process automation ...

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