New Business Planning Has To Be Built On Internet Business Because Of Progress Over The Last 10 Years

Market forces have always 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 proper, or required, products and services are offered by successful businesses, then the impact of the Internet Business explosion may well adjust the accepted economic paradigm.

Traditional business models are based on a separation of function which arguably resulted from the mechanisation of industry during the Industrial Revolution. In order to increase efficiency the work place “scientists “ such as FW Taylor argued that separation of responsibilities would improve production rates. Subsequently 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 a contest at both ends of the chain (in suppliers and retailers).

This model based around silo’s is now under threat from the Internet, the very nature of the ability to share information instantly has had the effect of bringing together those customary silo’s. It is now perfectly possible that a group of designers can get together, design a product or service online, in real time. If the harvest is a product then via 3D printing technology that product can be processed and promoted via a website. An complete supply chain can effectively Work From Home producing goods and services via Online Jobs.

This kind of activity will have an affect on the world of work as we know it today, Online Jobs will be the standard as opposed to the exception as design, processing and production, sales and marketing and distribution are all achievable through a broadband connection. Old fashioned barriers to entry in markets, such as accessibility, market information and skill sets will become less of an issue as a start up Internet Business can, easily source correct skills online and have no need to co-locate a section who can all in actual fact Work From Home. Any market is easily reached when sales pitches and customer contact is made through effective use of today’s communication technology. Business forums and blog sites can also provide useful local and regional business intelligence through discussion with companies already working in that market – clearly there is an issue around sharing information that could be useful to your competition.

There is no doubt that the procedures of production as we understand them today will still be needed for some elements of manufacturing and production, it would be nearly 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 suggest that some of the more technologically advanced merchandise we use on a daily basis could be designed over the internet by a team who had never met. However there are millions of goods which are straightforward in design construction and production which could be produced in this way. Who knows, some of them may even profit from design development as hundreds of much smaller teams take a look at those designs and append their own individual innovation to them.