In the business management world, technology is often compared to a wave. The smart entrepreneur is the one who rides that wave since the other option would be to go under. Business management has always been at the forefront when it comes to benefiting from the latest advances in technology.
Gavin McConnon is a serial entrepreneur operating in Dublin, Ireland, with many businesses and awards to his name. Having founded and run multiple companies, he went on to win several awards including the Eircom (News - Alert) Golden Spider Award for Best Website launched in Ireland, the Irish Internet Association for Next Visionary, the Business and Finance Magazine 02 Young Leaders award, and the Irish Internet Association Internet Start-Up of the Year award among others. He says it’s no secret that technology has had a great impact on business management. Businesses have seen a reduction in costs, improved productivity, and better ROI thanks to technological advances.
Going Mobile
With smartphones just about in every hand these days, it makes sense for businesses and business management methodologies to tap into that vast market and all the opportunities it has to offer. In these times, Gavin McConnon adds, where many businesses are operating remotely, being able to manage a team working from home while at the same time handling marketing, sales, accounting, and logistics to mention but a few wouldn’t be possible if not for the internet and technology.
Many customers prefer to make their purchases online. It’s a lot easier to browse and buy products with just a few clicks. This is especially true for Generation Z customers as well as Millennials and older customers. More and more people are using their phones to look for local businesses and share their experience with products and services.
Gavin McConnon on Getting Connected
With technology, it’s easier for entrepreneurs and business owners to connect with potential business partners, conduct business, and close deals without even leaving their office. According to Gavin McConnon, video conferencing does more than just connect business owners together. Lots of businesses have to adjust to their staff working from home. Every manager now knows the importance of staying connected with the team through video and text chats. It might not be the same as working under one roof, but virtual offices are becoming a reality these days.
Less Cost and More Productivity
However, technology doesn’t just make it easier for business managers to stay in touch and manage a remote team. It also automates many repetitive processes, adds a ton of functionality to make the workers’ life a lot easier, and increases productivity. As an added advantage, most of those software solutions, as well as the underlying hardware, are all affordable and within reach for businesses of all sizes. From start-ups to multimillion-dollar corporations, they all have the ability to leverage the power of cloud computing and take their business to the next level. This drop in costs translates into higher profits and makes technology an essential component of business management for every industry and business sector, says Gavin McConnon.
