Trend Analysis

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It All Starts With a Boom | Extraordinary Business

Observing trends and planning for change in your industry

Technology in the hands of businessmenWhen looking at a growth strategy for your company, where do you look for direction? Are you looking at your company? Your market? Your industry? Do you know what drives change in consumer spending? What about change in your industry? Where is your industry headed? How do you know?
Observing trends in all three – your company, your market and your industry can help predict where things are going and help you to predict what actions and investments your company will need to make in order to grow and be successful in the future.
If you have been paying attention to trends in the IT industry, one of the latest trends in consumer technology has been wearable tech, from the fitness gear that is becoming somewhat mainstream that tracks your fitness goals, to the more practical watches and headsets, such as Samsung’s Gear lineup, to the tech fringe gloves, glasses, clothing and sport accessories. Additionally, companies are selling components to aid others in the development of unique wearable items to the degree that you may not always know when someone is wearing something.
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It All Starts With a Boom

Observing trends and planning for change in your industry

When looking at a growth strategy for your company, where do you look for direction? Are you looking at your company? Your market? Your industry? Do you know what drives change in consumer spending? What about change in your industry? Where is your industry headed? How do you know?

Observing trends in all three – your company, your market and your industry can help predict where things are going and help you to predict what actions and investments your company will need to make in order to grow and be successful in the future.

If you have been paying attention to trends in the IT industry, one of the latest trends in consumer technology has been wearable tech, from the fitness gear that is becoming somewhat mainstream that tracks your fitness goals, to the more practical watches and headsets, such as Samsung’s Gear lineup, to the tech fringe gloves, glasses, clothing and sport accessories. Additionally, companies are selling components to aid others in the development of unique wearable items to the degree that you may not always know when someone is wearing something.

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Change Happens | Extraordinary Business

What just happened?Spotting marketplace trends that will impact your business in order to develop products and services to address those trends

When the weather is bad, have you ever seen the drivers that continue to drive as though they are riding on dry pavement, thoroughly convinced that nothing will happen to them?  Driving through Atlanta on morning as such I saw a car coming up behind me very quickly.  In front of me, there were a number of cars spread across the lanes, leaving one lane open.  I thought to myself “this guy is crazy,” as the car went flying past me.  Unfortunately, the driver had to swerve around a slower moving vehicle, went into a tail spin and ended up crashing into a concrete barrier that divided the highway.  Fortunately, the driver wasn’t going so fast as to actually get hurt, but she (as I later learned) ended up being extremely late for wherever she was going.  Plus her vehicle was damaged.

Do you run your company like this?  Do you continue to operate the same way, day in and day out, regardless of what is going on in the marketplace? Do you find that you are so busy “doing” that you sometimes miss the queues that might suggest to you that you need to make some change or changes in your business? Do you find that fewer people are paying attention to you or purchasing your products and services without any indication of why? Do you find that you are reactive to things that happen in and around your business?

Has it cost you?

 [···]

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Change Happens | Extraordinary Business

What just happened?Spotting marketplace trends that will impact your business in order to develop products and services to address those trends

When the weather is bad, have you ever seen the drivers that continue to drive as though they are riding on dry pavement, thoroughly convinced that nothing will happen to them?  Driving through Atlanta on morning as such I saw a car coming up behind me very quickly.  In front of me, there were a number of cars spread across the lanes, leaving one lane open.  I thought to myself “this guy is crazy,” as the car went flying past me.  Unfortunately, the driver had to swerve around a slower moving vehicle, went into a tail spin and ended up crashing into a concrete barrier that divided the highway.  Fortunately, the driver wasn’t going so fast as to actually get hurt, but she (as I later learned) ended up being extremely late for wherever she was going.  Plus her vehicle was damaged.

Do you run your company like this?  Do you continue to operate the same way, day in and day out, regardless of what is going on in the marketplace? Do you find that you are so busy “doing” that you sometimes miss the queues that might suggest to you that you need to make some change or changes in your business? Do you find that fewer people are paying attention to you or purchasing your products and services without any indication of why? Do you find that you are reactive to things that happen in and around your business?

Has it cost you?

 [···]

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You Can’t Get There From Here | Extraordinary Business

8 things you need to start working on your small business strategic plan

Atlanta to the Bahamas

If you’ve ever tried to get directions from Google Maps on how to get from Atlanta, GA to the Bahamas, Google Maps will respond, “We could not calculate directions between Atlanta, GA and The Bahamas.  Even if you were to put specific points such as from the restaurant around the corner to the Angler’s Restaurant and Bar in March Harbor, there are no clear directions from one location to the other.  Essentially, with the resources Google has, you cannot get to that destination from there.

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